With rigorous economic research and practical policy solutions, we focus on the issues and institutions that are critical to global development. Explore our core themes and topics to learn more about our work.
In timely and incisive analysis, our experts parse the latest development news and devise practical solutions to new and emerging challenges. Our events convene the top thinkers and doers in global development.
Privatization is contentious, especially when it touches water, electricity and transportation. Privatization impresses most economists and many policy makers, but the wider public fears that it raises prices, creates unemployment and hands over national assets to local elites, corrupt politicians, and foreign corporations. It may be good for the "economy"; it doesn't seem so for people. While the debate has been heated, the social consequences of privatization have not, to date, been extensively studied. From all sides of the debate, assertions and polemics rule the day.
The Center for Global Development, in conjunction with the Inter-American Development Bank, and with generous support from the Tinker Foundation and the Asian Development Bank, examined the impacts of privatization on the poor. Initial findings were presented in a two-day conference in Washington, on February 24-25, 2003. The conference commissioned case studies on Distributional impact of privatization in Bolivia, China, Georgia, Mexico, Russia, Sri Lanka and Ukraine, and offered a venue to similar work conducted in Latin America by the IADB.
Forthcoming paper on privatization's impact in Georgia Presented by Ambassador Kenneth Yalowitz, American and Georgetown Universities, based on a study by Roman Gotsiridze, Director of the Parliamentary Budget Office, Tblisi (Georgia)
Concluding remarks from Navroz Dubash, World Resources Institute, Washington, DC; Stan Gacek, AFL-CIO; Elizabeth Williamson, The Washington Post; and Nancy Birdsall, President of the Center for Global Development