Privatization and Development

Establishing a linkage between privatization and development is becoming increasingly important to decision-makers, economists, and political scientists. This book links privatization as an economic, political, and social phenomena with participation, decentralization, and development. It shows that privatization has rarely lived up to the ideal of generating sustainable development. In Part 1 the author looks at the relationship between privatization and development in theory and practice while in Part 2 the case of Jordan highlights the difficulties decision-makers face in implementing privatization. Front Matter....Pages i-xvi Introduction: Privatization and Development from a Holistic Perspective....Pages 1-9 Front Matter....Pages 11-11 The Role of the State in Development....Pages 13-34 Public vs Private Ownership: The Economic Rationale for Privatization in Developing Countries....Pages 35-64 Review of the Empirical Evidence on Privatization in Developing Countries....Pages 65-91 Privatization, Decentralization, Participation and Development....Pages 92-124 Front Matter....Pages 125-126 Privatization in Jordan....Pages 127-178 Privatization, Decentralization, Participation and Development in Jordan....Pages 179-210 Policy Framework: Necessary Ingredients for Successful Reforms....Pages 211-221 Back Matter....Pages 222-257