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When to privatize? When to nationalize? A competition for ownership approach

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  • Jean-Jacques Rosa
  • Edouard Pérard

Abstract

Recent history shows that the scope of government varies substantially across countries and through time. Privatization phases alternate with nationalization episodes. The post WWII nationalization policies in Europe gave way to a privatization wave in the 1980s and are now followed by a return to nationalization in the context of the current financial crisis. Copyright © 2010 Blackwell Publishing Ltd.

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  • Jean-Jacques Rosa & Edouard Pérard, 2010. "When to privatize? When to nationalize? A competition for ownership approach," Kyklos, Wiley Blackwell, vol. 63(1), pages 110-132, February.
  • Handle: RePEc:bla:kyklos:v:63:y:2010:i:1:p:110-132
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. Jun Du & Sourafel Girma, 2010. "Red Capitalists: Political Connections and Firm Performance in China," Kyklos, Wiley Blackwell, vol. 63(4), pages 530-545, November.
    2. Marcin Senderski, 2015. "Inhibited privatization: a hurdle race over vested interests," European Journal of Government and Economics, Europa Grande, vol. 4(1), pages 46-66, June.
    3. Stan du Plessis, 2011. "Nationalising South African mines: Back to a prosperous future, or down a rabbit hole?," Working Papers 17/2011, Stellenbosch University, Department of Economics.
    4. Del Bo, Chiara D. & Ferraris, Matteo & Florio, Massimo, 2017. "Governments in the market for corporate control: Evidence from M&A deals involving state-owned enterprises," Journal of Comparative Economics, Elsevier, vol. 45(1), pages 89-109.
    5. Senderski, Marcin, 2015. "Inhibited privatization: a hurdle race over vested interests," MPRA Paper 65482, University Library of Munich, Germany.

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