, not all privatization entails complete ownership transfer from public to private hands. In many industries, especially in … infrastructure industries, privatization has often been technically labeled “private participation.” In this article, we recognize …

There is a continuing debate on whether or not ownership changes accompanying privatization of state-owned enterprises … of telecommunication firms around the world, 4 years before and 4 years after privatization, using two parallel measures … could corroborate stronger evidence for or against maintained hypothesis of performance improvements after privatization …

and revisits policy implications. Practical implications – No one policy fits all in Indonesia for privatization programme …

Privatization and market liberalization are widely considered to be complementary reforms in transition economies. This … pursued too vigorously, privatization may actually impede the transition process following market liberalization. Our result … analysis, less than full privatization is optimal when the costs of learning are sufficiently important. …

Privatization is defined as the sale of state-owned assets by governmental agencies to private investors (e ….g., Megginson, Nash, Netter, and Poulsen, 2004; Villalonga, 2000). Research on privatization has focused on privatization techniques … (e.g., share issue privatization or voucher privatization), social welfare, governmental commitments to economic …

This paper examines the fiscal impact of privatization revenues in 47 developing countries. There are many reasons that … privatization is attractive for the central government of developing countries. If substantial, these revenues from the sale of … state owned enterprises can present a potential solution to persistent deficits. On the other hand, the privatization …