Articoli correlati a Privatization: An Economic Analysis

Privatization: An Economic Analysis - Rilegato

Vickers, John

 
9780262220330: Privatization: An Economic Analysis

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This comprehensive analysis of the British privatization program offers insights into recent policies on privatization, competition, and regulation in a country that has by far the greatest experience with this growing worldwide phenomenon.

The process of selling assets and enterprises to the private sector raises theoretical questions about natural monopolies, the efficiency and equity of state owned versus privately-owned enterprises, and industrial policy. Privatization explores these questions both theoretically and empirically.

After providing theoretical perspectives on the economics of ownership, competition, and regulation, the authors assess privatization policies in key industries: telecommunications, energy, transport, and water. They argue that the government's haste to transfer ownership reflects a misplaced priority, and that the main thrust of policy should be to improve industrial efficiency by stimulating competition and, providing effective regulation.

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L'autore

Sir John Vickers is Drummond Professor of Political Economy at Oxford University.

Product Description

Book by Vickers John Yarrow George

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9780262720113: Privatization: An Economic Analysis

Edizione in evidenza

ISBN 10:  0262720116 ISBN 13:  9780262720113
Casa editrice: MIT Press, 1988
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