Von Schlagel may not be aware of it - he didn't refer to it in his letter - but the public corporation
horse has been around the Oregon track before.
The government is finally making moves to limit the bestowing of executive positions at public corporations
and independent administrative agencies on retired top bureaucrats.
In 2000, the cabinet approved a plan to allow private firms to start offering postal services when the public corporation
is set up.
Because their history runs counter to the current assumption that family-owned businesses are likely to be less efficient, less forward-thinking, and less profitable than public corporations
Essentially, Revenue wants to determine whether the characterization of the public corporation
shares as taxable Canadian property was correct.
A second case might involve a public corporation
that has accumulated no losses in recent fiscal years.
Koizumi told a press conference that support for plans to privatize public corporations
dealing with postal services and highway construction will be a main issue in the party poll, stressing that revival of the Japanese economy is the most important task he must deal with.
But the banks changed the policy in light of the worsening financial situation at the public corporation
and worries that loans to public entities may turn sour, and signed the pact in May, the officials said.
Including five projects for which producers are asked for self-verification of inspection criteria in line with the responsibility system, the plan will allow private firms to take part in 60% of the projects currently conducted by public corporations
, the government said.
Prime Minister Junichiro Koizumi agreed Tuesday to appoint someone from the private sector to head a new public corporation
to be established next April to run the nation's postal services, posts and telecommunications minister Toranosuke Katayama said.
It also urged the government to formulate a comprehensive public corporation
reform plan by the end of next March and carry out it by the end of March 2006.
During an upper house plenary session, posts minister Toranosuke Katayama explained the four bills, designed to create a public corporation
next April to take over the state-run postal services -- mail delivery, postal savings and life insurance.