Sheshinski, Eytan; López-Calva, Luis F. - In: CESifo economic studies : CESifo, a joint initiative of … 49 (2003) 3, pp. 429-459
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...