'In the golden days of the Washington consensus privatization was viewed as one of the central pillars of successful development. Ideology and interests triumphed over economic theory and experience both of which noted the difficulties posed by privatization and its limitations. Through a series...

Limits to Privatization is the first thorough audit of privatizations from around the world. It outlines the historical emergence of globalization and liberalization, and from analyses of over 50 case studies of best- and worst-case experiences of privatization, it provides guidance for policy...