This book offers a refreshing and original theoretical conceptualization of what happened to state-owned enterprises after they were privatized from the late 1970s onwards. Some privatized firms have become today's European and global giants, 'Alphas', merging with or acquiring other firms,...

This book, edited and researched by experts at the International Monetary Fund (IMF), looks at fiscal adjustment plans in advanced economies, comparing the planned or projected reductions in debts and deficits to the actual outcomes. It also looks at whether spending exceeded expectations or...