This paper studies why some efforts at public enterprise reform fail and why others succeed. Economic reforms are intended to increase efficiency and, thus, help sustain long term growth. Yet, many governments have had difficulty sustaining the reforms they initiated and have reintroduced rigid...

This paper studies why some efforts at public enterprise reform fail and why others succeed. Economic reforms are intended to increase efficiency and, thus, help sustain long term growth. Yet, many governments have had difficulty sustaining the reforms they initiated and have reintroduced rigid...