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INDEX 229
spinoffs, 80 Tanzania, 113t, 114f, 126, 131n6
Sri Lanka, 170, 176t, 190–91 taxes: CEE and CIS, 79; Latin
Srinivasan, T., 174 America, 159–60, 163–64;
state-owned enterprise (SOE) sector: negative lump-sum, xvi; South
33; defi Asia, 174–75; Western Europe, 49, ned, 41; reform of, versus
privatization, 205–11; size of, in 51, 59–60
Western Europe, 41–45; unclear Taylor, M., 89
objectives and ineffi telecommunications sector: Africa, ciencies in,
201–2, 208 115f, 116t, 128; Argentina, 157;
Statoil, 37 Brazil, 144; Chile, 140; Colombia,
Sterlite Industries, 184 145; India, 170, 174, 179, 194–96;
Stiglitz, J. E., xii, xviiin18, 23, 82 Latin America, 152, 152t, 158, 160,
stock effect, of Latin American fi 161–62; Nicaragua, 147; Pakistan, scal
gains, 154, 156 172, 191; Panama, 147; Peru, 148;
stock markets. See fi Western Europe, 36, 37, 39, 39f, nancial markets,
development of 40, 41, 58, 67
stock prices, managerial monitoring Telekom Austria, 37
and, 14–16 Telia Sonera, 37
strategic sales, India, 171, 183–85 Temu, A., 126, 131n6
Subramanian, A., 132n11 Thames Water, 162
Subramanian, S., 51 Thatcher government, United
Sub-Saharan Africa, 34t, 35–36f, 112 Kingdom, ix, 1, 3, 9, 34, 60–61,
subsidies, corruption and, 26 139, 164n2, 199
Sudan, 113t Thornton, J., 18
Suez-Lyonnaise des Eaux, 162 Thum, M., 91
Svejnar, J., 77–78, 80, 81–82, 87, 93, Tirole, J., 14, 15, 17, 18–19, 20,
95, 97n2 22–23
Sweden: control type, 68t; fi Titman, S., 51 nancial
market development, 53t, 54; Togo, 113t
percentage of capital sold, 63, 63t; Toledo administration, Peru, 148–49
privatization trends and revenues, Torrijos administration, Panama,
36, 38f, 39, 46f; size of SOE sector, 148
42, 42t, 43, 44 Torstila, S., 61–62
Swisscom, 36 Total, 37, 40
Switzerland, 38f, 40 total-factor productivity (TFP),
Szafarz, A., 18 93–94
Szomburg, J., 97n3 tourism: Africa, 115f, 116t; Jamaica,
146
takeover mechanisms: contract Tractebel, 162
theory and, 16; economic theory trade industry: Africa, 115f, 116t;
and, xi–xii Western Europe, 39f
