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Market Distortions in Privatisation Processes (Hardcover)
Loot Price: R1,377
Discovery Miles 13 770
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Market Distortions in Privatisation Processes (Hardcover)
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Drawing on a range of global case studies, Market Distortions in
Privatisation Processes illustrates the ways in which market
distortions damaged the ability of privatisation processes to yield
concrete benefits to consumers. The book compares and contrasts
privatisations of state-owned enterprises around the world where
competition informed the regulatory design and thus liberated
consumer welfare. In particular, the cases are drawn from the
electricity and gas sector, the telecoms industry, and postal
services - each of which has been frequently privatised in
different context. For each industry, the book explores the UK and
US experiences as well as looking at international cases from both
developed and developing countries including, where appropriate,
Japan, Colombia, Romania and Mexico. The emphasis is on analysing
the impact that market distortions have had on the outcomes of
those privatisations. The book also looks at how public service
objectives were achieved and how they too can be designed in
pro-competitive or anti-competitive ways. This book will be of
significant interest to readers in international business,
economics, and law.
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