The Political Economy of Privatization [NOOK Book]


This book considers the many facets of the privatization process in advanced industrialised countries, along with the marketization of Eastern Europe, and the pressures on developing countries to adopt privatization as the route to growth.
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The Political Economy of Privatization

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This book considers the many facets of the privatization process in advanced industrialised countries, along with the marketization of Eastern Europe, and the pressures on developing countries to adopt privatization as the route to growth.
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Editorial Reviews

The Scotland conference at which these 21 papers were originally presented was delayed by the coup in Russia, underscoring the volatile relationship of politics and economics which has been fueled by rapid market growth in Eastern Europe and the touting of privatization as the solution for reviving prosperity. These contributors critically examine such assumptions in the areas of ownership, performance, regulation, and privatization strategies in the UK, New Zealand, Japan, Hungary, Poland, Russia, Malaysia, and Tanzania. Not surprisingly, the conclusions regarding private sector efficiency and effectiveness are as varied as the political stabilities in each country. Annotation c. Book News, Inc., Portland, OR (
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Product Details

  • ISBN-13: 9780203984048
  • Publisher: Routledge
  • Publication date: 6/29/1995
  • Sold by: Barnes & Noble
  • Format: eBook
  • File size: 4 MB

Meet the Author

Thomas Clarke is Professor of Coporate Governance at Leeds Buusiness School, Leeds Metropolitan University.
Christos Pitelis is the Barclays Bank Lecturer in Industrial Organization & Corporate Strategy at the Judge Institute of Management Studies and Official Fellow in Economics at Queen's College ,University of Cambridge.
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Table of Contents

List of figures
List of tables
1 Introduction: The Political Economy of Privatization 1
2 Ownership, Organizational Changes and Performance 31
3 Public Ownership and the Theory of the State 54
4 Ownership and Competition in Community Markets 70
5 Regulating the Privatized Electricity Utilities in the UK 93
6 Privatization and Market Structure in the UK Gas Industry 108
7 Privatization of the British Utilities: Regulation, Decentralization and Industrial Relations 125
8 The Political Economy of Competitive Tendering 145
9 EC Public Procurement Directives and the Competition from European Contractors for Local Authority Contracts in the UK 159
10 Between an Ideological Rock and an Organizational Hard Place: NHS Management in the 1980s and 1990s 185
11 The Political Economy of the UK Privatization Programme: A Blueprint for Other Countries? 205
12 Context and Process in Privatization: Canada/Quebec 234
13 Public-Private Relations in Italy: the Experience of the 1980s 273
14 Corporatization and Privatization in New Zealand 308
15 An Analysis of the Privatization of the Japan National Railway Corporation 337
16 Rationale and Optimal Implementation of Privatization Policies: The Case of Greece 360
17 Privatization of Socialist Economies: General Issues and the Polish Case 373
18 Selling Off the State: Privatization in Hungary 391
19 Restructuring Eastern Europe: The Case of Buy-Outs in the USSR 410
20 Privatization in Malaysia: For What and for Whom? 437
21 Privatization in Africa: Prospects for Tanzania 455
Index 475
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