"The paper analyzes governments' tradeoff between fiscal benefits and consumer surplus in privatization reforms of … noncompetitive industries in developing countries. Under privatization, the control rights are transferred to private interests so … developing countries, tight budget constraints imply that privatization may be optimal for low profitability segments. For highly …

during privatization of noncompetitive sectors. Privatization transfers control rights to private interests and eliminates …, where budget constraints are tight, privatization and price liberalization may be optimal for low profitability industries …

The paper analyzes governments' tradeoff between fiscal benefits and consumer surplus in privatization reforms of … noncompetitive industries in developing countries. Under privatization, the control rights are transferred to private interests so … developing countries, tight budget constraints imply that privatization may be optimal for low profitability segments. For highly …

The paper analyzes governments' tradeoff between fiscal benefits and consumer surplus in privatization reforms of … noncompetitive industries in developing countries. Under privatization, the control rights are transferred to private interests so … developing countries, tight budget constraints imply that privatization may be optimal for low profitability segments. For highly …

during privatization of noncompetitive sectors. Privatization transfers control rights to private interests and eliminates …, where budget constraints are tight, privatization and price liberalization may be optimal for low profitability industries …