answers. Privatization encourages restructuring if it is rapid and comprehensive and leads to concentrated ownership …. Privatization also promotes restructuring because privatized firms are more likely than state-owned enterprises to exercise wage … only as part of privatization and to encourage negotiations for financial restructuring only after the banks are privatized. …

successful. Fast privatization is instrumental in encouraging restructuring. On average, a firm that has been privatized for four … the method of privatization. Although case-by-case privatization might result in more foreign ownership, investment, and …-by-case privatization …