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Tables of Contents for Privatization and Labor
Chapter/Section Title
Page #
Page Count
FOREWORD
V
1
ACKNOWLEDGMENTS
VI
1
ABSTRACT
VII
1
EXECUTIVE SUMMARY
VIII
I. INTRODUCTION
1
2
II. WHY AND HOW DOES PRIVATIZATION AFFECT LABOR?
3
8
LABOR MARKET CHARACTERISTICS OF STATE ENTERPRISES
3
2
Too many employees
3
1
Generous pay and benefits
4
1
Restrictive labor contracts
4
1
PRIVATIZATION'S EMPLOYMENT IMPACT: INITIAL CONDITIONS MATTER
5
4
Labor force reductions
5
2
Changes in the terms and conditions of service
7
1
New job creation
8
1
CHALLENGES OF LABOR RESTRUCTURING
9
2
III. DEALING WITH LABOR ADJUSTMENTS IN PRIVATIZATION
11
21
TIMING AND SEQUENCING: RESTRUCTURE BEFORE OR AFTER PRIVATIZATION?
11
3
RESTRUCTURING OPTIONS
14
6
Early retirement and voluntary departure programs
14
5
Contracting arrangements
19
1
Retrenchment
19
1
MANAGING THE PROCESS: THE ROLE OF COMMUNICATION AND EMPLOYEE PARTICIPATION
20
3
Communicating with labor
20
2
Employee share ownership schemes
22
1
RETRAINING AND REDEPLOYMENT SUPPORT
23
6
Mixed results
25
1
Getting better results
26
3
ELIMINATING OBSTACLES TO PRIVATE JOB CREATION
29
1
PROVIDING CONTINUITY OF SOCIAL SERVICES: THE SPECIAL CHALLENGE OF TRANSITION
30
2
IV. WHAT CAN THE WORLD BANK DO?
32
6
INSTITUTIONAL SUPPORT
32
2
FROM INDIRECT TO DIRECT FINANCING FOR SEVERANCE PAY
34
2
TARGETING STATE ENTERPRISE WORKERS VIA POVERTY ALLEVIATION PROGRAMS
36
2
ANNEX 1
38
3
REFERENCES
41