This book looks inside a range of privatization reforms to examine the dynamics, processes, and relationships at the local level that enable and hinder the realization in practice of the mechanisms that are presumed to function in theory. Each chapter opens up the proverbial black box of policy to explain how and why different forms of privatization function, or fail to function, as intended. But beyond an analysis of privatization in practice, each chapter—and the book overall—looks at the dialectical relationship between global-local dynamics. Each case study works together with the overarching conceptual framework that guides the book to highlight the ways that global reform trends not only influence local privatization practices, but also the ways that these local practices connect with the forces of globalization to feed back into global reform patterns. In total, the book looks at eight different emerging and established forms of privatization across nine different country contexts in three world regions.