This paper, prepared by the Private Sector Development Department at the initiative of the Africa Technical Department of the World Bank, examines the promise and challenge of infrastructure privatization in Sub-Saharan Africa, with particular emphasis on power, telecommunications, water, rail,...

Privatization has been the basic direction of reform in transitional economies. In implementing this process, however, policy makers overlooked the problems of the remaining public enterprises, mainly public utilities and natural resource-based industries which often include declining...

The objective of this paper is to analyze the conditions needed to achieve sustainable private sector growth in the Visegrad countries. The analyzes focuses on (i) the "enabling" environment (legal and regulatory framework, institutional capacity); (ii) privatization of state enterprises; and...

The central objective of the research summarized in this report was to explore the ways and means of reforming State-Owned Enterprises (SOEs) to achieve efficiency, profitability and accountability. Specifically, this project sought to: (i) survey international experience in SOE reform; (ii)...

This monograph contains the proceedings of a high-level workshop on "International Experience in Case-by-Case Privatization: Lessons for the Russian Federation" that was held in ST.Petersburg, Russia in July 1997. Against the backdrop of Russia's mass voucher privatization initiative in 1993-94...

Chapter 1 of this paper argues that punlic sector resources in developing countries are insufficient to finance demand for investment in increasingly integrated infrastructure services. Chapter 2 discusses the role of reforms in public enterprises providing infrastructure services. Chapter 3...

Drawing on global experience, this paper provides practical guidance to government officials charged with managing case-by-case privatization programs. It identifies the five key steps in case-by-case privatization, describes sale options and the processes for carrying them out, and examines...

Countries the world over have launched ambitious privatization programs to improve the efficiency of state enterprises, free up resources for social services, and mobilize capital for expansion and modernization. A universal concern in this process is the effect privatization has on labor. Many...

This report is not a step-by-step guide on how to negotiate concessions. Nor is it an attempt to identify model contracts or clauses. Rather, it aims at helping policymakers and their advisers to better understand some of the most important and difficult issues related to the design, award,...

From 1989 to 1994 the government of Mexico carried out a major restructuring of the telecommunications sector. Telefonos Mexico was privatized, and cellur, value-added and private networks and services were liberalized. In late 1994 the government moved toward further opening up the market, this...