This paper shows empirically that "privatization" in the energy, telecommunications, and water sectors, and the … privatization and the introduction of independent regulators have, at best, only partial effects on the consequences of corruption …

This paper shows empirically that privatization in the energy, telecommunications, and water sectors, and the … privatization and the introduction of independent regulators have, at best, only partial effects on the consequences of corruption …

We look at privatization in a general equilibrium model of a small, tariff-distorted, open economy. There is a …. However, privatization also leads to lower wages and possibly fewer private brands. This lowers workers' welfare, which may … make privatization politically infeasible. Privatization can improve workers' welfare with complementary reforms, e …