In recent years there has been an enormous amount of research into the way companies raise finance from stock markets. There are many reasons for this interest in 'initial public offerings' (IPOs). "Going Public" is the first book to investigate the issues in a non-technical manner, drawing upon international evidence from private sector companies and privatizations. Building on the success of the first edition, this second edition of "Going Public" has been comprehensively revised and updated throughout.

The widely-acclaimed Oxford Review of Economic Policy publishes papers written in a non-technical style by leading policy experts. This second edition of Readings in Macroeconomics presents a revised and updated selection of the most significant OREP papers in macroeconomics, chosen by the Managing Editor Dr Tim Jenkinson of Oxford University. Topics covered include fiscal policy, exchange rates and monetary policy, consumption and the balance of payments, inflation and unemployment, and growth and productivity. This breadth of coverage makes the book an ideal course companion for second and third year macroeconomics students. A volume in Microeconomics is also available.

The UK has pioneered the introduction of competition into previously monopolistic utility industries. Competition has been introduced progressively, starting with BT, and continuing with the gas and electricity industries, where it is to be completed during 1998. In water, competition has so far been restricted to new developments, and it is said that it will be phased in once the initial franchises expire. These radical policy innovations have been controversial, and raise significant generic problems concerned with market design, regulation, corporate strategy and income distribution. The lessons from the UK provide an essential input into liberalization throughout the world, as well as helping to shape the transitional arrangements already in place in the UK. This volume brings together independent experts with the specialist regulators to provide a comprehensive analysis of the issues. The common themes are drawn together in the introduction. The volume will be essential reading for utility companies, regulators, politicians and policy advisors.