Privatization survey for developing countries

Its definition varies from country to country, as do the policy and economic regimes in which privatization takes place. Information is difficult to verify and sometimes conflicts with other sources. The significance of a given privatization is also difficult to quantify. A transaction involving relatively few assets in one country could possibily reflect policy changes that will have a more lasting impact on future economic development than a more extensive program would have in another country. This survey of privatization in the Third World defines a completed privatization transaction as a process in which a government moves from a majority to a minority share in an enterprise. Countries are presented alphabetically, by geographic region, (Asia and the Near East, sub-Saharan Africa, and Latin America and the Caribbean). For each country, the survey provides a overview of privatization, briefly describes contributions of A.I.D."s Center for Privatization, and details completed privatization transactions in terms of economic sector, type of enterprise, specific privatization activity (private sale, public share offering, sale, management contract, lease, liquidation, management/employee buyout, privatization plan/study, restructuring, and/or commercialization), and other relevant information. Special emphasis is placed on privatization activities of A.I.D.