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Autoren: 
Schindele, Ibolya
Datum: 
2003
Schriftenreihe/Nr.: 
Nota di Lavoro No. 2.2003
Zusammenfassung: 
This paper discusses the most important theoretical contributions to the literature on privatization, focusing on emerging economies, and gives a summary on recent research concerning the ways privatization might affect the development of securities markets. In addition, the paper provides a number of policy implications, emphasizing the trade-off between privatization and the reduction in social welfare and the possibility that the privatization process itself may have conflicting objectives (creation of incentive mechanisms, fairness, fast privatization).
Schlagwörter: 
Privatization
Emerging economies
Social welfare
JEL: 
L33
P31
Dokumentart: 
Working Paper

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