We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Saudi Airline and the Privatisation - Dissertation Example

Comments (0) Cite this document
Running Head: Saudi Airline and Privatisation Saudi Airline and Privatisation Table of Contents Introduction 3 Privatisation 3 Reasons for Privatisation 3 Case of Saudi Airlines 5 Research Question 7 Research Objectives 7 Literature Review 8 Processes of Privatisation 8 Ideology of Privatisation 9 Advantages of Privatisation 10 Case of Continental Airlines 11 Disadvantages of Privatisation 14 Criticism on Privatisation from Within (The Right and Conservative Economists) 14 Case of British Airways and British Railways 16 British Airways 16 British Railways 19 Privatisation in Saudi Arabia 20 Methodology 22 Research Philosophy 22 Data Sources 23 Findings a…
Download full paperFile format: .doc, available for editing
Polish This Essay98.9% of users find it useful
Saudi Airline and the Privatisation
Read TextPreview

Extract of sample
"Saudi Airline and the Privatisation"

Download file to see previous pages However, in essence, it refers to the shift of partial or full responsibility for a function performed by the public sector or government to the private sector. The most common usage of the term takes place when a public sector entity is divested, either through sale or a long term lease, to a private entity (Veljanovski & Bentley, 2008, p. 42). However, technically, the granting of a long term franchise or concession to the private sector investors, where they would build, manage and operate a major project also falls under the umbrella of privatisation. Furthermore, in a third type of privatisation, a government entity retains control of the strategic direction of the public service but allows a private entity to deliver a public service. This form of privatisation is commonly known as outsourcing or contracting (Bortolotti, et al., 2004, pp. 330). Reasons for Privatisation As argued by Megginson & Netter (2001) that the government usually justifies privatisation with three reasons. First, privatisation generates revenue which could be used to reduce the fiscal deficits and pay off debts. Throughout the history, in times of dire need, huge debts and fiscal deficits, policymakers have resorted to privatisation of the SOEs s that they reduce fiscal deficits and pay off the public debt (Bos, 2011, p. 41). Consider the ongoing example of the European Sovereign Debt Crisis, where countries such as Spain, Greece, Portugal, Cyprus, Iceland and others are facing a difficult time in meeting their debt obligation. Many of the European countries have sold off several public entities to generate much needed revenue. In fact, many countries that have acquired bailouts from International Monetary Fund (IMF) and European Central Bank (ECB) have had to sign agreements promising the privatisation of several underperforming public sector institutions. Therefore, in these countries, privatisation is an attempt at bailing out the government and the SOEs. Second, policymakers might also undertake privatisation to reverse the effects of “crowding out” within markets and encourage the private enterprises to take the lead. As apparent from the theory of crowding out, when governments, while following an expansionary fiscal policy, increase the size of the public sector, it drives out the private sector from the market (Cashore, 2002, p. 505). More importantly, in several cases, even a moderate increase in public sector might drive out several private entities. Therefore, when public sector entities leave the competitive arena, with their monopoly, concessions, subsidies, unlimited funds and several other advantages, it encourages the private sector to enter the market (Vickers & Yarrow, 1988, p. 52). When the government no longer is there to distort the market, the market forces ensure effective and efficient resource allocation, which not only generates employment ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Saudi Airline and the Privatisation Dissertation”, n.d.)
Saudi Airline and the Privatisation Dissertation. Retrieved from https://studentshare.org/business/1403822-saudi-airline-and-the-privatisation
(Saudi Airline and the Privatisation Dissertation)
Saudi Airline and the Privatisation Dissertation. https://studentshare.org/business/1403822-saudi-airline-and-the-privatisation.
“Saudi Airline and the Privatisation Dissertation”, n.d. https://studentshare.org/business/1403822-saudi-airline-and-the-privatisation.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
Master Dissertation (strategic change in aircraft maintenance company)
The research objectives of this study were to analyse the strategic business environment of ADAT, to investigate the strategic change process company, to study the impact of the strategic change on the company and to identify the ways to improve performance of the company.
40 Pages(10000 words)Dissertation
Airline Industry
The present study would try to analyse the airline industry by conducting a strategic analysis of British Airways. The study would also include a comparative analysis of the selected company with Emirates Airlines which is one of the most important competitors of British Airways in the international sector.
12 Pages(3000 words)Dissertation
Commercial banks in Saudi Arabia
In the past, there used to be elite existences that were responsible for maintaining inflow and outflow of money in the market; however, since few decades, commercial banks have been performing this imperative task to maintain and improve economy of the country.
16 Pages(4000 words)Dissertation
Petrochemical Industry of Saudi Arabia
Saudi Arabia is largely dependent on oil for its revenues. The presence of this very mineral is likely to attract a large amount of investment in the nation. However, in order to venture out to any particular sector, an investor normally takes into consideration the extent to which the respective stock is volatile to market fluctuations.
7 Pages(1750 words)Dissertation
Oman Air, In The airline industy and growth opportunities
Oman Air has been successfully operating as a full service airline but not in competition with three major carriers in the region – Etihad, Emirates and Qatar Airways. Oman Air has earned its own reputation and assisted by the local government, it is now surging ahead with a low-cost airline.
20 Pages(5000 words)Dissertation
Saudi Aramco Oil Company
This will also provide results of research on the practices of CSR of the different organisations that aimed to involve Business Social Responsibility (BSR) practices with those of the oil and gas industry. Above all, this will provide a connection of CSR and environmental protection and sustainability.
40 Pages(10000 words)Dissertation
Low cost airline
Doganis defines low-cost airlines as airlines ‘’ that modeled themselves as Southwest’’. However, Shaw defines it as ‘’airlines which are able to deliver the product basics of frequency and punctuality, but which do not offer luxurious seating and high level of provision of food, drinks, and in-flight entertainments.
48 Pages(12000 words)Dissertation
Green Buildings in Saudi Arabia
This dissertation chapter focuses on the building council in Saudi Arabia that is trying to promote and facilitate the practice of green building in the country by increasing public awareness, providing training and needed education on the issue, assisting the industry of construction alter to the specifications and needs of green building development.
11 Pages(2750 words)Dissertation
This reform is considered to be one of the major economic reforms since 1984. Rural Township and Village Enterprises (TVE’s) also played a significant role in the course of
3 Pages(750 words)Essay
Saudi Arabia Political Economy Environment
Women in Saudi Arabia have been estimated to be approximately half of the population. The unique ration of men to women in the region is due to over 5 million, most of whom are male, workers who have immigrated into Saudi Arabia from foreign regions.
6 Pages(1500 words)Dissertation
Let us find you another Dissertation on topic Saudi Airline and the Privatisation for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us