Privatization in the European Union

Theory and Policy Perspectives

David Parker

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English

Routledge
16 April 1998

EU & European institutions; Privatisation

Economic pressures and technological change are causing governments across Europe to reassess the role of the state in the economy. Privatization and market liberalisation have been embraced by some European Union governments as a way of shaking up sleepy state monopolies, while providing useful government funding at a time when governments need to reduce budget deficits to meet the Maastricht fiscal criteria for a common currency in Europe. This volume features contributions by a selection of international experts on privatization in the major European economies. The book considers the different perspectives on privatization theory and policy in Europe and thereby identifies different national characteristics in terms of the motivation to privatize, the scale of privatization and its consequences. In the opening chapters there is a detailed overview of the theoretical economic issues involved in privatization and an assessment of privatization across the EU. The remaining ten chapters contain national case studies of EU countries which review the history of state ownership and privatization in each of these countries

and evaluate the extent of privatization. The role of European Commission directives in deregulating markets and stimulating privatization is also examined. Privatization in the European Union: Theory and Policy Perspectives is the first book to provide a comprehensive study of privatization in the EU. Karl Aiginger, University of Linz, Austria, Jacques de Bandt, CNRS-Universite de Nice Sophia Antipolis, France, Dieter Bos, University of Bonn,

Sean D. Barrett, Trinity Col

Edited by: David Parker
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions: Height: 229mm, Width: 152mm, Spine: 26mm
Weight: 690g
ISBN: 9780415154697
ISBN 10: 0415154693
Pages: 288
Publication Date: 16 April 1998
Audience: College/higher education , A / AS level , Further / Higher Education
Format: Hardback
Publisher's Status: Active

Preface 1 Introduction 2 Privatisation in the European Union: an overview 3 Theoretical perspectives on privatisation: some outstanding issues 4 The privatisation experiment in Austria 5 Privatisation in an industrial policy perspective: the case of France 6 Privatisation in Germany: symbolism in the social market economy? 7 Privatisation in Greece 8 The importance of state enterprises in the Irish economy and the future for privatisation 9 Privatisation in Italy: a tale of ‘capture’ 10 Privatisation in Finland, Sweden and Denmark: fashion or necessity? 11 The privatisation of state enterprises in the Spanish economy 12 Privatisation in the UK: policy and performance 13 Privatisation and deregulation in the Netherlands

David Parker is Professor of Business Economics and Strategy at Aston University, UK. He is a consultant on privatisation and regulation to companies and governments in the UK and overseas. His most recently published works include The Impact of Privatisation: Ownership and Corporate Performance in the UK (Routledge, 1997).