Privatization: An Economic Analysis (Mit Press Series on the Regulation of Economic Activity, 18) - Softcover

Vickers, John Stuart Stuart; Yarrow, George

 
9780262720113: Privatization: An Economic Analysis (Mit Press Series on the Regulation of Economic Activity, 18)
Softcover
ISBN 10: 0262720116 ISBN 13: 9780262720113
Verlag: MIT Press, 1988

Inhaltsangabe

This comprehensive analysis of the British privatization program offers insights into recent policies on privatization, competition, and regulation in a country that has by far the greatest experience with this growing worldwide phenomenon. The process of selling assets and enterprises to the private sector raises theoretical questions about natural monopolies, the efficiency and equity of state owned versus privately-owned enterprises, and industrial policy. Privatization explores these questions both theoretically and empirically. After providing theoretical perspectives on the economics of ownership, competition, and regulation, the authors assess privatization policies in key industries: telecommunications, energy, transport, and water. They argue that the government's haste to transfer ownership reflects a misplaced priority, and that the main thrust of policy should be to improve industrial efficiency by stimulating competition and, providing effective regulation. John Vickers is Roy Harrod Fellow in the Economics of Business and Public Policy at Nuffield College, Oxford. George Yarrow is a Fellow and Tutor in Economics at Hertford College, Oxford, and Oxford University Lecturer in the Economics of the Firm. Privatization: An Economic Analysis is included in the series Regulation of Economic Activity, edited by Richard Schmalensee.

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Über die Autorin bzw. den Autor

George Yarrow is Director of the Oxford based Regulatory Policy Institute, an independent, charitable organization dedicated to the study of all aspects of regulation and deregulation. He is also an Emeritus Fellow of Hertford College, Oxford.

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Verlag
MIT Press
Erscheinungsdatum
1988
Sprache
Englisch
ISBN 10 
0262720116
ISBN 13 
9780262720113
Einband
Taschenbuch
Anzahl der Seiten
474
Kontakt zum Hersteller
Nicht verfügbar
Verantwortliche Person
Nicht verfügbar

Weitere beliebte Ausgaben desselben Titels

9780262220330: Privatization: An Economic Analysis (M I T PRESS SERIES ON THE REGULATION OF ECONOMIC ACTIVITY)

Vorgestellte Ausgabe

ISBN 10:  0262220334 ISBN 13:  9780262220330
Verlag: MIT Press, 1988
Hardcover