a widening of the current account deficit. IMF staff noted the delay in preparing the privatization strategy for the … energy sector, and encouraged the authorities to make every effort to complete the privatization of the energy sector. …

inefficient use of resources and intermediation. Progressive removal of inefficiencies over time by means of privatization of …

The increased budget deficit caused by the privatization of a public pension plan does not imply a relaxation of the … and explicit public debt. There may be circumstances in which pension privatization, if not offset by fiscal consolidation …

This paper empirically investigates the relationship between privatization and measures of fiscal and macroeconomic … performance. One of the main findings is that privatization proceeds transferred to the budget tend to be saved. Specifically …. However, by construction, this part of the study is restricted to privatization proceeds transferred to the budget, leaving …

Although a centerpiece of the reform process in Central and Eastern Europe, large-scale privatization cannot be … the allocative efficiency implications of alternate sequences of privatization in a reforming planned economy with two …

stability, privatization of large enterprises, minimizing government interference with economic signals, and the imposition of …

The paper examines the recent privatization experience in Ukraine in the context of the streamlining of Fund structural … conditionality. A particular focus is the shift from privatization-related conditionality based on quantitative targets to … conditionality aimed at strengthening privatization procedures. The paper examines how this shift was managed in Ukraine and …