...Patricia Bachiller Purpose Despite the vast literature on privatization, the relationship between change of ownership and performance is not clear. The purpose of this paper is to understand why divergences are found between the empirical results of papers analyzed. Design/methodology/approach...

...Patricia Bachiller Purpose The purpose of this paper is to analyze the impact of privatization on the efficiency of five of the biggest Spanish state‐owned companies: Repsol, Iberia, Endesa, Telefónica and REE, which enjoy monopoly status in sectors like energy, telecommunications and air...

...Arthur Jay Klinghoffer Cuba’s “Special Period”, launched in 1990, was a reform program aimed at reversing the economic deterioration associated with the rapid disintegration of the Comecon trading bloc. It featured the attraction of foreign investment and tourism, privatization, currency reform...