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Books > Business & Economics > Business & management > Ownership & organization of enterprises > Privatization
This book examines one of the most high-profile municipal privatizations-the privatization of New York City's Central Park. The fiscal crisis of the 1970s established the political and cultural opening for privatizations, which were justified on the basis of increasing efficiency. However, as Cooke demonstrates, these justifications were deliberately blind to the social and economic implication of privatization. This fascinating account moves beyond the hackneyed pro- versus anti-privatization debate by reconceptualizing the park's privatization as an ensemble of contradictory class effects. It also highlights the immense theoretical and policy space for radically reconsidering and rethinking privatization processes in both the municipal and global contexts.
Public services throughout Europe have undergone dramatic restructuring processes in recent years in connection with liberalization and privatization. While evaluations of the successes of public services have focused on prices and efficiency, much less attention has been paid to the impacts of liberalization and privatization on employment, labor relations, and working conditions. This book addresses this gap by illustrating the ways in which liberalization has contributed to increasing private and foreign ownership of public services, the decentralization of labor relations has amplified pressure on wages, and decreasing employment numbers and increasing workloads have improved productivity partly at the cost of service quality. Examining diverse public-service sectors including network industries, public transportation, and hospitals, and using international case studies, Privatization of Public Services covers a wide range of aspects of service provision, with particular emphasis on companies and workers. The result is a unique picture of the changes created by the liberalization processes in Europe.
An analysis of the heavy cost of privatising health services.
This first volume of the Official History studies the background to privatisation, and the privatisations of the first two Conservative Governments led by Margaret Thatcher from May 1979 to June 1987. First commissioned by the then Prime Minister Tony Blair as an authoritative history, this volume addresses a number of key questions:
The study draws heavily from the official records of the British Government to which the author was given full access and from interviews with leading figures involved in each of the privatisations including ex-Ministers, civil servants, business and City figures, as well as academics that have studied the subject. This new official history will be of much interest to students of British political history, economics and business studies.
Providing an in-depth case study of a highly successful public-private partnership, this book offers valuable insights for privatizing an existing public service. A mix of theory and empirical analysis, the study initially creates and explains a model for the Privatization Transfer Process, which serves as a guide for contracting out services. Drawing on the experience of the Orlando Orange County Expressway Authority when it privatized toll road operations, the book traces the steps taken through the initial decision to privatize, the creation of the Request for Proposal, and the review and rating of three bidder responses. It then follows the awarding of the bid to the Florida Toll Services and the transition from public to private control. The book also considers technical and pricing concerns as well as issues pertaining to contract management. In conclusion, it evaluates the entire effort. By offering a detailed analysis of a very successful privatization experience, the book provides a useful tool for those concerned with privatization issues.
In today's world of interconnected and "always-on" information, companies that succeed are those that compete by leveraging strategic control points. A strategic control point is a part of a market that, if controlled by one party, can be used to leverage power elsewhere. This can occur throughout the supply chain, in a related business, or even in an unrelated market The Carrot and the Stick uses detailed examples and case studies - ranging from historic cases like Vanderbilt's railroad in New York to current cases like Amazon's control of the value chain - to explain how finding and leveraging points of strategic control can be the key to success in today's convergent, fast-paced markets. The book focuses on how to spot and own potential points of strategic control, how to extend them to multiple markets, what tools and processes can be implemented in order to utilize the principle in practice, and how to "pry loose" existing points of strategic control owned by others. Applicable to all industries, this book can help alter business outcomes.
This book challenges readers to consider the consequences of
commercialism and business influences on and in schools. Critical
essays examine the central theme of commercialism via a unique
multiplicity of real-world examples. Topics include:
In recent years as globalization and market liberalization have marched forward unabated, and the global commons continue to be commodified and privatized at a rapid pace. In this global process, the ownership, sale and supply of water is increasingly the flashpoint for debates and conflict over privatization, and nowhere is the debate more advanced or acute than in southern Africa. The Age of Commodity provides an overview on the debates over water privatization including a conceptual overview of water 'privatization', how it relates to human rights, macro-economic policy and GATS and how the debates are shaped by research methodologies. The book then presents case studies of important water privatization initiatives in the region, drawing out crucial themes common to water privatization debates around the world including corruption, gender equity and donor conditionalities. This is book is powerful and necessary reading in our new age of commodity.
