Introduction to \"Privatization: Successes and Failures\"

Gerard Roland
Privatization of large state-owned enterprises has been one of the most radical new policies of the last quarter century. While many countries had engaged in large nationalization programs during the decades following World War II, Margaret Thatcher initiated a policy swing in the other direction in the 1980s by pushing for aggressive privatization of many of the large state-owned British firms. In the following two decades, privatization policies were implemented throughout the planet, as both...
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