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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.