Development Papers, No. 22
"Privatization: A Panacea or a Palliative"
(ST/ESCAP/2122)

Contents

INTRODUCTION

I.	ORIGIN AND GROWTH OF THE SOEs

II.	THE TURN TOWARDS PRIVATIZATION

III.	THE RATIONALE FOR PRIVATIZATION
	1. Economic efficiency
	2. Fiscal balances
	3. Distributional equity

IV.	EVALUATING THE IMPACT OF CHANGES IN OWNERSHIP
	1. Major cross-country studies
	2. Impact on efficiency: Latin American privatization
	3. Employment effects
	4. Fiscal impact
	5. Impact on distributional equity

V.	LESSONS FROM PRIVATIZATION IN DEVELOPING COUNTRIES

Please contact the webmaster with questions or comments about this web site.
For any queries concerning the substantive content of the page, please contact DRPAD homepage.