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Privatization in South Asia

Working Paper #109

Nandini Gupta

Paper  206kb pdf

In the last decade, governments worldwide have raised over $1 trillion from the sale of state-owned enterprises. However, the South Asian economies of Bangladesh, India, Pakistan, and Sri Lanka have been slow to divest from government-owned firms. Revenues raised from privatization between 1991 and 1999 totaled just $11.9 billion in South Asia. In contrast, Latin America raised over $177 billion over the same period. In this paper we discuss the privatization process in South Asia with a focus on India, the largest economy in the region.

About the Author

Nandini Gupta
Assistant Professor of Finance
Kelley School of Business, Indiana University

Publication Information

Type Working Paper
Program Privatization
Posted 11/01/06
Download 206kb pdf
# Pages 43