Privatization and Economic Performance (Hardcover)

Matthew Bishop

ISBN 10: 0198773439 / ISBN 13: 9780198773436

Published by Oxford University Press, Oxford, 1994

About this Item

Hardcover. One of the most enduring legacies of the 1980s has been the programme of privatizations that the Thatcher government set in train in the first half of the decade. Whole sectors of the UK economy which were formerly part of the public sector were sold off to the private sector. Some were bought out by their employees; others were bought by the public at large. Some public services were contracted out to the private sector; others were placed on a more commercialfooting. The UK privatization programme had an influence on economic policy throughout the world. Privatization programmes were initiated in Asia, South America, and Africa, as wellas Europe and North America. The most recent to experiment with privatizations have been the East European countries which have seen privatization as the fastest route to move from socialism to capitalism. The purpose of this book is to stand back and examine what has been learnt from the extensive programme of privatization that the UK government has completed, and to consider what aspects of privatization remain to be done. This book attempts to evaluate differentsectors of the UK economy over the past 10 years. It examines what has happened and why, where have been the successes and failures, what lessons can be learnt for the design of privatization programmeselsewhere and what can the UK government still can do usefully in this area. An examination of the privatizations set in train by the Thatcher government of the 1980s, and the way that they have influenced economic policy throughout the world - most recently in Eastern Europe as it moves away from socialism towards capitalism. The book assesses what has been learnt from the privatization programme, and considers the future. Shipping may be from multiple locations in the US or from the UK, depending on stock availability.

Seller Inventory # 9780198773436

Bibliographic Details

• Title: Privatization and Economic Performance (Hardcover)
• Publisher: Oxford University Press, Oxford
• Publication Date: 1994
• Language: English
• ISBN 10: 0198773439
• ISBN 13: 9780198773436
• Binding: Hardcover
• Condition: new

About this title

Synopsis

This collection looks at one of the most enduring legacies of the 1980s in Britain--the program of privitizations that the Thatcher government set moving in the first half of the decade, in which whole sectors of the UK economy which were formerly part of the public sector were sold off to the private sector. These programs have influenced economic policy throughout the world, most recently in Eastern Europe. The contributors here examine and evaluate what has been learned from the programs now completed, and what remains to be done.

About the Author

John Kay is at London Business School.