Background Report on Private Sector Development in Latin America, the Post-Communist Countries of Europe and Asia, the Middle East and North Africa
Centre for Social and Economic Research (CASE); University of Edinburgh - Business School
University of Edinburgh Business School
WSB-NLU; Institute of Political Studies, Polish Academy of Sciences; CASE - Center for Social and Economic Research
CASE Network Studies and Analyses No. 434
After a long period in which state-led development was the dominant economic paradigm, since the 1980s private sector development has been the focus for economic policy makers. It is probably no coincidence that economic growth, stagnant for a few decades in much of the developing world, took off in the 1990s after this policy shift, and has generally remained high (in spite of a wave of crises and recessions in the late 1990s and early 2000s). Privatization has made a great deal of progress in the developing world, particularly in Latin America, though the Middle East and North Africa (MENA) have lagged somewhat.
Number of Pages in PDF File: 45
Keywords: private sector, privatization, business climate, Middle East, North Africa, Latin America, post-communist, Central and Eastern Europe
JEL Classification: L32, L33, L50, O16, O17, P33working papers series
Date posted: February 18, 2012 ; Last revised: March 6, 2012
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