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In the early 1990’s, when I started my career as a business journalist, privatisation meant the sale of state assets and was usually associated with the structural adjustment programmes advanced by the International Monetary Fund (IMF) and the World Bank.
An April 2016 IMF working paper, authored by Kevin Greenidge, Meredith Arnold McIntyre, and Hanlei Yun, and titled Structural Reform and Growth: What Really Matters? Evidence from the Caribbean places privatisation among a general package of structural reforms that underpinned the policy advice and conditionalities of adjustment programmes implemented by the IMF and the World Bank in the 1980s and 1990s.
This reform package included:
Business
Finance
Politics
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