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Reluctant Privatization

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State Ownership, Political Risk, and Asset Prices

State Ownership, Political Risk, and Asset Prices. Andrea Beltratti, Bernardo Bortolotti and Valentina Milella Milan, 26 January 2007. Motivation. The government plays a fundamental role in most countries. It enjoys broad discretionary powers to tax, spend and regulate economic activity.

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Privatized companies - PowerPoint PPT Presentation

Reluctant Privatization

State Ownership, Political Risk, and Asset Prices