This is a NAVAL POSTGRADUATE SCHOOL MONTEREY CA report procured by the Pentagon and made available for public release. It has been reproduced in the best form available to the Pentagon. It is not spiral-bound, but rather assembled with Velobinding in a soft, white linen cover. The Storming Media report number is A373313. The abstract provided by the Pentagon follows: This is a study of privatization in Indonesia. Privatization is defined as the transfer of ownership control or functions from the public to a private sector. After an overview of the terminology used in describing privatization and the current theory of privatization, this thesis examined four performance factors of Indonesia's economy: crises and reform, sustaining development, the growth challenge, and public sector. The study analyzes the public enterprise's role in economic development. Further, it examines privatization purpose and the privatization process with respect to evaluation and selection of public enterprises. The study further indicates the priority for privatizing public enterprises. Finally, the author suggests considerations and requirements for management in a privatization program.
