Download or read book public enterprise reform in adjustment lending written by John R. Nellis and published by World Bank Publications. This book was released on 1989 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Specific divestiture dates and institutional public enterprise reform should probably not be a matter of hard conditionality for sectoral adjustment lending. One alternative is to establish institutional development projects that parallel adjustment operations. Another is to establish "primary conditions, " nonfulfillment of which would bring an operation to a halt, and "secondary conditions, " (including most institutional and public enterprise reforms), nonfulfillment of which would evoke sanctions but not end operations.