This paper presents new evidence about privatisation processes and their determinants from a panel of 34 countries over … the 1977-99 period. The empirical analysis shows that privatisation takes place typically in wealthy and democratic … budget constraints. But the extent of privatisation in terms of revenues and stakes sold appears more limited in civil law …

This paper carries out an overview of the recent history of privatisation in Spain. At this point, the paper focuses on … argued that privatisation policy has been inconsistent with the liberalising measures, reflecting the conflict between the … empirical evidence on the economic consequences of privatisation on firms and markets performance, with a particular emphasis on …

with few competitors had less turnover as well. 2) Managerial change and privatisation do not appear to play a role on … productivity in privatised firms only. 4) These findings suggest that privatisation, competition and managerial change are …

Privatisation, i.e. the transfer of ownership and control of state-owned enterprises, is a worldwide phenomenon. Which … of privatisation method appear to be influenced by the governing political majority and public sector budget constraints …, while the success of privatisation in terms of revenues and stakes sold requires suitable institutions and developed capital …

competition, increased private provision, and in some cases privatisation. This development is motivated by expected cost …

Normally, privatisation is seen as beneficial. In the case of Serbia, the results are disappointing. This paper … considers the failure of privatisation in Serbia - a latecomer in the matter - where privatisation was partly a result of … were subjected to a period of supervision. We argue that this process of privatisation was designed to allow rentseekers to …