摘要:This report argues that privatization and equity market development are inextricably linked and mutually reinforcing. It illustrates the effects of privatization on the emerging equity markets for: developing countries which are experimenting with privatization; transition economies which are beginning case-by-case privatization and are seeking maximum revenue from privatization; and countries seeking to privatize large, strategic enterprizes.; The report examines investment opportunites that deepen existing stock markets, discusses the relationship between privatization and telecommunications, and illustrates new and broader types of investor participation.
