Privatizing Public Enterprises and Foreign Investment in Developing Countries, 1988-93

Foreign Investment Advisory Service Occasional Paper No. 5. Draws on a World Bank database to create a compilation of privatization transactions worldwide and shows how such actions lead to increased levels of foreign investment. The World Bank maintains a global privatization database which records privatization transactions that have taken place in developing countries since 1988. Privatization is defined as the complete or partial transfer of control over publicly owned assets to the private sector in exchange for a payment. This study draws on the database to create a compilation of transactions worldwide and shows how such actions lead to increased levels of foreign investment. It examines the transactions by sectoral distribution, foreign participation, and technique. Also available in French: (ISBN 0-8213-3555-3) Stock No. 13555.Sader, Frank is the author of 'Privatizing Public Enterprises and Foreign Investment in Developing Countries, 1988-93' with ISBN 9780821333624 and ISBN 0821333623.