liberalization, privatization, and stabilization reforms. Theory predicts that decentralization may aggravate fiscal imbalances … over 19 years to address a central question of fact: Did privatization help to promote local governments' fiscal discipline …? The answer is clearly ‘no' for privatization considered in isolation. However, privatization and subnational fiscal …

excel. Our study is the first in the privatization literature to go beyond performance comparisons and examine firm …

privatization, but also that most respondents prefer to leave firms in private hands. We test three theories of support for reform … by examining who wants to revise privatization and why. First, consistent with a "utilitarian" view, respondents with … poor human capital and few assets support revising privatization in all institutional settings and hold this view because …

literature on privatization. Around 1989/90 the emphasis had been put on de-etatization and good corporate governance and little …). Today, it is clear that this is the name of the game. Without TNCs, privatization simply doesn't produce the expected … of manufacturing exports. It is argued that for resource-poor transition economies privatization to foreign strategic …