tag:blogger.com,1999:blog-18156735.post113253986316610852..comments2023-10-29T17:43:27.054+07:00Comments on café salemba: Privatize PLN!Unknownnoreply@blogger.comBlogger5125tag:blogger.com,1999:blog-18156735.post-1132658308684120272005-11-22T18:18:00.000+07:002005-11-22T18:18:00.000+07:00Defining "acceptable" is in itself only a matter o...Defining "acceptable" is in itself only a matter of aggreement between involved parties (e.g. the state and the public). However we will need some sort of "performance index" to distinguish what acceptable and what not in the first place. I think that's the hard part. I am not a corporate business economy expert to give you a reasonable answer, but my naive guess is that things like the ratio between anual production and investment, or ratio between production and labor could be part of such a peformance index. We could look at the history of PLN and point at where these ratios are close to ideal, and use them as the norm against which the performance today is compared.AWB:https://www.blogger.com/profile/15381778966763141903noreply@blogger.comtag:blogger.com,1999:blog-18156735.post-1132649791005120862005-11-22T15:56:00.000+07:002005-11-22T15:56:00.000+07:00Deciding what "acceptable" is in itself is probabl...Deciding what "acceptable" is in itself is probably just a matter of agreement between the state and public.<BR/><BR/>Deciding what should be used as the "performance index" to decide acceptability is more difficult. I don't have the answer, since I am not an expert in corporate economy :) But I suppose things like: ratio between anual production and investment can be used, the ratio between production and labor seems useful too, ...AWB:https://www.blogger.com/profile/15381778966763141903noreply@blogger.comtag:blogger.com,1999:blog-18156735.post-1132616479949973962005-11-22T06:41:00.000+07:002005-11-22T06:41:00.000+07:00what should be the "acceptable level"?what should be the "acceptable level"?'zahttps://www.blogger.com/profile/07405857986411754583noreply@blogger.comtag:blogger.com,1999:blog-18156735.post-1132569600089871122005-11-21T17:40:00.000+07:002005-11-21T17:40:00.000+07:00Well, it's a political thing. Having a full contro...Well, it's a political thing. Having a full control over energy is a HUGE political power. Now, if you are the state, will you just give away that power simply because of few billions loses? Well, if you're a hard-core liberal you would probably say yes. I would say let's at least consider our options first...<BR/><BR/>Maybe by just introducing few simple but effective mechanism you can increase PLN effeciency to a more acceptable level, which may be a good enough trade off...AWB:https://www.blogger.com/profile/15381778966763141903noreply@blogger.comtag:blogger.com,1999:blog-18156735.post-1132543163474055142005-11-21T10:19:00.000+07:002005-11-21T10:19:00.000+07:00i don't know where we got the idea that state-owne...i don't know where we got the idea that state-owned cos should not generate profit. by all means, government supposed to govern, and state-owned cos are not charity foundation. just because they are running to service the whole nation doesn't mean they have to suffer losses. what the hell happened with win-win situation?<BR/><BR/>privatize and monopolize at the same time might be a bad idea but as long as everything makes sense and affordable, i couldn't see why one should complain. PLN, PJKA, PAM, you name it.<BR/><BR/>and they stop acting like beggars, for god's sake. we all know the money is there, at least it should be there!-chrysalic-https://www.blogger.com/profile/06681894966991140797noreply@blogger.com