Testing World Bank claims about the benefits of privatisation in Bangladesh

What is it about?

This study examines the results of a tranche of privatisations in Bangladesh the success of which a World Bank report justified further privatisations. In contrast this study found only one privatisation could be clearly denoted successful whereas the others had often failed commercially and had failed to meet broader development goals.

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Why is it important?

The study is a plea for the case for privatisations not to be judged against narrow criteria of neo-classical economics as has predominated in World Bank policies but to pay more attention to broader development goals.