Doing Privatization Right: What It Takes to Maximize Gains in Low-Income Countries
Author: Leroy Jones, Yahya Jammal, Nilgün Gökgür, and Sunita Kikeri Date: 3/13/2008 (PDF, 200KB)
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 countries. Second, if privatization is done right and there is a little luck, it can lead to substantial welfare gains that are reasonably and equitably distributed across stakeholders—consumers, workers, governments, and owners or operators.