Privatization has reached nearly all developing countries, generating more than US$400 billion in proceeds for these countries since 1990.cActivity peaked in 1997 and declined thereafter-but began to pickup again in 2001. Proceeds are concentrated in a small group of countries. And they are increasingly concentrated in a few transactions: the 10 biggest accounted for nearly 40 percent of proceeds in 2000-03, up from 16 percent in the 1990s. These...
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