The challenges of privatization
an international analysis
- ISBN: 9780199249343
- Editorial: Oxford University Press
- Fecha de la edición: 2004
- Lugar de la edición: Oxford. Reino Unido
- Encuadernación: Cartoné
- Medidas: 24 cm
- Nº Pág.: 160
- Idiomas: Inglés
This book provides the first systematic empirical analysis of privatization processes worldwide to explain how and why governments privatize, and whether privatization has proved successful or not. Privatization is shown to be a difficult process, shaped by political preferences and budgetary constraints, often pursued in the absence of suitable economic and legal institutions. As a result, in most cases, the process has been partial and incomplete, so that private ownership tends to coexist with public control. ÍNDICE: 1.The Economic Theory of Privatization.2.Privatization Around the World. 3.The Determinants of Privatization.4.How do Governments Privatize?.5.Private Ownership, Public Control.6.Privatizing Monopolies. Conclusions:Appendix I: Data and Methodology.Appendix 2: Importing Investor Protection. Appendix 3: Golden Shares Around the World.
