The wave of infrastructure privatizations is now sweeping the globe. Whether this privatization wave will lead to lasting welfare gains or is just part of a historical cycle of privatization and nationalization is not yet clear. The answer will depend on whether governments can find competitive solutions to the provision of infrastructure services. This Note traces the causes of nationalizing infrastructure, describes the privatization-nationalization...
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1994/11/30
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16975
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2017/12/28
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Disclosed
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Back to the future : the potential in infrastructure privatization
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Finance & Private Sector Development
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