Description
Summary:An update of the World Bank Group's Privatization Database shows that privatization in developing countries continued to pick up in 2004 and 2005, with 400 transactions worth US$90 billion. Apart from 1997, the 2005 result in nominal terms is the highest since 1990 (when the data start). Transaction values remained concentrated in 10 countries, with 4 new entrants joining the group. The top 10 deals, largely in banking and telecommunications, again accounted for 40 percent of the total.