"This paper studies the cycles of nationalization and privatization in resource-rich economies. We discuss available … evidence on the drivers and consequences of privatization and nationalization, review the existing literature, and present … of the observed cycles of privatization and nationalization, and is consistent with a variety of observed phenomena …

investigate the demand for the rule of law in post-Communist economies after privatization under the assumption that theft is … reform may not emerge because the expectation of weak legal institutions increases the expected relative return to stripping …

Infrastructure assets have undergone substantial privatization in recent decades. How do different types of owners … rather than operational changes. Overall, we find little evidence that privatization alone increases airport performance …; instead, infrastructure funds improve performance both in privatization and subsequent acquisitions from non-PE private firms …

Privatization has been shown to increase growth and profitability of public firms. However, effects on consumers are … we interpret as a decline in access to care. Hospital privatization therefore partially offsets the benefits of providing …

This paper investigates a unique policy designed to maintain employment during the privatization of East German firms …

SOE jobs, leading them to select into the SOE sector in the pre SOE reform era. When the SOE sector was downsized, some …

We estimate the effects of privatization on zombie versus healthy state-owned enterprises (SOEs) in China, extending … privatization of underperforming, zombie-like entities can lead to substantial economic improvements and greater efficiency …