Privatization: An Economic Analysis (Regulation of Economic Activity) (M I T PRESS SERIES ON THE REGULATION OF ECONOMIC ACTIVITY) - Hardcover
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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Privatization : An Economic Analysis
Published by
MIT Press, 1988
ISBN 10: 0262220334
ISBN 13: 9780262220330
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Privatization : An Economic Analysis
Published by
MIT Press, 1988
ISBN 10: 0262220334
ISBN 13: 9780262220330
Used
Hardcover
First Edition
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Privatization: An Economic Analysis (MIT Press Series on the Regulation of Economic Activity)
Published by
MIT Press, 1988
ISBN 10: 0262220334
ISBN 13: 9780262220330
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Privatization: An Economic Analysis
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Privatization: An Economic Analysis
Published by
The MIT Press, Cambridge, Massachusetts & London, 1989
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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Privatization : an economic analysis. (MIT Press series on the regulation of economic activity; 18). Ex-Library.
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MIT Press, Cambridge, Mass. & London, 1991
ISBN 10: 0262220334
ISBN 13: 9780262220330
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Hardcover. Condition: Good. xii, 454 p. Seller Inventory # GU1982