The Privatization Process: A Worldwide Perspective / Edition 1

by Terry L. Anderson, Peter J. Hill, Lee J. Alston, Daniel K. Benjamin, Thomas W. Hazlett

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:	Rowman & Littlefield Publishers, Inc.
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