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Published in:
1997 | OriginalPaper | Chapter
Comment on the Methods of Privatization: Politico-Economic and Historical Issues
Author : Uwe Siegmund
Published in: Privatization at the End of the Century
Publisher: Springer Berlin Heidelberg
Included in: Professional Book Archive
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Klaus M. Schmidt and Monika Schnitzer have written an excellent paper that summarizes the pure theoretical and applied literature on methods of privatization and tries to compare their relative advantages using a normative approach: “What method of privatization should [a government] use if it wants to achieve an efficient allocation of ownership rights and generate as much revenue as possible?” (1997, p. 97).