Background Report on Private Sector Development in Latin America, the Post-Communist Countries of Europe and Asia, the Middle East and North Africa

Piotr Kozarzewski, Richard Woodward and Mehdi Safavi

No 434, CASE Network Studies and Analyses from CASE-Center for Social and Economic Research

Abstract: After a long period in which state-led development was the dominant economic paradigm, since the 1980s private sector development has been the focus for economic policy makers. It is probably no coincidence that economic growth, stagnant for a few decades in much of the developing world, took off in the 1990s after this policy shift, and has generally remained high (in spite of a wave of crises and recessions in the late 1990s and early 2000s). Privatization has made a great deal of progress in the developing world, particularly in Latin America, though the Middle East and North Africa (MENA) have lagged somewhat.

Keywords: Private sector; Privatization; Business climate; Middle East; North Africa; Latin America; Post-communist; Central and Eastern Europe (search for similar items in EconPapers)
JEL-codes: L32 L33 L50 O16 O17 P33 (search for similar items in EconPapers)
Pages: 45 pages
Date: 2012
New Economics Papers: this item is included in nep-ara
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:sec:cnstan:0434

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