How Governments Privatize Solomon H. Snyder Institutional stewardship

Institutional stewardship

Faith in regulated markets and the burden of rising welfare costs are concerns found on both sides of the Atlantic

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How Governments Privatize Solomon H. Snyder Institutional stewardshipGovernments throughout the world confront enormous challenges when divesting. Whether it is poor performing bank loans in Japan and Korea, military bases in the United States, or real estate in eastern Europe, the challenge of public divestment is more than just a question of how to map a path to economic efficiency. Conventional wisdom in public management and privatization literature says that the execution of such enormous tasks as divestment is