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1 results

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

  • Sergio G. Lazzarini
  • Book:
    The Right Privatization
    Published online:
    31 March 2022
    Print publication:
    07 April 2022, pp 165-186

  • 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.