Privatisation An Exegesis of Key Ideas

Privatisation: An Exegesis of Key Ideas Sumit K Majumdar Gautam Ahuja Big-bang, or mass privatisation, does not appear to be feasible for most transition economies. Therefore, the issue of sequencing in privatisation acquires policy importance. An efficiency-based logic which prioritises privatisation of enterprises likely to post largest improvements in performance, can help reduce investor uncertainty, and enhance state credibility by indicating the presence of a government in control of the process.