ABSTRACT
Confl icts of interest and corruption may explain the failure of privatisations. Stiglitz states (2002, 58): “Perhaps the most serious concern with privatization, as it has so often been practiced, is corruption.”
Confl icts of interest and corruption may explain the failure of privatisations. Stiglitz states (2002, 58): “Perhaps the most serious concern with privatization, as it has so often been practiced, is corruption.”