Foreword to Privatization: Successes and Failures
Working Paper #135
This is a foreword to IPD's volume on privatization which brings together some of the world’s foremost experts on the subject of privatization, presenting a comprehensive overview of the issues as well as coverage of specific privatization projects undertaken in different continents, with a sophisticated analysis of the trade-offs involved. It is written not just for academics but also for a far wider audience of policy makers and for all those who want to understand all sides of the privatization debate and want to participate in the search for ways to manage the privatization process to maximize the likelihood of success and enhance sustainable economic growth in developing countries.
About the Author
Initiative for Policy Dialogue (IPD)
Joseph E. Stiglitz is President of the Initiative for Policy Dialogue, and Chairman of the Committee on Global Thought at Columbia University. He is University Professor at Columbia, teaching in its Economics Department, its Business School, and its School of International and Public Affairs. He chaired the UN Commission of Experts on Reforms of the International Monetary and Financial System, created in the aftermath of the financial crisis by the President of the General Assembly. He is former Chief Economist and Senior Vice-President of the World Bank and Chairman of President Clinton’s Council of Economic Advisors. He was awarded the Nobel Memorial Prize in Economics in 2001.