It has done little to tackle the rudimentary problem in Russia's agricultural sector -- namely the absence of institutionalized ownership of land -- and has likely retarded the privatization process.

CENTERFORSECURITYPOLICY: Center For Security Policy

On the economic front, the reinsertion of Peru into the international financial community was achieved due, in large part, to the process of privatization.

CENTERFORSECURITYPOLICY: Fujimori: The other side of the story

The process of privatization began in 1997 and in 2004 (nearly four years ahead of schedule), and the company eventually terminated its corporate ties to the federal government.

FORBES: Magazine Article

That was only after National Express Group, a publicly traded British firm specializing in airport privatization, waded through the three-year bid process and an achingly slow review by the state.

FORBES: Grounded