Privatization, Social Impact, and Social Safety Nets /

Privatization promotes economic efficiency and growth, thereby reinforcing macroeconomic adjustment. In the short run, however, it can lead to job losses and wage cuts for workers and higher prices for consumers. This paper discusses these impacts and the fiscal implications of privatization. It the...

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Bibliographic Details
Main Author: Gupta, Sanjeev
Other Authors: Ma, Henry, Schiller, Christian
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1999.
Series:IMF Working Papers; Working Paper ; No. 1999/068
Online Access:Full text available on IMF