Beyond Bureaucrats in Business: a critical review of the World Bank approach to privatization and public sector reform

Kate Bayliss and Ben Fine
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Kate Bayliss: Department of Economics, SOAS, University of London, London, UK, Postal: Department of Economics, SOAS, University of London, London, UK
Ben Fine: Department of Economics, SOAS, University of London, London, UK, Postal: Department of Economics, SOAS, University of London, London, UK

Journal of International Development, 1998, vol. 10, issue 7, 841-855

Abstract: This paper provides a critical review of the World Bank Policy Research Report, Bureaucrats in Business, commenting on its position relative to the previous reports in the series and on the new privatization synthesis-the theoretical basis underlying the Bank's approach. The detailed critique focusses on three main areas of the Report: the narrow analytical framework which inevitably supports predetermined conclusions; the selective and biased use of evidence which ignores possible alternative interpretations-particularly the influence of country-specific factors; and the narrow view of industrial policy which leads to inappropriate policy prescriptions. Copyright © 1998 John Wiley & Sons, Ltd.

Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:wly:jintdv:v:10:y:1998:i:7:p:841-855

DOI: 10.1002/(SICI)1099-1328(1998110)10:7<841::AID-JID546>3.0.CO;2-N

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