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Books > Business & Economics > Business & management > Ownership & organization of enterprises > Privatization
Many countries have attempted to employ privatization programs to restructure their economies; however, some of the programs are rejected by the polity in the early stages of consideration. Research on privatization has mainly focused on programs that have been accepted, but it often ignores issues associated with rejection. Dr. Molano breaks new ground by examining the microeconomic, macroeconomic, and political factors that shape all outcomes of privatization. A case study method is employed to review attempts to privatize state-owned telephone companies in countries in the southern cone of Latin America. The study is further generalized to cover 23 attempts to privatize telephone companies from 1985 to 1995.
Essential services are being privatised the world over. Whether it's water, gas, electricity or the phone network, everywher from Sao Paulo in Brazil to Leeds in the UK is following the US economic model and handing public services over to private companies whose principal interest is raising prices. Yet it's one of the world's best kept secrets that Americans pay astonishingly little for high quality public services. Uniquely in the world, every aspect of US regulation is wide open to the public. How is this done and why has this process not taken root elsewhere? How is regulation threatened even in the United States? And what power does the public have to ensure that services are regulated along these US lines?;This volume, based on work for the United Nations International Labour Organisation, is a step-by-step guide to the way that public services are regulated in the United States. It explains how decisions are made by public debate in a public forum. Profits and investments of private companies are capped, and companies are forced to reduce prices for the poor, fund environmental investments and open themselves to financial inspection.
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.
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:
Nominated for the 2006 IPEG Book Prize Drawing on the research of ten scholars from around the world,
this volume evaluates China's privatization experience by
investigating the efficiency and fairness of the sale process and
the credibility of the government's ambition to create world-class
state-owned conglomerates.
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.
Written to help school board members, administrators, parents, and other community residents involved in the privatization debate, this volume maintains a useful balance of scholarship and craft. It provides both theory and practice, presenting practical information to guide those who must deal with policy and procedural issues related to privatizing one or more school district functions.
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.
On the 14th June 2017, a fire engulfed a tower block in West London, seventy-two people lost their lives and hundreds of others were left displaced and traumatised. The Grenfell Tower fire is the epicentre of a long history of violence enacted by government and corporations. On its second anniversary activists, artists and academics come together to respond, remember and recover the disaster. The Grenfell Tower fire illustrates Britain's symbolic order; the continued logic of colonialism, the disposability of working class lives, the marketisation of social provision and global austerity politics, and the negligence and malfeasance of multinational contractors. Exploring these topics and more, the contributors construct critical analysis from legal, cultural, media, community and government responses to the fire, asking whether, without remedy for multifaceted power and violence, we will ever really be 'after' Grenfell? With poetry by Ben Okri and Tony Walsh, and photographs by Parveen Ali, Sam Boal and Yolanthe Fawehinmi. With contributions from Phil Scraton, Daniel Renwick, Nadine El-Enany, Sarah Keenan, Gracie Mae Bradley and The Radical Housing Network.
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.
This book makes public, for the first time, a full account of the development of the privatization of prisons, centred on the only full-scale empirical study yet to have been undertaken in Britain. After providing an up-to-date overview of the development of private sector involvement in penal practice in the United Kingdom, North America, Europe and Australia, the authors go on to describe the first two years in the life of Wolds Remand Prison - the first private prison in Britain. They look at the daily life for remand prisoners, assess the duties and morale of staff and compare the workings of Wolds to a new local prison in the public sector. The authors conclude by discussing some of the practical and theoretical issues to have emerged from contracting out, ethical issues surrounding the whole privatization debate and implications for the future of the prison system and penal policy.
