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Recent evidences indicate that privatization leads to enormous benefits to society almost without undesirable costs …. However, stakeholders of privatization seem not to satisfy the resulting performance of privatized firms. Using data from 202 … companies up to 10 years and study costs and benefits of privatization. Privatization is followed by a 1.1-percentage …
Persistent link: https://www.econbiz.de/10013146701
We study a long-term relationship between a risk-neutral firm that has been delegated to manage a local utility project and a regulator that has always the option-to-revoke the delegation. We show that when the threat of revocation is credible and the cost of exercising it is not too high, the...
Persistent link: https://www.econbiz.de/10011608615
The theoretical and empirical literature on water supply and sewerage liberalization is reviewed in this paper in order to discuss the potential for market creation and private sector involvement in this sector. The analysis is framed in the quot;policy roadmapquot; developed by regulatory...
Persistent link: https://www.econbiz.de/10012728587
contrast, for-profit chains have made few inroads in other countries. The literature on hospital ownership addresses three …. Reasons involve: transactions costs of various ownership forms; fiduciary relationships between patients and providers; public … various ownership forms must provide a partial explanation for observed patterns of hospital ownership. There is a rich …
Persistent link: https://www.econbiz.de/10014024184
Persistent link: https://www.econbiz.de/10011586184
This report is concerned with the analysis of privatization and private sector development for the eastern and … development and, to a greater or lesser extent, privatization of stateowned assets. However, there is a great deal of … divided into two groups: one, including Algeria, Libya, and Syria, where reforms promoting privatization and private sector …
Persistent link: https://www.econbiz.de/10010326585
spite of a wave of crises and recessions in the late 1990s and early 2000s). Privatization has made a great deal of progress … somewhat. One of the main lessons for privatization policy makers in MENA countries from the experience in other regions is …
Persistent link: https://www.econbiz.de/10011430885
spite of a wave of crises and recessions in the late 1990s and early 2000s). Privatization has made a great deal of progress … somewhat. One of the main lessons for privatization policy makers in MENA countries from the experience in other regions is … ; Privatization ; Business climate ; Middle East ; North Africa ; Latin America ; Post-communist ; Central and Eastern Europe …
Persistent link: https://www.econbiz.de/10009427139
This report is concerned with the analysis of privatization and private sector development for the eastern and … development and, to a greater or lesser extent, privatization of stateowned assets. However, there is a great deal of … divided into two groups: one, including Algeria, Libya, and Syria, where reforms promoting privatization and private sector …
Persistent link: https://www.econbiz.de/10009627592
remaining in samples when estimating the effects of privatization or other ownership changes. We also show that one needs to …-oriented issue of why a large number of efficient firms disappeared during mass privatization in a booming economy of Montenegro …. Econometrically, we present the first study to look at firms that disappeared during a mass privatization transition, improving upon …
Persistent link: https://www.econbiz.de/10010226663