Skip to main content

Publicly subsidized privatization: a simple model of dysfunctional privatization

Buy Article:

$53.17 plus tax (Refund Policy)


This paper points out the limitations of the privatization programme in Bangladesh, with particular reference to the debt-default status of privatized firms. First, detailed analysis of the debt-default status of privatized firms is presented using data obtained from the central bank. Secondly, a simple model of dysfunctional privatization is constructed to show that perverse outcomes of privatization are possible. The experience of developing economies, such as Bangladesh, lends credence to the results of this model. Finally, various types of privatization are classified following Bhagwati's (1982) typology of directly unproductive profit-seeking activities.

Document Type: Research Article


Publication date: October 10, 2000

More about this publication?

Access Key

Free Content
Free content
New Content
New content
Open Access Content
Open access content
Partial Open Access Content
Partial Open access content
Subscribed Content
Subscribed content
Free Trial Content
Free trial content
Cookie Policy
Cookie Policy
Ingenta Connect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more