The paper reviews recent evidence on the impact of privatization. It focuses on traditional privatization efforts involving firms in competitive markets. It shows that privatization improves firms' financial and operating performance, yields positive fiscal and macroeconomic benefits (proceeds are saved rather than spent, transfers decline, and governments start collecting taxes from privatized firms), and improves overall welfare. The popular view...
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INFORMATION
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2002/06/30
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Document de travail de recherche sur les politiques
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WPS2860
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1
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1
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2010/07/01
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Privatization in competitive sectors : the record to date
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Privatization
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