PRIVATIZATION AND NATIONALIZATION CYCLES

Privatization and Nationalization Cycles

This paper studies the cycles of nationalization and privatization in resource-rich economies as a prime instance of unstable institutional reform. We discuss available evidence on the drivers and consequences of privatization and nationalization, reviewing the existing literature and presenting illustrative case studies. This leads to the main contribution of the paper: a static and dynamic mo...

Against the mainstream: Nazi privatization in 1930s Germany1

Nationalization was particularly important in the early 1930s in Germany.The state took over a large industrial concern, large commercial banks, and other minor firms. In the mid-1930s, the Nazi regime transferred public ownership to the private sector. In doing so, they went against the mainstream trends in western capitalistic countries, none of which systematically reprivatized firms during ...

The De-nationalization and Re-nationalization of the Life Sciences in China: A Cosmopolitan Practicality?

Stem cell research and synthetic biology offer complementary insights on the nature of scientific governance in China. Stem cells were essentially promoted by top-down semi-governmental initiatives. Yet it was through a process of 'de-nationalization' (in which a diversity of cross-border communications initiated by scientists effaced the dominance of a singular national voice) that China's ste...

“Purús Song”: Nationalization and Tribalization in Southwestern Amazonia

Performance measurements and impacts of privatization Performance measurement in emerging markets: Control privatization versus revenue privatization