| Author | Bernardo Bortolotti,Domenico Siniscalco |
| Format | Hardcover |
| ISBN | 9780199249343 |
| Publisher | Oxford University Press, Usa |
| Manufacturer | Oxford University Press, Usa |
This book provides the first systematic empirical analysis of privatization processes worldwide to explain how and why governments privatize. Privatization is shown to be a difficult process, shaped by political preferences and budgetary constraints, often pursued in the absence of suitable economics and legal institutions. As a result, in most cases, the process has been partial and incomplete, so that private ownership tends to coexist with public control.
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