Some World Bank studies claim that privatization has a progressive impact on employment and quality of labour. Significant literature and the persistent high unemployment rate since the advent of privatization in Nigeria do not buttress this claim. The controversial privatization of the Nigerian...

The world is in the midst of a new wave of privatization, with record dollar amounts raised in both developed and developing countries.Using rich Swedish registry data covering two decades from the mid-1990s, we show that privatizations increased unemployment incidence by almost a fifth, and...