What is regulation? Under what circumstances is it needed? What forms should it take? Such questions are especially relevant at a time in United States history when governmental involvement in decisions formerly left to individuals and business firms evokes concern on all sides of the political spectrum. In "Going by the Book," Eugene Bardach and Robert A. Kagan address these questions and provide richly detailed descriptions of the dilemmas of enforcement in a broad variety of regulatory programs. The authors argue that the most successful forms of regulation emerge from a flexible rather than a legalistic method of implementation. Relying on extensive interviews with government agency officials and regulated businesses, they find that American techniques of regulation, by their very nature, frequently generate "regulatory unreasonableness," that is, governmental requirements that seem sensible in principle but that make little sense in particular situations. By exploring the roots and dynamics of regulatory unreasonableness and the ways in which some regulatory officials and programs avoid it, "Going by the Book" simultaneously illustrates the virtues of flexible regulatory enforcement and illuminates the political and practical obstacles to achieving that goal. In their new introduction, the authors discuss their findings in light of the twenty years that have passed since "Going by the Book" was first published. They explore the growth of regulation in recent years as well as many reforms, noting that while much has changed, much has not. They argue the United States remains torn between two competing visions of regulation: enforcing laws versus solving social problems. Thus, the deep insights into the regulatory process that "Going by the Book" provides continue to make it a mandatory work for public policymakers, experts in economics, government, and regulatory law, and students and teachers of political science, public policy, and sociolegal studies.
Despite a half-century of literature documenting the experience and
meanings of countertransference in analytic practice, the concept
remains a source of controversy. For Peter Carnochan, this can be
addressed only by revisiting historical, epistemological, and moral
issues intrinsic to the analytic enterprise. Looking for Ground is
the first attempt to provide a comprehensive understanding of
countertransference on the basis of a contemporary reappraisal of
just such foundational assumptions.
Privatisation and Social Policy follows this format while addressing one of the key issues of recent years, namely the covert but undeniable impact of growing privatisation on the development and implementation of social policy. As the text demonstrates, there is no area of policy which privatisation has not affected, resulting in the gradual transfer of responsibility from the public to the private sphere in areas such as education, housing, health, social security and social services.
Following up on his 1995 study of the initial transition period in formerly communist economies, Adam Zwass carries the analysis into the second phase of reform. He devotes focused attention to the pivotal role of privatization strategies, contrasting the outcomes of the voucher plans with outright sale of state assets (including to foreign investors). Taking advantage of his incomparable experience as a financial expert first in the CMEA and later with the Austrian National Bank, Zwass considers the record of newly emerging banking and financial systems and the challenges of entry into the regional and global financial and trading systems.
Privatization has captivated governments, policy makers and bureaucrats of both developed and developing countries in the latter decades of the 20th-century. It has led to the shifting of billions of dollars worth of assets from public to private ownership, the restructuring of industries, and the loss of thousands of jobs. Has it all been worth it and who has benefited? This edited collection examines the impact of privatization and the lessons to be learnt from it for the purpose of regulatory reform. The contributors analyze the benefits and losses of privatization in a variety of countries from economic, legal and consumer perspectives and address fundamental questions such as whether private ownership necessarily leads to better incentives for management and productivity. The book contains illustrative case studies of the Australian telecommunications industry, the deregulation of the Swedish taxi and postal industries, Californian telecommunications industries as well as discussing consumer responses to the privatization of key utilities in the UK. The impact of privatization in developing nations is also addressed, with particular reference to India and Malaysia.
Economic pressures and technological change are causing governments across Europe to reassess the role of the state in the economy. Privatization and market liberalization 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 discusses privatization in the major European economies. It 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.
This volume collects Professor Michael Beesley's most important work in the area of privatization. He advised the government on forthcoming legislation on telecoms, buses, and water, as well as advising new regulators. Now in its second edition, the book includes the experience of privatization in Australia, and the lessons we can learn from them. Throughout, the author remains critical of the policies adopted, but always with corresponding suggestions for improvement. This insider view should be a valuable guide for all those interested in current developments in privatization.
