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Privatization: An Economic Analysis (Regulation of Economic Activity) (M I T PRESS SERIES ON THE REGULATION OF ECONOMIC ACTIVITY) - Hardcover

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

Synopsis

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.

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About the Author

Sir John Vickers is Drummond Professor of Political Economy at Oxford University.

Review

"This book should be required discomfort for the Government'sarmy of advisers, and is guaranteed to give sleepless nightsto any potential regulator." Max Wilkinson , Financial Times

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  • PublisherMit Pr
  • Publication date1988
  • ISBN 10 0262220334
  • ISBN 13 9780262220330
  • BindingHardcover
  • LanguageEnglish
  • Edition number1
  • Number of pages469

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9780262720113: Privatization: An Economic Analysis (Regulation of Economic Activity) (Mit Press Series on the Regulation of Economic Activity, 18)

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ISBN 10:  0262720116 ISBN 13:  9780262720113
Publisher: MIT Press, 1988
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Vickers, John, Yarrow, George
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ISBN 10: 0262220334 ISBN 13: 9780262220330
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Vickers, John, Yarrow, George
Published by MIT Press, 1988
ISBN 10: 0262220334 ISBN 13: 9780262220330
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Published by MIT Press, 1988
ISBN 10: 0262220334 ISBN 13: 9780262220330
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Hardcover. Condition: Good. Dust Jacket Included. 1st Edition. Thirteen margins have annotation mark(s), mostly a short vertical line; otherwise tight, body of text clean; spine is a bit cocked; back panel of dust jacket has faint scratches. xii, [2], 454 p. [B2:5:5]. Seller Inventory # 206555

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ISBN 10: 0262220334 ISBN 13: 9780262220330
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Condition: Poor. This is an ex-library book and may have the usual library/used-book markings inside.This book has hardback covers. In poor condition, suitable as a reading copy. No dust jacket. Re-bound by library. Please note the Image in this listing is a stock photo and may not match the covers of the actual item,950grams, ISBN:0262220334. Seller Inventory # 9099925

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ISBN 10: 0262220334 ISBN 13: 9780262220330
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Hard Cover. Condition: Very Good. Dust Jacket Condition: Very Good. This book is the second printing of the 1988 edition. The dust jacket is wrapped in plastic with a few small tears. The page edges have light foxing, as do the front and back pages. The front page is signed in pen by a previous owner. 454 pages, Books listed here are not stored at the shop. Please contact us if you want to pick up a book from Newtown. Size: Size F: 9"-10" Tall (228-254mm). Seller Inventory # 140882

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