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Information Journal Paper

Title

PRIVATIZATION, GOVERNMENT SIZE AND EMPLOYMENT IN THE ISLAMIC REPUBLIC OF IRAN

Pages

  105-128

Abstract

 The aim of this paper is to investigate the effects of PRIVATIZATION on GOVERNMENT SIZE, GOVERNMENT DEBT and EMPLOYMENT during the first and second Economic Plan (1368 to 1378). During 1368 to 1378 in Iran, more than 8034.8 billion rials of state owned companies were privatized. 71.8% of these stocks were sold on the stock market and 28.2% were sold through other means. Most of the PRIVATIZATION took place during the second Economic Plan; notably during the final year. The body mainly responsible for the PRIVATIZATION program was the Organization for Development and Renewal of Iranian Industries. This research is based on data gathered about economic variables and the transfer of state owned companies, indicators of GOVERNMENT SIZE, GOVERNMENT DEBT and EMPLOYMENT. Despite original expectations, the results obtained from this study show that PRIVATIZATION policy has been unsatisfactory in reducing the GOVERNMENT SIZE and the role of state owned companies in Iranian economy. Demonstrated in the outcome is an increase in public sector debt, particularly in state owned companies’ debt to the banking system. This is another indication that the PRIVATIZATION policy has not improved the government’s financial status. Though the results derived from the effects of PRIVATIZATION on EMPLOYMENT is ambiguous; the method of PRIVATIZATION could have played an important role. The research has shown that PRIVATIZATION through the stock market method can be effective in increasing the rate of EMPLOYMENT. Evident from the results of this paper, it is recommended that the PRIVATIZATION program be done by the stock market method.

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    Cite

    APA: Copy

    KARIMI POTANLAR, S.. (2004). PRIVATIZATION, GOVERNMENT SIZE AND EMPLOYMENT IN THE ISLAMIC REPUBLIC OF IRAN. JOURNAL OF THE FACULTY OF HUMANITIES AND SOCIAL SCIENCES, 4(13), 105-128. SID. https://sid.ir/paper/382055/en

    Vancouver: Copy

    KARIMI POTANLAR S.. PRIVATIZATION, GOVERNMENT SIZE AND EMPLOYMENT IN THE ISLAMIC REPUBLIC OF IRAN. JOURNAL OF THE FACULTY OF HUMANITIES AND SOCIAL SCIENCES[Internet]. 2004;4(13):105-128. Available from: https://sid.ir/paper/382055/en

    IEEE: Copy

    S. KARIMI POTANLAR, “PRIVATIZATION, GOVERNMENT SIZE AND EMPLOYMENT IN THE ISLAMIC REPUBLIC OF IRAN,” JOURNAL OF THE FACULTY OF HUMANITIES AND SOCIAL SCIENCES, vol. 4, no. 13, pp. 105–128, 2004, [Online]. Available: https://sid.ir/paper/382055/en

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