June 2013
Intermediate to advanced
406 pages
14h 46m
English
An Alternative to the Partial PrivatizationProcesses in Italy and Norway
Market reforms such as privatization are often put in place with the aim of improving economic efficiency, reducing the role of the state and increasing the degree of private sector competition. These reforms are expected to have a positive effect on the local economy (Megginson and Jeffry, 2001). However, the measure of the success of privatization is often very narrow (Kikeri and Nellis, 2001). In fact, concerns have been raised in many cases about the privatization process in terms of the effective provision/production of services and accountability to citizens. Moreover, in many countries (e.g., Italy and Norway), ...