Privatization: Third World Moves Slowly

Introduction

There have been repeated claims in recent years about a dramatic shift toward free markets in less developed countries. But so far the figures do not back up the rhetoric. In fact, international lenders are now putting less pressure on Thrid World countries to privatize state-owned enterprises. Dogma is on the wane with both the lenders and the developing countries, and the watchwords of the late 1980s are pragmatism and reform.

locked icon

Sign in to access this content

Get a 30 day FREE TRIAL

  • Watch videos from a variety of sources bringing classroom topics to life
  • Read modern, diverse business cases
  • Explore hundreds of books and reference titles