Privatization : Trends and Recent Developments

This paper takes stock of recent privatization trends, examines the extent to which government ownership is still prevalent in developing countries, and summarizes emerging issues for state enterprise reform going forward. Between 1990 and 2003, 120 developing countries carried out nearly 8,000 priv...

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Bibliographic Details
Main Authors:	Kikeri, Sunita, Kolo, Aishetu Fatima
Format:	Policy Research Working Paper
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	ACCOUNTING ASSET MANAGEMENT ASSET MANAGEMENT COMPANIES ASSET SALES AUCTIONS BANK PRIVATIZATION BANKING SECTOR BANKING SYSTEM BANKRUPTCY BANKS CAPITAL MARKET CAPITAL STOCK CASE-BY-CASE PRIVATIZATION COLLATERAL COMMERCIAL BANKS COMPANY COMPETITIVE SECTOR COMPETITIVE SECTORS CONCESSION AGREEMENTS CONCESSION CONTRACTS CONGLOMERATES CONTRACT RENEGOTIATIONS CORPORATE GOVERNANCE CORPORATIONS DEBT DEBT-EQUITY DIRECT INVESTMENT DIVESTITURE DOMESTIC STOCK MARKET EFFICIENCY GAINS EMPLOYMENT ENTERPRISE RESTRUCTURING ENTERPRISE SECTOR EQUITY SWAPS EXECUTIVE DIRECTORS FINANCIAL CRISIS FINANCIAL DISTRESS FINANCIAL PUBLIC ENTERPRISES FINANCIAL SECTOR FINANCIAL SERVICES FIRM PERFORMANCE FISCAL DEFICIT FOREIGN ASSETS FOREIGN COMPETITION FOREIGN INVESTMENT GLOBAL PRIVATIZATION GOVERNMENT OWNERSHIP GOVERNMENT REVENUES GROSS PROCEEDS HOUSING IMPACT OF PRIVATIZATION INCUMBENT OPERATOR INDUSTRIAL SECTOR INFRASTRUCTURE PRIVATIZATION INFRASTRUCTURE SECTORS INFRASTRUCTURE SERVICES INSURANCE INSURANCE COMPANIES INTERNAL GOVERNANCE INTERNATIONAL MARKET INVENTORY INVESTMENT CAPITAL INVESTMENT IN PRIVATIZATION INVESTMENT PROMOTION LABOR FORCE LARGE ENTERPRISES LATIN AMERICAN LAYOFFS LIQUIDATION MANAGEMENT CONTRACTS MARKET DISCIPLINE MARKET ENVIRONMENT MARKET STRUCTURE MASS PRIVATIZATION MONOPOLIES NATIONALIZATION NET PROCEEDS NONBANK FINANCIAL INSTITUTIONS NONPERFORMING LOANS NORTH AFRICA NUMBER OF ENTERPRISES OWNERSHIP DIVERSIFICATION OWNERSHIP STRUCTURE PERFORMANCE OF STATE PRIVATE BUSINESS PRIVATE COMMERCIAL BANKS PRIVATE ENTRY PRIVATE FIRMS PRIVATE INVESTMENT PRIVATE INVESTORS PRIVATE OPERATORS PRIVATE PARTICIPATION PRIVATE PARTIES PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRIVATE SECTOR PARTICIPATION PRIVATIZATION PRIVATIZATION ACTIVITY PRIVATIZATION DATABASE PRIVATIZATION INTERNATIONAL PRIVATIZATION METHOD PRIVATIZATION METHODS PRIVATIZATION OF BANKS PRIVATIZATION POLICIES PRIVATIZATION PROCEEDS PRIVATIZATION PROCESS PRIVATIZATION PROGRAM PRIVATIZATION PROGRAMS PRIVATIZATION REVENUES PRIVATIZATION TRANSACTION PRIVATIZATION TRANSACTIONS PRIVATIZATION TRENDS PRIVATIZATIONS PROCEEDS PROCEEDS FROM PRIVATIZATION PRODUCTIVE ACTIVITY PRODUCTIVITY PUBLIC COMMERCIAL BANKS PUBLIC ENTERPRISES PUBLIC SECTOR PUBLIC SUPPORT REGULATORY CAPACITIES REGULATORY FRAMEWORK REGULATORY FRAMEWORKS SALE OF SHARES SALE PRICE SERVICE DELIVERY SHARE OFFERINGS SHARE SALES SHAREHOLDERS STATE BANKS STATE CONTROL STATE ENTERPRISE STATE ENTERPRISE SECTOR STATE ENTERPRISES STATE FIRMS STATE OWNERSHIP STATE SECTOR STATE SHARES STATE-OWNERSHIP STOCK MARKETS SUB-SAHARAN AFRICA SUBSIDIARY TARIFF INCREASES THE GAMBIA TRANSPORT UTILITIES VOUCHER PRIVATIZATION WATER CONCESSIONS WATER SECTOR
Online Access:	http://documents.worldbank.org/curated/en/2005/11/6399353/privatization-trends-recent-developments http://hdl.handle.net/10986/8494