Privatization of State-Owned Enterprises: A Summary of Experience
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This brief analyzes the privatization of state-owned enterprises (SOEs) around the world over the past 40 years, assesses the lessons learned, and outlines a series of steps to ensure the success of future government sales.
Tracing key trends, it explains why governments divest SOEs, explores the results, and considers why full privatization may not always be the best solution for underperforming enterprises. It considers how to balance public and private funding with consumer equity and affordability, and explains why strengthening governance, building institutional capacity, and weeding out corruption is essential to effectively coordinate privatizations.