The Political economy of privatization [electronic resource] / edited by Thomas Clarke and Christos Pitelis.
In The Political Economy of Privatization the authors assess the success of privatization. The work is an international study of the extensive privatization, and the pressure towards privatization, in different parts of the world. The book includes: * A study of the relationship between ownership an...
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Full Text (via Springer) |
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| Other Authors: | , |
| Format: | Electronic eBook |
| Language: | English |
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London ; New York :
Routledge,
1993.
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Table of Contents:
- Book Cover; Title; Copyright; CONTENTS; FIGURES; TABLES; CONTRIBUTORS; PREFACE; 1 INTRODUCTION; THE GROWTH OF THE STATE; THE CASE FOR PRIVATE OWNERSHIP; THE FAILURES OF THE MARKET; THE REASONS FOR PRIVATIZATION; OWNERSHIP AND PERFORMANCE; MARKET STRUCTURE AND REGULATION; PRIVATIZATION STRATEGIES WITHIN THE PUBLIC SECTOR; PRIVATIZATION IN ADVANCED INDUSTRIAL ECONOMIES; PRIVATIZATION IN EASTERN EUROPE; PRIVATIZATION IN DEVELOPING COUNTRIES; CONCLUSIONS; BIBLIOGRAPHY; Part I OWNERSHIP AND PERFORMANCE; 2 OWNERSHIP, ORGANIZATIONAL CHANGES AND PERFORMANCE; INTRODUCTION.
- TESTING FOR PERFORMANCE CHANGESEmployment function; Productivity; Financial ratios; EXPLORING THE INTERNAL ENVIRONMENT; Organizational structure; Objectives; Management; Labour relations; Communications and reporting systems; Nature and location of the business; CHANGES IN THE INTERNAL ENVIRONMENT; Royal Mint; Royal Ordnance Factories; Postal service; Telecommunications; Rolls-Royce; British Aerospace; London Transport; HMSO; British Airways; National Freight Corporation; CONCLUSIONS; NOTES; REFERENCES; 3 PUBLIC OWNERSHIP AND THE THEORY OF THE STATE; INTRODUCTION; WHY PRIVATE OWNERSHIP?
- Residual claimant theoryDispersed knowledge theory; Concluding remarks; POLITICAL ECONOMY OR OWNERSHIP?; Static efficiency: budget constraint; Dynamic efficiency: structural change; ON THE QUESTION OF TRANSITION: MARKET SOCIALISM?; THE POLITICAL ECONOMY OF OWNERSHIP; CONCLUSION; NOTES; BIBLIOGRAPHY; 4 OWNERSHIP AND COMPETITION IN COMMUNITY MARKETS; INTRODUCTION; OWNERSHIP AND MARKET STRUCTURE; PUBLIC OWNERSHIP IN THE EC; EC POLICY TOWARDS PUBLIC OWNERSHIP; OWNERSHIP AND THE NEW COMMUNITY REGIME; THE EC ESI; THE EC ATI; CONCLUSIONS; NOTES; BIBLIOGRAPHY; Part II MARKET STRUCTURE AND REGULATION.
- 5 REGULATING THE PRIVATIZED ELECTRICITY UTILITIES IN THE UKINTRODUCTION; STRUCTURE OF UK ELECTRICITY SUPPLY; THE ECONOMICS OF REGULATION; REGULATORY INSTRUMENTS IN THE UK ELECTRICITY SUPPLY INDUSTRY; PRICE-CAPPING; REGULATORY REVIEW AND THE X-FACTOR; CONCLUSIONS: THE ROLE OF THE REGULATOR; REFERENCES; 6 PRIVATIZATION AND MARKET STRUCTURE IN THE UK GAS INDUSTRY; INTRODUCTION; MARKET STRUCTURE AND PRIVATIZATION; THE PRIVATIZATION OF BRITISH GAS; REGULATORY CHANGE AND PRIVATIZATION; MARKET STRUCTURE; ABUSES OF MARKET POWER; Price discrimination; Pipelines and common carrier rules.
- Profits and the regulatory regimeCOMPETITION REVIEW; CONCLUSIONS; APPENDIX: MAJOR PRIVATIZATIONS AND MARKET STRUCTURES; BIBLIOGRAPHY; 7 PRIVATIZATION OF THE BRITISH UTILITIES; INTRODUCTION; THE CONSEQUENCES OF PRIVATIZATION; The industrial relations consequences of regulation; The industrial relations consequences of the City; DIVERSIFICATION OUT OF 'CORE' SERVICES AND ITS IMPLICATIONS FOR INDUSTRIAL RELATIONS; CHANGING MANAGEMENT CULTURE AND INDUSTRIAL RELATIONS: THE EXAMPLE OF DECENTRALIZATION; CONCLUSIONS; NOTES; REFERENCES; Part III PRIVATIZATION STRATEGIES WITHIN THE PUBLIC SECTOR.