Fiscal and Macroeconomic Impact of Privatization

By Jeffrey M. Davis, Thomas J Richardson, Rolando Ossowski, Steven A Barnett

June 22, 2000

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Jeffrey M. Davis, Thomas J Richardson, Rolando Ossowski, and Steven A Barnett. Fiscal and Macroeconomic Impact of Privatization, (USA: International Monetary Fund, 2000) accessed November 23, 2024

Summary

Privatization has been a key element of structural reform in many developing and transition economies during the last decade. This paper examines the fiscal and macroeconomic issues involved in the privatization of nonfinancial public enterprises in these economies. It considers issues such as the factors determining the proceeds from privatization and the amount accruing to the budget, the uses of proceeds, the impact of privatization on the budget and macroeconomic aggregates, and the privatization component of IMF-supported programs. The empirical evidence draws on case study countries that reflect geographical diversity and are representative of a range of privatization experience in developing and transition economies.

Subject: Budget planning and preparation, Economic sectors, Privatization, Public enterprises, Public financial management (PFM), Public sector, Revenue administration, Tax administration core functions

Keywords: Africa, Asia and Pacific, Budget planning and preparation, Bus firm, Government, OP, Privatization, Privatization proceeds, Privatization process, Privatization receipt, Privatization revenue, Privatization transaction, Proceeds, Public enterprises, Public sector, Tax administration core functions

Publication Details

Pages:

49
Volume:

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DOI:

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Issue:

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Series:

Occasional Paper No. 2000/010
Stock No:

S194EA0000000
ISBN:

9781557758880
ISSN:

0251-6365

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