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Privatization: Successes and Failures Page 228 (252 of 255)
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228 INDEX
Russia, ix–x, 25; private sector share Singapore, 203
of, 85t; transition strategies, 81, Singh, M., 193–94
82–83, 89, 90 Sirtaine, S., 156
Rwanda, 113t SIRTI, 36
Sithe Energies, 162
Saal, D., 58–59 Slovakia, 84, 85t
Sachs, J., 80, 82, 83, 84, 91 Slovenia, 83, 85t
sales, CEE and CIS, 95 Smith, Adam, xi–xii, 10
Salinas administration, Mexico, 136, social cost of reform, Latin America,
141 158–59
Sanchez de Lozada administration, social welfare, 22–23
Bolivia, 144 Societé Générale de Belgique, 44
sanitation services, 58, 145, 162 Societé Nationale d’Investissement
São Tome and Principe, 113t (SNI), 44
Sappington, D., xii, 23 soft budget constraints, 18, 19–20,
SAUR International, 162 201–2, 208, 209–10
Scheinkman, J. A., 86–88 South Africa, 112, 113t, 114f
Schiller, C., 91–92 South Asia, 170–98; competition,
Schmidt, K., 17 172, 189–90; economic
Seaga administration, Jamaica, 146 characteristics, 176t; economic
Sekkat, K., 19 reforms, 171, 175, 177–79;
SEMAPA, 159 effi ciency effects, 172, 187–89;
Senegal, 113t, 114f historical context of state
sequencing, of privatization: CEE and ownership, 170–71, 173–75;
CIS, 4, 78, 85–89, 93; new infrastructure industries, 194–96;
emphasis on, 210–11. See also labor issues, 172, 193–94; politics
gradual privatization; mass and patronage and, 171–72,
privatization 185–87; progress in, 179–85,
service sector: Africa, 115f, 116t; 180–81t. See also specifi c countries
Nicaragua, 147; Western Europe, Southern Energy, 162
39f sovereign funds, xiii
Shapiro, C., 16–17 Soviet Union. See Commonwealth of
share issue privatizations (SIPs), Independent States (CIS); Russia
international, 55 Spain: control type, 68t; fi nancial and
shareholders: economic theory and operating performance, 59;
shareholder maximization, xi–xii; fi nancial market development, 52,
government objectives and, 22 53t, 54; percentage of capital sold,
Shirley, M., 118 63t; privatization trends and
Shleifer, A., 13, 23–24, 188, 189 revenues, 36, 37, 38f, 40, 41, 46,
Sierra Leone, 113t 46f, 50; size of SOE sector, 42t, 43,
Simon, Herbert, xi 44
