Basic strategy for privatization in Iran

Yaghoubi, Mohammad; Seyfi, Vahid; Sadeghi Shahdani, Mahdi

Basic strategy for privatization in Iran

Document Type : Original Article

Authors

Imam Sadiq University

Abstract

Many problems after the Islamic Revolution have led to the failure of privatization policies in Iran. In this paper, we have tried to determine the basic privatization strategies in Iran by SWOT method and QSPM matrix and to consider the privatization process in the country with a long-term view. To do this, we will first answer the question of what are the strengths, weaknesses, opportunities and threats of privatization in Iran in recent years. We will answer this question by examining 72 articles and reports of privatization organizations in Iran, Turkey and Russia.Then, we provided the points extracted from the study of resources to the relevant experts in the SWOT method to estimate the importance of each of the extracted points in the privatization of the country. Finally, in order to present the main strategy for more efficient implementation of privatization in Iran, we used the experience of Turkey and Russia and prioritized the strategies using the QSPM matrix and by asking experts in this field. The results indicate that the overall strategy of the country in the implementation of privatization is defensive and strategies such as " changing the government's approach from a purely political point of view to privatization and its proper implementation with a long-term view by increasing new investments," closely monitoring regulatory bodies of privatization "and "reviewing the background of those in charge of privatization " are important privatization strategies in Iran.

Keywords

20.1001.1.22520597.1400.10.37.2.4

References

Andrei Shleifer and Robert W. Vishny (1994) Privatization in Russia: First Steps, Transition in Eastern Europe, University of Chicago, Press Volume 2, pp 137-164.

Al Qudah, Ali. Mustafa.Abdullah. (2011).“ The operating Efficiency and Market Value of Jordanian Privatization Firms: Fixed and Random Effects Analysis”. Interdisciplinary Journal of Research in Business, Vol.1, Issue.7, pp 99-116.

Ars. Gor. Gonca Gungor (2012), By Historical Perspective Assessment of Privatization Implementings in Turkey, The Sakarya Journal of Economis, Vol 9, pp 100-118.

Beesly, Michael. Littlechild, Stephen. (1983).“Privatization:Priniciples, Problems andPriorities”. Leoyds Bank Review, vol.149, pp 1-21.

Boubakri, Narjess, Smaoui, Houcem & Myriam Zammiti (2009), "Privatization Dynamic and Economic Growh", Journal of Business & Policy Research, Vol. 4, No. 2, PP 16-44.

Cagrı Ozcan İsmail(2018), The privatization of roads: An overview of the Turkish case,Journal of Case Studies on Transport Policy, Vol 6, Issue 4,pp 529-536.

Coskun Can Aktan, Implementation of Privatization and Major Problems (2010), Journal of Social and Human Sciences Vol 2, Issue 2, pp 124-137.

Christopher Monday (2017), Privatization to putinization: The genesis of Russia's hobbled oligarchy, Journal of Communist and Post-Communist Studies Vol.50, Issue 4, pp 303-317.

Dower Paul Castaneda, Markevich Andrei(2014), A history of resistance to privatization in Russia, Journal of Comparative Economics, Vol. 42, Issue 4,pp 855-873.

Ebru Oztum tumer (2004),Influence of Privatization on Turkish Wage and Employment,Ankara University Institute of Social Sciences, Labor Economics Department, Master Thesis.

Elena Medova & Larissa Tischenko (2006), Lawles Privatization. Centre for Financial Research, Judge Business School, University of Cambridge, working paper, no.9, pp 1-37.

Fidrmuc jarko Lidwina Gundackerae(2017), Income inequality and oligarchs in Russian regions: A note, European Journal of Political Economy, Vol.50, pp 196-207.

Goridko Nina, Robert Nizhegorodtsev (2018), Public Losses – Private Gains: Some Institutional Filters for Russian Economy, Journal of IFAC-Papers On Line Vol. 51, Issue 11, pp 868-875.

Marcelin Isaac, Mathur Ike (2015), Privatization, financial development, property rights and growth, Journal of Banking & Finance, Vol 50, pp 528-546.

Komijani, Akbar (2003), "Evaluating the performance of Privatization Policy in Iran", The Economic Assistance Press, Ministry of Economics and Finance (in Persian).

Megginson, William L. & Jeffry M. Netter (2001), "From State to Market: A Survey of Empirical Studies on Privatization", Journal of Economic Literature, vol.39, no.2, Jun. pp 321-389.

Omran, M. (2007). “Privatization, State Ownership and Bank Performance in Egypt”.World Development, Vol.35, No.4, pp 714-733.

Ozer Ertuna, (1998), Constraints of Privatization: The Turkish Case, Mediterranean Development Forum September 3 – 6, Bogazici University press, Istanbul.

Judith McKinney (2020), Russian Women and The End of Soviet Socialism, Everyday Expriences of Economic Change, Palgrave Macmillan press, NewYork

T.R, Ministry of Treasury and Finance, Privatization Administration Directorate, performance Report 2018 and strategic plans.