Public policy and administration in an era of privatization

This chapter answers these questions by describing privatization pathways in rich democracies in a rst step, followed by a brief discussion of the results on the driving factors of privatization processes provided by the empirical literature. The subsequent section addresses the privatization trends in developing countries and highlights region-, period-and sector-specic dierences. Furthermore, the factors discussed in the literature to push privatization policies in developing countries are presented. The next section summarizes the main similarities and dierences between rich democracies and developing countries with respect to the pathways and determinants of privatization. A nal section concludes.