Privatisation is no salvation

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Series Details 23 June 2011
Publication Date 23/06/2011
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Protests continue in Greece as its leaders debate the latest suggestions for dealing with its crippling debt. One proposal is for Greece to privatise several of its assets. This Commentary argues that privatisation is a mirage. If solvency is the problem, privatisation will only make matters worse, especially if it has to be done at distressed prices.

Source Link http://aei.pitt.edu/32093/1/June_DG_Privatisation_is_no_salvation.pdf
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