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This paper reviews recent empirical evidence on privatisation in developing countries. Particular emphasis is placed on … new areas of research such as the distributional impacts of privatisation. Overall, the literature now reflects a more … cautious and nuanced evaluation of privatisation. Thus it is found that private ownership alone does not automatically generate …
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experiences in other areas suggesting that competition could provide large benefits to hitherto regulated utilities in local …
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economists' treatment of network industries: from cost-of-service regulation through incentive regulation to vertical …
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France lived through a long period of nationalization until the early 1980s, when nearly all the largest industrials firms as well as all the banks and public services were state-owned. Since then, a series of privatization moves have caused the state sector to shrink. Public services present a...
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