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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.
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