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Chapter 8 - A Roadmap to Privatization (and Its Alternatives)

Published online by Cambridge University Press:  31 March 2022

Sergio G. Lazzarini
Sergio G. Lazzarini
Affiliation:
Insper Institute of Education and Research (Brazil)
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Summary

This chapter outlines potential failures of privatization and presents a sequence of steps to successfully design, implement, and monitor privatization processes. Regarding cases where proposals for offering privatized services face strong opposition and become unfeasible, the chapter also examines how various reform initiatives can lead to better and more effective public organizations, which may also interact with and complement the services of private firms. The chapter concludes by observing that, over time, societies have learned to propose and build on diverse experiences, often exploring multiple paths of improvement where public and private organizations coexist and experiment with plural solutions.

Keywords

failure of privatizationimplementation of privatizationstate-owned enterprisesinstitutional reformWashington Consensusplurality
Type
Chapter
Information
The Right Privatization
Why Private Firms in Public Initiatives Need Capable Governments
 , pp. 165 - 186
Publisher: Cambridge University Press
Print publication year: 2022

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