This volume collects Professor Michael Beesley's most important work in the area of privatization. He advised the government on forthcoming legislation on telecoms, buses, and water, as well as advising new regulators. Now in its second edition, the book includes the experience of privatization in Australia, and the lessons we can learn from them. Throughout, the author remains critical of the policies adopted, but always with corresponding suggestions for improvement. This insider view should be a valuable guide for all those interested in current developments in privatization.
This title was first published in 2000: This volume is based on papers presented at the sixth International Research Seminar on "Issues in Social Security", held by FISS on 12-15 June 1999 in Sigtuna, Sweden. The book relates to the discussion about the merits of improving the incentive structure of social security programmes by privatization. The first part contains two important chapters - the first looks at the interaction between programmes and how they make one of them to serve the purposes of the other. This mechanism is termed "domain linkage". The second chapter deals with welfare state programmes that contain behavioural risks, like health insurance, sickness benefits, unemployment and disability insurance - where moral hazard is a potential problem. The second part of the book groups a number of international comparative studies. The first three deal with retirement issues, and the fourth looks at the development of poverty and income distribution.
Are resources allocated more efficiently through private ownership than through the public sector? The experiences of eleven newly privatised companies are examined to evaluate this hypothesis. With the Government's pro-privatization policies in place for over a decade, this is a prime time to evaluate theory versus reality.
Privatization creates gainers and losers. Increasingly, governments, particularly those in developing countries, are coming to realize that privatization can have a very severe economic impact and raises problems of equity. Yet remedial actions are often inadequate and unsystematic. In "Privatization and Equity", the authors look at some of the problems brought about by the change to private ownership. They identify factors which can lead to greater inequality, including changes in market structure, foreign ownership and operating policies. They also highlight the consequences of ignoring considerations of equity. In the short term these can discredit privatization programmes, and in the long term might even see them reversed.
Privatization and After discusses the need to monitor privatization. The authors argue that monitoring will show whether or not the process is fulfilling its objectives and contributing to improved economic performance. The book also assesses the need for, and techniques of, regulating privatized enterprises in situations of continuing monopoly or significant market control. This is supported by an in-depth analysis of regulation in the UK and its implications for developing countries. Further illustrative material is drawn from a range of developed, developing and former socialist countries.
This work discusses a transformation of health care delivery that was launched by coalitions of business leaders during the early 1970s. It argues for a single-payer system and considers how public regulation offers the possibility of democratic participation in setting health care policies.
This work discusses a transformation of health care delivery that was launched by coalitions of business leaders during the early 1970s. It argues for a single-payer system and considers how public regulation offers the possibility of democratic participation in setting health care policies.
Privatization has been the spearhead of the moves towards de-regulation that have characterized economic policy in the last decade. "Privatisation - A Global Perspective" documents the developments in privatization in 25 country studies. It presents a comprehensive and detailed survey of the privatization phenomena and focuses on specifics. The main features of each country's privatization programme are outlined and then particular successes and problems are highlighted. Material from developed, developing and formerly socialist countries is included in a comparable format, and the distinguishing features of comparison and contrast, as well as broad conclusions, are presented in the concluding review by the editor. The authors include professors, ministers, public enterprise executives, practising accountants and other specialists.
This title was first published in 2000: This volume is based on papers presented at the sixth International Research Seminar on "Issues in Social Security", held by FISS on 12-15 June 1999 in Sigtuna, Sweden. The book relates to the discussion about the merits of improving the incentive structure of social security programmes by privatization. The first part contains two important chapters - the first looks at the interaction between programmes and how they make one of them to serve the purposes of the other. This mechanism is termed "domain linkage". The second chapter deals with welfare state programmes that contain behavioural risks, like health insurance, sickness benefits, unemployment and disability insurance - where moral hazard is a potential problem. The second part of the book groups a number of international comparative studies. The first three deal with retirement issues, and the fourth looks at the development of poverty and income distribution. |
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