The increase in economic disparities over the past 30 years has prompted extensive research on the causes and consequences of inequality both in the United States and, more recently, globally. This review provides an update of research on the patterns and causes of economic inequality in the...

Privatization has been a key component of structural reform programs in both developed and developing economies. The aim of such programs is to achieve higher microeconomic efficiency and foster economic growth, as well as reduce public sector borrowing requirements through the elimination of...