Privatization: Keep the state out of business
Countries privatizing today have a huge advantage as a result of the experience gained during the past 15 years or so. “And those countries that don’t get it right today simply haven’t done enough to capitalize on this knowledge base,” says Roger Leeds of the Johns Hopkins School for Advanced International Studies in Washington. So, what are the seminal lessons?
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Successful privatizers face entrenched opposition to reform.
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