The Privatization Process: A Worldwide Perspective

by Lee J. Alston (Contribution by), Daniel K. Benjamin (Contribution by), Thomas W. Hazlett (Contribution by), Rodney Hide (Contribution by), Marg Karner (Contribution by)

Overview

Future historians will undoubtedly describe the 1980s and 1990s as the era of privatization, when an unprecedented amount of worldwide control was transferred from the public sector to private ownership. This dynamic process, fueled by the fall of communist regimes across Eastern Europe and the Soviet Union, is currently among the most hotly debated topics in the U.S. policy community. This volume examines the promises and pitfalls of national and global privatization, providing a variety of perspectives on how privatization can best be achieved. Supported by a wealth of empirical evidence, the contributors assess the institutional changes and economic impact of this worldwide phenomenon.

Product Details

ISBN-13:	9780847681877
Publisher:	Bloomsbury Academic
Publication date:	05/22/1996
Series:	The Political Economy Forum
Edition description:	New Edition
Pages:	274
Product dimensions:	6.00(w) x 8.48(h) x 0.63(d)

About the Author

Terry L. Anderson is professor of economics at Montana State University and executive director of PERC. Peter J. Hill is professor of economics at Wheaton College, Wheaton, Illinois, and senior associate at PERC.

Table of Contents

Chapter 1 Introduction: The Political Economy of Privatization
Chapter 2 Privatization for Economic Development
Chapter 3 The Missing Ingredient: What Poor Countries Will Need to Make Their Markets Work
Chapter 4 Privatization, Incentives, and Economic Performance
Chapter 5 Taxation, Enforcement Costs, and the Incentives to Privatize
Chapter 6 Growing a Post-Communist Legal System
Chapter 7 Spontaneous Privatization in Transition Economies
Chapter 8 Bottom-up Privatization: The Czech Experience
Chapter 9 The Financial and Operating Performance of Newly Privatized Firms: An International Empirical Analysis
Chapter 10 Politics and Property Rights: China's Reform Experiences
Chapter 11 Between Mercantilism and Markets: An Analysis of Privatization in Mexico
Chapter 12 The Demand and Supply of Property Rights on the Frontier: The Case of North America and Brazil
Chapter 13 Can Privatization Succeed in a Western Democracy? Lessons From New Zealand