VOL. XL

No. 15

14-April-1997

PUBLICATION RECEIVED

The Privatization Challenge: A Strategic, Legal, andInstitutional Analysis of International Experience by Pierre Guislain. Published by TheWorld Bank, 1818 H Street, N.W., Washington, D.C. 20433 USA. Tel: 202-477-1234. Fax:202-477-6391. 1997, 399pp.

The term "privatization," according to PierreGuislain, can have different meanings. At one level, he says, "it refers to theprivatization of a public enterprise, whether through divestiture or other...