Privatization has been a key component of structural reform programs in both developed and developing economies. The … theoretical implications: privatization increases profitability and efficiency in both competitive and monopolistic sectors. Full … privatization has a greater impact than partial privatization and monopolistic sectors show an increase in profitability that is …

and legal reasons. There is some hesitation about privatization, as for foreign direct investment, and, where accepted …, about the precise timing. Where privatization of basic service monopolies occurs, the role of the state shifts towards a …