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OverviewPrivatization 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. Full Product DetailsAuthor: David Parker , David SaalPublisher: Edward Elgar Publishing Ltd Imprint: Edward Elgar Publishing Ltd Edition: illustrated edition Dimensions: Width: 15.60cm , Height: 4.40cm , Length: 23.40cm Weight: 1.060kg ISBN: 9781840646139ISBN 10: 1840646136 Pages: 624 Publication Date: 29 July 2003 Audience: College/higher education , Professional and scholarly , Tertiary & Higher Education , Professional & Vocational Format: Hardback Publisher's Status: Active Availability: To order  Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us. Table of ContentsContents: Preface 1. Introduction David Parker and David Saal Part I: Privatization in Theory and Practice 2. History and Methods of Privatization William L. Megginson and Jeffry M. Netter 3. Privatization: Analysing the Benefits Colin Robinson 4. Privatization: A Sceptical Analysis Johan Willner 5. Methods of Privatization Cosmo Graham Part II: Privatization in Developed Economies 6. Privatization in the European Union David Parker 7. Privatization in North America Anthony E. Boardman, Claude Laurin and Aidan R. Vining 8. Privatization: The Australian Experience Graeme A. Hodge 9. Postal Privatization in the United States Michael A. Crew and Paul R. Kleindorfer Part III: Privatization in Developing Countries 10. Assessing the Impact of Privatization in Developing Countries Paul Cook and Colin Kirkpatrick 11. The Privatization Experience of Brazil Werner Baer 12. Privatization in China Joseph C.H. Chai 13. Privatization in Mexico and Chile: A Critical Perspective Miguel D. Ramirez 14. Privatization in South Africa Erwin Schwella 15. Privatization in Sub-Sahara Africa Paul Bennell Part IV: Privatization in the Transition Economies 16. Privatization and Corporate Governance in Transition Economies: Theory and Concepts Igor Filatotchev 17. Privatization in Russia Paul Hare and Alexander Muravyev 18. Privatization and Corporate Governance in the Czech Republic Michal Mejstrik 19. All Roads Lead to Outside Ownership: Polish Piecemeal Privatization Thomasz Mickiewicz and Maciej Baltowski 20. Privatization in Hungary and its Aftermath Ivan Major 21. Privatization in Ukraine Saul Estrin and Adam Rosevear Part V: Regulating Privatized Industries 22. Regulation: Theory and Concepts Dieter Bos 23. Regulating Prices and Profits Thomas Weyman-Jones 24. Comparing Regulatory Systems Anthony Ogus 25. Privatization and Regulation of Public Utilities: Problems and Challenges for Developing Economies David Parker 26. Restructuring, Regulation and the Liberalization of Privatized Utilities in the UK David Saal IndexReviews`The challenges of privatization are well described in this International Handbook. On the theoretical side, market efficiency gains are shown to be balanced with agency and market failure losses. Empirically, a wide range of case studies offer many lessons on best practices. The book should be invaluable both to practitioners and scholars.' -- Elizabeth Bailey, University of Pennsylvania, US 'The challenges of privatization are well described in this International Handbook. On the theoretical side, market efficiency gains are shown to be balanced with agency and market failure losses. Empirically, a wide range of case studies offer many lessons on best practices. The book should be invaluable both to practitioners and scholars.' -- Elizabeth Bailey, University of Pennsylvania, US Author InformationEdited by David Parker, formerly Research Professor in Privatisation and Regulation, Cranfield School of Management, Cranfield University, UK and Co-Director, Regulation Research Programme, Centre on Regulation and Competition, University of Manchester, UK and David Saal, Professor of Microeconomics and Co-Director, Centre for Productivity and Performance, Loughborough University and Research Professor, German Institute for Economic Research (DIW Berlin), Germany Tab Content 6Author Website:Countries AvailableAll regions |
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