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Privatization in Competitive Sectors
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The paper reviews recent evidence on the impact of privatization. It focuses on traditional privatization efforts involving firms in competitive markets. It sho
Privatization in Competitive Sectors
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The paper reviews recent evidence on the impact of privatization. It focuses on traditional privatization efforts involving firms in competitive markets. It sho
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The privatization of large state-owned enterprises is one of the most radical policy developments of the last quarter century. Right-wing governments have priva
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Electricity, natural gas, telecommunications, railways, and water supply, are often vertically and horizontally integrated state monopolies. This results in wea