A fundamental characteristic of the global economy during the 1990s is the reinvigoration of the private sector as the driving force for economic growth and social progress. This book surveys Central Europe during the early period of transition from late 1989 to early 1993, when governments were experimenting with privatization and economic reform, and assesses how privatization and economic reform policies have changed the business climate there. Rondinelli and his contributors provide an overview of economic reforms in Central European countries, offer a framework by which to compare them, describe the approaches to privatization their governments adopted, and identify the problems and challenges that each country faces in attempting to create a market-oriented economy. The result is a valuable resource for international management, international trade policy makers, and scholars of international business. The process of economic restructuring is especially important and particularly complex in Central Europe, where Poland, Hungary, the Czech and Slovak Republics, Slovenia, and other independent states of former Yugoslavia are struggling to transform themselves from socialist to market economies. Each country faces equally complex challenges, however, in creating a new business climate that will nourish domestic enterprise and attract investments by multinational corporations. These challenges include: (1) privatizing state-owned enterprises that have dominated the economies of socialist countries; (2) developing public policies and programs that support the private sector, especially small- and medium-scale enterprises; (3) decentralizing the state administrative structure to allow regional and local governments to play a more active role in providing public services and supporting private enterprise; and (4) restructuring industry, agriculture, and services in order to diversify and reinvigorate the economic base (including infrastructure) of regions surrounding cities that are still dominated by heavy (and now largely obsolescent) manufacturing industries. This book surveys the situation in Central Europe during the early period of transition in the early 1990s when governments in all four countries were experimenting with privatization and economic reform. The authors assess how privatization and economic reform policies have changed the business climate in this important region of the world. The editor provides an overview of economic reforms in Central European countries, offers a framework by which to compare them, describes the approaches to privatization their governments adopted, and identifies the problems and challenges that each country faces in attempting to create a market-oriented economy.
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.
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.
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.
This book studies the effects of incorporating market incentives into the public goods arena. Carol Graham examines the effects of market-based strategies on the performance of public institutions, the political sustainability of market reforms, and equity. In so doing, she examines a variety of reform experiences in the realms of education, health, social security, and state- owned enterprises and across a range of country and income contexts, with case studies drawn from Latin America, Africa, and Eastern Europe. The studies show that the incorporation of new market incentives, such as vouchers in education and private social security systems, can have positive effects on the performance of public institutions. The effects on equity are less clear, however, and in many cases efficiency gains entail short-term equity losses. The poorest sectors are usually least equipped to take advantage of new incentives and may be marginalized from the reforms and lose access to essential services. Yet in the long-term, negative equity effects are usually counter-balanced by the benefits of enhancing the performance of public institutions. As this book makes clear, the issues explored have relevance for advanced industrial societies as well as for developing economies.
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.
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.
Private Military and Security Companies (PMSCs) have constituted a perennial feature of the security landscape. Yet, it is their involvement in and conduct during the ongoing wars in Iraq and Afghanistan that have transformed the outsourcing of security services into such a pressing public policy and world-order issue. The PMSCs' ubiquitous presence in armed conflict situations, as well as in post-conflict reconstruction, their diverse list of clients (governments in the developed and developing world, non-state armed groups, intergovernmental and non-governmental organizations, and international corporations) and, in the context of armed conflict situations, involvement in instances of gross misconduct, have raised serious accountability issues. The prominence of PMSCs in conflict zones has generated critical questions concerning the very concept of security and the role of private force, a rethinking of "essential governmental functions," a rearticulation of the distinction between public/private and global/local in the context of the creation of new forms of "security governance," and a consideration of the relevance, as well as limitations, of existing regulatory frameworks that include domestic and international law (in particular international human rights law and international humanitarian law). This book critically examines the growing role of PMSCs in conflict and post-conflict situations, as part of a broader trend towards the outsourcing of security functions. Particular emphasis is placed on key moral, legal, and political considerations involved in the privatization of such functions, on the impact of outsourcing on security governance, and on the main challenges confronting efforts to hold PMSCs accountable through a combination of formal and informal, domestic as well as international, regulatory mechanisms and processes. It will be of interest to scholars, policymakers, practitioners and advocates for a more transparent and humane security order. This book was published as a special issue of Criminal Justice Ethics.
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. |
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