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Wrong Way: How Privatisation and Economic Reform Backfired (Paperback)
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Wrong Way: How Privatisation and Economic Reform Backfired (Paperback)
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Since the 1980s, waves of neoliberal 'economic reform' have
transformed Australia. Privatisation, deregulation, marketisation
and the contracting out of government services- for three decades
now, there has been widespread agreement among policymakers on the
desirability of these strategies. But the benefits of economic
reform are increasingly being questioned. Alongside growing voter
disenchantment, new voices of dissent argue that instead of
efficiency and improved services, economic reform has led to
unaccountable oligopolies, increased prices, reduced productivity
and degradation of the public good. In Wrong Way, Australia's
leading economists and public intellectuals do a cost-benefit
analysis of economic reform across key areas. Have these reforms
been worthwhile for the Australian community and its economy? Have
they given us a better society, as promised? 'Has privatisation led
to more productivity-enhancing competition? Has deregulation
increased economic welfare in energy, finance, health, education
and labour markets? Does the lived experience of Australians
measure up to the promise of economic reform? The authors answer
these questions with conclusions that are both compelling and
disturbing.' --Emeritus professor Roy Green, University of
Technology Sydney Damien Cahill & Phillip Toner on Economic
Reform Elizabeth Hill & Matt Wade on Early Childhood Education
And Care Stephen Duckett on Private Health Insurance Phillip Toner
on Vocational Education And Training Jane Andrew & Max Baker on
Prisons Bob Davidson on Aged Care Paul Davies on Public Sector
Engineering Sue Olney & Wilma Gallet on Employment Services
John Quiggin on Electricity Jim Stanford on Labour Markets Evan
Jones on Banking Peter Phibbs & Nicole Gurran on Housing Lee
Ridge on The NBN Ben Spies-Butcher & Gareth Bryant on
Universities Michael Beggs on Monetary Policy And Unemployment John
Quiggin on Productivity Peter Brain on Orthodox Economic Models
Patricia Ranald on Free Trade David Richardson on Foreign
Investment Frank Stilwell on Inequality
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