Policy Issues on Privatization

Publication | December 1999

Privatization is grounded on the changing roles of governments in the economic development process. The rationale for privatization is that state-owned enterprises could not live up to their development expectations in many countries.

Governments increasingly recognized the need to get out of economic activities that competitive markets could do better, and instead have been focusing more attention on creating an enabling environment for private sector growth.

Additional Details

  • Governance and public sector management
  • State-owned enterprises
  • Private sector development

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