Books > Business & Economics > Business & management > Ownership & organization of enterprises > Privatization
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International Handbook on Privatization (Paperback, New edition)
Loot Price: R2,367
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International Handbook on Privatization (Paperback, New edition)
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Privatization has dominated industrial restructuring programs since
the 1980s and continues to do so. This authoritative and accessible
Handbook considers all aspects of this key issue, including: the
theory of privatization; privatization in transition, developed and
developing economies; as well 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 programs, particularly in the arenas of
corporate governance and capital markets, product market
competition, and state regulatory processes. Furthermore, several
contributions 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. Furnishing the reader with
a comprehensive and lively discussion of privatization in theory
and practice, this Handbook will be the essential source of
information for researchers in the field, and for a wide-ranging
audience including public policy makers and specialists,
development experts and agencies, international banks, public
policy and regulation economists, and management consultants.
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