Over the course of the 1988-97 period, the Brazilian steel sector was subject to an unprecedented programme of trade liberalisation and privatisation while becoming far more open towards foreign investment and technology inflows. Using various indicators of competitive performance, it is...

This paper examines the disinvestment of shares of public sector enterprises (PSEs) in India since 1991. The poor performance of PSEs made reform increasingly urgent in the context of the broader strategy of the liberalization of the economy to deal with the perceived weaknesses of India's...