Fiscal and Macroeconomic Impact of Privatization

Business & Finance, Economics, Public Finance, Finance & Investing, Banks & Banking, Macroeconomics
Cover of the book Fiscal and Macroeconomic Impact of Privatization by Jeffrey Mr. Davis, Thomas Mr. Richardson, Rolando Mr. Ossowski, Steven Mr. Barnett, INTERNATIONAL MONETARY FUND
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Author: Jeffrey Mr. Davis, Thomas Mr. Richardson, Rolando Mr. Ossowski, Steven Mr. Barnett ISBN: 9781452719054
Publisher: INTERNATIONAL MONETARY FUND Publication: June 22, 2000
Imprint: INTERNATIONAL MONETARY FUND Language: English
Author: Jeffrey Mr. Davis, Thomas Mr. Richardson, Rolando Mr. Ossowski, Steven Mr. Barnett
ISBN: 9781452719054
Publisher: INTERNATIONAL MONETARY FUND
Publication: June 22, 2000
Imprint: INTERNATIONAL MONETARY FUND
Language: English

Privatization has been a key element of structural reform in many developing and transition economies during the last decade. This paper examines the fiscal and macroeconomic issues involved in the privatization of nonfinancial public enterprises in these economies. It considers issues such as the factors determining the proceeds from privatization and the amount accruing to the budget, the uses of proceeds, the impact of privatization on the budget and macroeconomic aggregates, and the privatization component of IMF-supported programs. The empirical evidence draws on case study countries that reflect geographical diversity and are representative of a range of privatization experience in developing and transition economies.

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Privatization has been a key element of structural reform in many developing and transition economies during the last decade. This paper examines the fiscal and macroeconomic issues involved in the privatization of nonfinancial public enterprises in these economies. It considers issues such as the factors determining the proceeds from privatization and the amount accruing to the budget, the uses of proceeds, the impact of privatization on the budget and macroeconomic aggregates, and the privatization component of IMF-supported programs. The empirical evidence draws on case study countries that reflect geographical diversity and are representative of a range of privatization experience in developing and transition economies.

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