ABSTRACT

This chapter suggests that privatization viewed as the sale of an enterprise and reviews the international performance measurements made for such sales. It shows that a better picture of the evidence on the performance of government enterprises when they are sold to the private sector. Some references directly relating to the performance of privatization as the sale of enterprises were identified, along with a further relevant general reviews and discussions of the effectiveness of relationships between public and private sector business. A closer look was then made at these references, all of which were listed as potential sources of empirical evidence on the effectiveness of enterprise sales. Reports on the effectiveness of privatization as the sale of enterprises were found over the period 1980 to 1995, and covered a range of industry sectors. Most of these studies reviewed privatizations from the United Kingdom.