Privatization Trends
This note is based on a World Bank Group database that uses transaction values as a proxy for measuring privatization trends. It includes only the values resulting from the full or partial sale, concession, lease, or initial public offering of exis...
| Main Authors: | , |
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| Format: | Viewpoint |
| Language: | English |
| Published: |
World Bank, Washington, DC
2012
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2008/01/9064974/privatization-trends http://hdl.handle.net/10986/11158 |
| Summary: | This note is based on a World Bank Group
database that uses transaction values as a proxy for
measuring privatization trends. It includes only the values
resulting from the full or partial sale, concession, lease,
or initial public offering of existing state owned
enterprises or other government assets. An update of the
World Bank Group's Privatization Database shows that
privatizations in developing countries amounted to US$70
billion in 2006 or US$105 billion including two mega Chinese
offerings. Both results beat all previous years in nominal
terms. Contrary to popular perceptions of a slowdown, the
data show that privatization in its various forms continued
in a broad range of countries and sectors, particularly
infrastructure and banking. Initial public offerings were
prominent, especially in China. |
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