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This book provides the first systematic empirical analysis of privatization processes worldwide to explain how and why governments privatize. Privatization is shown to be a difficult process, shaped by political preferences and budgetary constraints, often pursued in the absence of suitable economics and legal institutions. As a result, in most cases, the process has been partial and incomplete, so that private ownership tends to coexist with public control.

Product details

Hardcover : 199 pages
Title : Challenges of Privatization, The: An International Analysis
Language : English
ISBN-10 : 199249342
Ranting : 0

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