This paper presents new evidence about privatisation processes and their determinants from a panel of 34 countries over … the 1977-99 period. The empirical analysis shows that privatisation takes place typically in wealthy and democratic … budget constraints. But the extent of privatisation in terms of revenues and stakes sold appears more limited in civil law …

This paper carries out an overview of the recent history of privatisation in Spain. At this point, the paper focuses on … argued that privatisation policy has been inconsistent with the liberalising measures, reflecting the conflict between the … empirical evidence on the economic consequences of privatisation on firms and markets performance, with a particular emphasis on …