Delegating to the private sector and privatization

Privatization and other forms of production and management delegation of public sector responsibilities to the private sector is controversial wherever it has been proposed or implemented, even in advanced economies such as France and the UK. Each country is a case study in itself, and only some of the lessons learned from other experiences are generally applicable to the current situation.

The private sector can take part in different schemes including

• Outright sale of a state-owned company or right to• Private public partnerships such as joint stock ownership, management contracts, etc,• Build-Operate-Transfer (BOT) and derivative structures and schemes• Purchase agreements, such as Power Purchase Agreements