Abstract

The poor performance of public enterprises can be tackled in a variety of ways, and privatization is not the first to be tried. As mentioned above, previous efforts have involved statutory and administrative measures to control public enterprises. Because these have for the most part been judged unsuccessful, attention is now turning to the possibility of increasing private sector involvement in public enterprises. This can be achieved to different degrees, but it is privatization in the form of denationalization that is attracting the greatest interest.

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