Establishing a linkage between privatization and development is becoming increasingly important to decision-makers, economists, and political scientists. This book links privatization as an economic, political, and social phenomena with participation, decentralization, and development. It shows that privatization has rarely lived up to the ideal of generating sustainable development. In Part 1 the author looks at the relationship between privatization and development in theory and practice while in Part 2 the case of Jordan highlights the difficulties decision-makers face in implementing privatization.List of Maps - List of Tables - List of Figures - Foreword - Preface - Acknowledgements - Introduction: Privatization and Development from a Holistic Perspective - PART 1: PRIVATIZATION AND DEVELOPMENT: THEORY AND PRACTICE - The Role of the State in Development - Public vs Private Ownership: The Economic Rationale for Privatization in Developing Countries - Review of the Empirical Evidence on Privatization in Developing Countries - Privatization, Decentralization, Participation, and Development - PART 2: THE CASE OF JORDAN - Privatization in Jordan - Privatization, Decentralization, Participation, and Development in Jordan - Policy Framework: Necessary Ingredients for Successful Reforms - Notes - References - Index