Overview

Privatization is under attack. Criticisms run from corrupt deals to abuse of market power and social welfare losses. This title evaluates the empirical evidence on privatization and assess the validity of the raised criticisms relying on recent comprehensive studies from Latin America. Overall, the empirical record shows that privatization leads to increased profitability and productivity, firm restructuring, fiscal benefits, output growth and even quality improvements. Most cases of privatization failure can be linked to poor contract design, opaque processes with heavy state involvement, lack of re-regulation, and a poor corporate governance framework.

Full Product Details

Author:   Alberto Chong ,  Florencio Lopez De Silanes
Publisher:   World Bank Publications
Imprint:   World Bank Publications
Edition:   illustrated edition
Dimensions:   Width: 15.80cm , Height: 2.80cm , Length: 22.60cm
Weight:   0.696kg
ISBN:  

9780821358825

ISBN 10:   0821358820
Pages:   592
Publication Date:   30 April 2005
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   Awaiting stock  
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