The 1980s and '90s have been a period of unprecedented
microeconomic reform in Australia, in a bid to make the nation s
enterprise environment more competitive. With the full
implementation of the National Competition Policy, the pace of that
reform is set to explode. In this timely work, John Quiggin
critically examines the assumptions, the practice and the future of
microeconomic reform and its place in the Australian economy. Is it
unambiguously true that competition within the infrastructure
benefits business and consumers as well as the infrastructure
industry concerned? What are the assumptions upon which such great
expectations have been placed, and have they held true in the
experience of reform? Great Expectations places the prospect of
microeconomic reform in its theoretical and historical context. It
examines and evaluates: - transport deregulation - government
business enterprises - financial deregulation - contracting out -
tariffs and industry policy - privatisation - communications
deregulation - private infrastructure At a time when Australia s
economic basis and future conti
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