Beyond privatization: A fresh approach and new tools for state-owned enterprise reform

Multiple instruments can be deployed to improve market performance and outcomes in sectors with SOE presence, and privatization is only one of them. To support governments in navigating the complexities of SOE reform, the World Bank has introduced two innovative tools: A new taxonomy to distinguish the type of sectors and rationale for state ownership and A new toolkit to design and sequence SOE reforms toward private-sector-led growth.