How Does Privatization Work?

Anthony Bennett

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English

Routledge
06 November 1997

Economics; Macroeconomics; Privatisation

Series: Routledge Studies in the Modern World Economy

Privatization has been one of the most important elements of public policy in the last decade and there have been massive transfers of ownership from the public to the

private sector on a national and international level. In several countries, however, privatization is associated with corruption, greater concentration of economic power in the hands of elites and higher prices to consumers. How Does Privatization Work? combines thematic papers with country case studies to discuss the mechanisms which have enabled this to occur, and to assess privatization's mixed achievements. The authors, international academics, practitioners and consultants, present general papers on the nature and implications of privatization and follow these with detailed analyses of the process of privatization within individual countries such

as Nigeria, Pakistan, and Great Britain. They examine official policies and statements of intent and expose the shibboleths of privatization. Though sceptical of the claims of those who trumpet privatization as a panacea for all government

problems, the authors make practical suggestions for its improved implementation. If the overall aim is sustainable human development, privatization can work only with the understanding and support of all those affected: industralists,

politicians, civil servants, public enterprise employees, taxpayers and users of public services. This work contributes

to that wider understanding and is essential reading for all these groups.

Edited by: Anthony Bennett
Imprint: Routledge
Country of Publication: United Kingdom
Volume: No.9
Dimensions: Height: 234mm, Width: 156mm, Spine: 21mm
Weight: 680g
ISBN: 9780415170239
ISBN 10: 0415170230
Series: Routledge Studies in the Modern World Economy
Pages: 320
Publication Date: 06 November 1997
Audience: College/higher education , Professional and scholarly , Professional & Vocational , Primary , Further / Higher Education
Format: Hardback
Publisher's Status: Active

Foreword. Preface. General Papers. The Measurement of Privatization and Related Issues. Privatization in Perspective. Banking Privatization: How Compelling is the Case? Does Privatization Privatize the Public Problems? Country Papers. The Impact of Commercialization in Nigeria. Management Buy-out as an Instrument of Privatization in East Germany. Did Privatization in Israel Take Off? A Case of the Curate's Egg: the Political Economy of Privatization in Guyana. Equity Implications of Privatization in Trinidad & Tobago. Privatization in Sri Lanka - An Overview.

Anthony Bennett

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How Does Privatization Work?

Anthony Bennett

$315

Hardback

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