Back to the Future - The potential in infrastructure privatization
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Back to the Future - The potential in infrastructure privatization
Michael klein and Neil roger

The wave of infrastructure privatization that swept Chile, New Zealand, and the United Kingdom in the 1980s is now sweeping the globe. At least 300 infrastructure privatizations and greenfield projects have been en since 1989-mostly in Lath America, East Asia, and selected OECD economies. The momentum is driven by disenchantment with state provision, precarious government finance and now technology. Whether this privatization wave will lead to lasting welfare gain or is just part of a historical cycle of privatization and nationalization is not yet clear. The answer will depend on whether governments can find competitive solutions to the provision of infrastructure services...

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