Privatization in an Adverse Institutional Context: The Case of Kosovo

What is it about?

Regarding the effectiveness of privatization, two schools of thought are distinguished: a school in favor of privatization in general and a school that judges the success of privatization to be dependent on the institutional context. This article discusses the arguments of both schools and presents a case study on the privatization processes that did take place in Kosovo. The Kosovo case is a critical case as Kosovo was a post-conflict country with a deplorable institutional setting at the time it initiated the privatization processes. If privatization was successful anyway, this would make for a strong argument in favor of privatization in general.

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Why is it important?

The issues arising from this article are important for policy-makers and international missions considering implementing similar programs to other postconflict countries.