Description
The Right Privatization explores the nuanced dynamics of how private sector participation in public initiatives can succeed or fail based on government capacity. Sergio G. Lazzarini argues that privatization is not a one-size-fits-all solution and that the quality of government institutions fundamentally shapes outcomes.
Drawing on extensive research and case studies, the book demonstrates that private firms operating in public sectors need strong regulatory frameworks, transparent governance, and capable state actors to function effectively. Rather than advocating for minimal government, Lazzarini shows how strategic government involvement enhances private sector performance in infrastructure, utilities, and social services.
This groundbreaking work challenges ideological debates about privatization by providing empirical evidence that public-private partnerships thrive when governments have the institutional capacity to manage, monitor, and regulate private actors. Essential reading for policymakers, business leaders, and scholars.
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