Privatization is both an economic adaptation and a strategy to
alter the political landscape and the historical relationships
between the public and the private sectors. Both of these aspects
of privatization need to be understood and appreciated because one
cannot take place without the other. The roles and dynamics of the
public and private sectors change in privatization. Thus, the need
arises for linking mechanisms able to harness and mesh the
chanenged roles and dynamics of the two sectors. The Politics and
Economics of Privatization identifies, defines, and addresses these
implications. It does so by discussing the attempts in the 1980s to
meet clean water needs through the privatization of wastewater
treatment facilities. What is privatization? How does it work? What
is required? What does it cost? Is it acceptable? What issues does
it raise? What are its implications for the implementation of
national policy?
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