International Handbook on Privatization

International Handbook on Privatization

By: David Parker (author), David Saal (author)Hardback

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Privatization has dominated industrial restructuring programmes since the 1980s and continues to do so. This handbook considers all aspects of this key issue, including the theory of privatization; privatization in transition, developed and developing economies; and the economic regulation of privatized industries. The studies in this volume, introduced by international experts in the field, present evidence of the scope and effects of privatization, and consequently provide the basis for improving both policy formulation and implementation. However, they also emphasize that privatization is not an end in itself. It is argued that for privatization to be worthwhile and for lasting economic efficiency gains to be achieved, supporting reforms must accompany most privatization programmes, particularly in the arenas of corporate governance and capital markets, product market competition and state regulatory processes. Furthermore, several contributors demonstrate that the degree to which ownership and market liberalization can be usefully separated and whether privatization without either competition or effective regulation is worthwhile, remain controversial issues.

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Part 1 Privatization in theory and practice: history and methods of privatization, William L. Megginson, Jeffry M. Netter; privatization - analyzing the benefits, Colin Robinson; privatization - a sceptical analysis, John Willner; methods of privatization, Cosmo Graham. Part 2 Privatization in developed economies: privatization in the European Union, David Parker; Privatization in North America, Anthony E. Boardman, Claude Laurin, Aidan A. Vining; privatization - the Australian experience, Graeme A. Hodge; postal privatization - in general and for the United States Postal Service?, Michael A. Crew, Paul R. Kleindorfer. Part 3 Privatization in developing economies: assessing the impact of privatization in developing countries, Paul Cook, Colin Kirkpatrick; the privatization experience of Brazil, Werner Baer; privatization in China, Joseph C.H. Chai; privatization in Mexico and Chile - a critical perspective, Miguel D. Ramirez; privatization in South Africa, Erwin Schwella; privatization in Sub-Saharan Africa, Paul Bennell. Part 4 Privatization in the transition economies: privatization and corporate governance in transition economies - theory and concepts, Igor Filatotchev; privatization in Russia, Paul Hare, Alexander Muravyev; privatization and corporate governance in the Czech republic, Michael Mejstrik; all roads lead to outside ownership - Polish piecemeal privatization, Thomas Mickiewicz, Maciej Baltowski; privatization in Hungary and its aftermath, Ivan Major; privatization in Ukraine, Saul Estrin, Adam Rosevear. Part 5 Regulating privatized industries: regulation - theory and concepts, Dieter Bos; regulating prices and profits, Thomas Weyman-Jones, comparing regulatory systems, Anthony Ogus; privatization and regulation of public utilities - problems and challenges for developing economies, David Parker; restructuring, regulation and the liberalization of privatized utilities in the UK, David Saal.

Product Details

  • publication date: 29/07/2003
  • ISBN13: 9781840646139
  • Format: Hardback
  • Number Of Pages: 656
  • ID: 9781840646139
  • weight: 1060
  • ISBN10: 1840646136

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