Privatization Methods and Economic Growth *

  title={Privatization Methods and Economic Growth *},
  author={John Bennett and Brunel University and Saul Estrin},
In low-income countries privatization, if implemented appropriately, may play an important role in generating growth. Using data recently available from Central and Eastern Europe, we therefore investigate the impact of alternative methods of privatization on economic growth. Our analysis suggests that the use of conventional privatization methods to match owners with firms can be inefficient in economies with underdeveloped capital markets, particularly if wealth is poorly correlated with… CONTINUE READING

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