Download or read book Making a Market written by Nemat Shafik and published by World Bank Publications. This book was released on 1993 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: The mass privatization scheme put information about enterprise values in the public domain by allowing increasingly informed bidders to interact. This quickly differentiated enterprises with favorable prospects from those with unfavorable prospects. The design of the program served the objectives of speed and equity more than those of corporate governance.