The paper reviews recent evidence on the impact of privatization. It focuses on traditional privatization efforts … involving firms in competitive markets. It shows that privatization improves firms' financial and operating performance, yields … collecting taxes from privatized firms), and improves overall welfare. The popular view that privatization always leads to …

The paper reviews recent evidence on the impact of privatization. It focuses on traditional privatization efforts … involving firms in competitive markets. It shows that privatization improves firms' financial and operating performance, yields … collecting taxes from privatized firms), and improves overall welfare. The popular view that privatization always leads to …

This paper empirically investigates the relationship between privatization and measures of fiscal and macroeconomic … performance. One of the main findings is that privatization proceeds transferred to the budget tend to be saved. Specifically …. However, by construction, this part of the study is restricted to privatization proceeds transferred to the budget, leaving …

Privatization has been a key element of structural reform in many developing and transition economies during the last … decade. This paper examines the fiscal and macroeconomic issues involved in the privatization of nonfinancial public … enterprises in these economies. It considers issues such as the factors determining the proceeds from privatization and the amount …