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- W1529371124 abstract "Privatisation, i.e. the transfer of ownership and control of state-owned enterprises, is a worldwide phenomenon. Which political, economic and institutional factors are shaping this process? This paper addresses the issue presenting new evidence from a sample of 49 countries. From an empirical analysis of the period 1977-96, the decision to privatise and the choice of privatisation method appear to be influenced by the governing political majority and public sector budget constraints, while the success of privatisation in terms of revenues and stakes sold requires suitable institutions and developed capital markets." @default.
- W1529371124 created "2016-06-24" @default.
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- W1529371124 date "2000-11-01" @default.
- W1529371124 modified "2023-09-23" @default.
- W1529371124 title "PRIVATISATION AND INSTITUTIONS: A CROSS COUNTRY ANALYSIS" @default.
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