ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Efficiency of Privatised Firms-Evidence and Implications

As the debate on the role of public sector enterprises rages in India, it is worthwhile to ask what we might learn from the worldwide experience with privatisation, since this policy has been applied in other countries for some time. Does it work? Under what conditions does it work, and under what conditions does it fail to deliver the goods? How can the competing interest groups be simultaneously satisfied?

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