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Privatization - An International Review Of Performance (Paperback)
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Privatization - An International Review Of Performance (Paperback)
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Contracting out public sector services and divesting public
enterprises are reforms that have enjoyed widespread global
popularity in recent years. Better services, lower prices and
greater accountability are the promises made by politicians, senior
executives, and investment companies when functions are moved from
the public sector to private enterprise. But in Privatization,
Graeme A. Hodge challenges these assumptions. Through an
examination of hundreds of international studies on the performance
of privatization activities, Hodge demonstrates that privatizing
public services is often not the guaranteed panacea portrayed by
its political supporters. Importantly, privatization activities can
lead to modest gains, but there are also winners and losers in this
reform. It therefore deserves far more care and balanced debate
than it usually attracts.
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