Even though it is well documented that privatization leads to an improvement in the performance of state … because it does not consider the performance of control firms of similar pre-privatization situations, i.e. the performance of … following privatization. Matching sample firms (privatized) to control firms (SOEs), I document that privatized firms do not …

This report discusses the activity of credit guarantee schemes (CGSs) in Western Europe and presents an analysis based …, Eastern and South-Eastern Europe (CESEE). …