A recent study examining privatization results in four Sub-Saharan African countries yielded two broad conclusions: First, privatization is not easy to do, and getting it right can be tough in low-income...
This booklet presents a summary of Welfare Consequences of Selling Public Enterprise, the first comprehensive empirical study to measure the effects of divestiture on sellers, buyers, consumer surplus...
This booklet presents a summary of Welfare Consequences of Selling Public Enterprise, the first comprehensive empirical study to measure the effects of divestiture on sellers, buyers, consumer surplus...
This publication is the first comprehensive empirical study of divestiture to measure its effects on sellers, buyers, consumers, workers, and competitors. The study measures changes in producer and consumer...
Appropriate regulation means maximizing the benefits from removing market failures in relation to the costs of government intervention. Monopoly markets fail because of both allocative and cost inefficiencies...
This booklet presents a summary of Welfare Consequences of Selling Public Enterprise, the first comprehensive empirical study to measure the effects of divestiture on sellers, buyers, consumer surplus...
Performance evaluation is not a simple task in private enterprises and it is all the more complicated in public enterprises. This paper emphasizes three main points: (a) a public enterprise must be evaluated;...
Public divestiture is the transfer of enterprises from government to private ownership. This paper studies the divestiture decision by focusing on the various values of the public enterprise. The problem...