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Who Benefits from Privatisation? (Hardcover, New)
Loot Price: R4,315
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Who Benefits from Privatisation? (Hardcover, New)
Series: Routledge Studies in the Modern World Economy
Expected to ship within 12 - 17 working days
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Privatization has captivated governments, policy makers and
bureaucrats of both developed and developing countries in the
latter decades of the 20th-century. It has led to the shifting of
billions of dollars worth of assets from public to private
ownership, the restructuring of industries, and the loss of
thousands of jobs. Has it all been worth it and who has benefited?
This edited collection examines the impact of privatization and the
lessons to be learnt from it for the purpose of regulatory reform.
The contributors analyze the benefits and losses of privatization
in a variety of countries from economic, legal and consumer
perspectives and address fundamental questions such as whether
private ownership necessarily leads to better incentives for
management and productivity. The book contains illustrative case
studies of the Australian telecommunications industry, the
deregulation of the Swedish taxi and postal industries, Californian
telecommunications industries as well as discussing consumer
responses to the privatization of key utilities in the UK. The
impact of privatization in developing nations is also addressed,
with particular reference to India and Malaysia.
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