This paper provides an empirical analysis of the role of political institutions in privatization. The empirical testing … we show the likelihood and the extent of privatization to be strongly and positively associated with majoritarian … political systems. On the contrary, in consensual democracies privatization seems delayed by a "war of attrition" among …

This paper provides an empirical analysis of the role of political institutions in privatization. The empirical testing … we show the likelihood and the extent of privatization to be strongly and positively associated with majoritarian … political systems. On the contrary, in consensual democracies privatization seems delayed by a war of attrition among different …

This paper provides an empirical analysis of the role of political institutions in privatization. The empirical testing … we show the likelihood and the extent of privatization to be strongly and positively associated with majoritarian … political systems. On the contrary, in consensual democracies privatization seems delayed by a “war of attrition” among …

This paper studies the timing of privatization in 21 major developed economies in the 1977-2002 period. Duration …: privatization is delayed longer in democracies characterized by a larger number of parties and operating under proportional …

A common argument against privatization is that private providers will self-interestedly lobby to increase the size of … their market. In this Article, I evaluate this argument, using, as a case study, the argument against prison privatization … conclude that there is at present no particular reason to credit this argument. Even without privatization, actors in the …

public provision. What explains this wave of reversals in pension privatization, but also variation in its outcomes …? Proponents of pension privatization had argued that it would boost domestic capital markets and economic growth. By revealing how … pension privatization helped increase sovereign debt and how large a part of pension funds' assets was invested in government …