1. Home
  2. Privatization

Privatization: Lessons from Jordan

Jordan’s Privatization Program: The aforementioned privatization transactions substantially strengthened Jordan’s fiscal position. These privatizations generated $2.3 billion in sales proceeds, which were mostly used to buy Paris Club debt in 2008 at a discounted price. By supporting reductions in GOJ debt from 100 percent of GDP in 2000 to 89 percent in 2004 and 60 percent in 2008, the privatizations supported by the Program contributed to macroeconomic stability.

The Impact of Privatization on the Performance of the Infrastructure Sector: The Case of Electricity Distribution in Latin American Countries

The authors analyze the impact of privatization on the performance of 116 electric utilities in 10 Latin American countries. The analysis makes a number of contributions to the literature on changes in infrastructure ownership. First, this is the first systemic analysis of the impact of privatization on the distribution of the electricity sector. Second, it constructs an unbalanced panel data set of key indicators for each country.

Privatization Laws

Privatization Laws: Private Building
Privatization is a transaction or series of transactions by which governments sell off all or part of an interest in a state owned asset.  It is often used in the context of state-owned businesses, which are first converted into corporations and undertake financial and operational restructuring to prepare them for sale.  Privatisation is therefore different from PPP as it is anticipated that public involvement in that particular business will cease or be diminished, as opposed to PPP where the government role continues throughout the PPP and in most cases the asset returns to government control on expiry or termination of the PPP.

完全分拆出售/私有化

完全分拆出售/私有化: Night View Building Line City Beijing Wangjin
完全分拆出售，也被称为私有化，是在将某政府在某公用设施机构或领域中的全部或大部分权益被转移给私营机构时实现的。 经过分拆出售或私有化的公用设施机构或公共服务可以与私营商业企业区分开，因为此类公用设施机构或公共服务中，政府仍保留了一定的间接控制或机制，来对其进行管理，其方式就是向此类机构进行授权，来向公众提供服务。 完全私有化与政府和私营机构之间的部分私有化和合资安排是不同的，因为在后者中，政府仍持有重大权益。如要获得更多信息，请前往合资。 如要了解基础设施私有化的具体分析和例子，请前往世界银行关于基础设施私有化影响的资源。

Full Divestiture / Privatization

Full Divestiture / Privatization: Bridge South America Vasco
Full divestiture, also known as, privatization, occurs when all or substantially all the interests of a government in a utility asset or a sector are transferred to the private sector. A divested or privatized utility or public service is distinguishable from a private commercial enterprise in that the government generally retains some indirect form of control or mechanism for regulation over the privatized utility, in the form of a license granted to the entity to deliver the service to the public.

IJ Infrastructure Investment Guide: Colombia

Region
4
Publication Year
Off
IRT Vehicle
IJ Infrastructure Investment Guide: Colombia bytes
Note from the authors: 
 
Long-standing perceptions of Colombia would perhaps have you believe that it is a country of fantastic natural wealth – in coffee and gold, in agriculture and in oil – but without the clear-headed direction and international clout to truly exploit these riches. Decades of political and economic unrest have led to doubts surrounding the country’s viability as a destination for long-term investment.

Developing Best Practices for Promoting Private Sector Investment in Infrastructure: Ports

Region
2
Publication Year
Off
Document Link
Developing Best Practices for Promoting Private Sector Investment in Infrastruc…

Asian Development Bank (ADB) 2000 - This volume of a five-volume set reviews the various arrangements used throughout the world to transfer public port activities and assets to the private sector. It examines the trend toward terminal concessions and the transition from operating ports to landlord ports, and considers best practice. Appendix 5 includes useful summaries of six basic contractual relationships that can be used to increase private sector participation in the port sector, forms of privatization and the related objectives.

Related Information: 

Winners and Losers: Assessing the distributional impact of privatization (2002)

Region
NULL
Publication Year
Off
Document Link
Winners and Losers: Assessing the distributional impact of privatization (PDF)
Contributor
NULL
 
While most technical assessments classify privatization as a success, it remains widely and  increasingly unpopular, largely because of the perception that it is fundamentally unfair, both in  conception and execution.  We review the increasing (but still uneven) literature and conclude  that most privatization programs appear to have worsened the distribution of assets and  income, at least in the short run.

The Effects of Privatization on Firms and on Social Welfare: The Chilean Case (2003)

Region
4
Publication Year
Off
Document Link
The Chilean Case (PDF)
 
This study analyzes the Chilean privatization process. As it has been a wide-ranging undertaking, we perform an analysis of several industries. After a historic review of the privatization process, we examine the 37 Chilean state-owned enterprises (SOEs) that were privatized from 1981-2000 and for which pre-privatization and post-privatization financial, employment and production data are available.
Subscribe to Privatization