ABSTRACT
This concluding review seeks to offer brief comments on the issues highlighted in the preceding papers. My basic working paper covered monitoring of privatization in full detail and George Yarrow has raised many fundamental questions on the regulation of privatized enterprises. Anthony Bennett went into the technical aspects of accounting from the angle of establishing efficient systems of monitoring and regulation. His comments should be of special interest to developing countries where inadequacies of data and analytical techniques are rather serious. The country papers provide a broad spectrum of what is happening in select countries, characterized by different socio-economic systems, in the areas of monitoring and regulation. The UK experience, captured synoptically in Chapter 9, demonstrates how wrong it is to assume that the regulation of privatized enterprises is either simple or unnecessary. The different sections of that chapter reflect the large variety of regulatory problems.
