Towards New Arrangements for St - OECD

Foreword
Table of Contents
Executive Summary
Chapter 1 Priorities for improving governance and performance of state-owned enterprises in the Middle Eastand North Africa
	Introduction
	Role of the state in MENA economies
	Current reform priorities
	Conclusions
	Notes
	Bibliography
Chapter 2 The Arab Spring emphasises better corporate governance of state-owned enterprises
	The Arab Spring and corporate governance
	State capture: relevance to MENA countries
	SOE sector reform
	Sovereign wealth funds
	Recommendations
	Notes
	Bibliography
Chapter 3 How the GCC did it: formal and informal governance of successful public enterprise in the Gulf Co-operation Council countries
	Introduction
	Absence of conventional governance mechanisms
	A level playing field – but who wants to play?
	The institutional context of GCC SOEs: governed well without good governance?
	Legal status and regulation: measured privilege
	Do GCC boards matter?
	Evolution of SOE governance in the Gulf
	Lessons for non-GCC countries?
	Notes
	Bibliography
Chapter 4 State-owned enterprises in Kuwait: history and recent developments
	Introduction
	Historical background
	Current composition and practices
	Corporate governance of Kuwaiti SOEs
	SOE performance and prospects
	Notes
	Bibliography
Chapter 5 Transparency of Egypt’s public-private joint ventures
	Introduction
	Structure of the public joint ventures sector
	Corporate governance of public joint ventures
	Assessment of the disclosure provided
	Considerations for future improvements
	Notes
	Bibliography
	Annex 5.A.1 Ownership structure of two public-private JVs
	Annex 5.A.2 Methodological notes
Chapter 6 Corporate governance of state-owned enterprises 
in Morocco: evolution and perspectives
	Introduction
	The SOE landscape in Morocco
	Progress in the governance of public enterprises
	Ongoing initiatives
	Conclusions
	Notes
	Bibliography