Electricity, natural gas, telecommunications, railways, and water supply, are often vertically and horizontally integrated state monopolies. This results in wea

The privatization of large state-owned enterprises is one of the most radical policy developments of the last quarter century. Right-wing governments have priva

To date, the record of economic transition has decidedly been mixed. The worldwide political climate is still in favor of economic reform and the process contin

...the relationship between employment growth and output growth...is greatly affected by the functioning, efficiency and institutional structure of the labor ma

Using the tools of social cost-benefit analysis, Florio assesses the effect of privatization on consumers, taxpayers, firms, shareholders, and workers.