Privatization and Economic Performance

by Bishop, Matthew; Kay, John; Mayer, Colin

• ISBN13: 9780198773436
• ISBN10: 0198773439
• Format: Hardcover
• Copyright: 1994-11-17
• Publisher: Oxford University Press
• More Book Details

Summary

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.

Table of Contents

Preface	p. v
Contributors	p. ix
Introduction Privatization in Performance	p. 1
Privatization: Principles, Problems, and Priorities	p. 15
References	p. 31
Privatization Policies and Public Enterprise: A Survey	p. 32
References	p. 57
Privatization, Restructuring, and Regulatory Reform in Electricity Supply	p. 62
References	p. 88
British Airways: A Turn-Around Anticipating Privatization	p. 89
References	p. 110
Privatization and Regulation of the Water Industry in England and Wales	p. 112
References	p. 135
Gas Regulation and Competition: Substitutes or Complements?	p. 137
Introduction	p. 137
References	p. 161
Introduction	p. 162
Privatization of British Steel	p. 162
References	p. 185
Competitive Tendering and Efficiency: The Case of Refuse Collection	p. 188
Appendix 8.1	p. 204
Appendix 8.2	p. 206
References	p. 207
Delivering Letters: Should It Be Decriminalized?	p. 208
References	p. 224
British Rail: Competition on the Network	p. 225
Railway Privatization	p. 232
References	p. 249
Privatization and Domestic Consumers	p. 251
Conclusions	p. 263
What is the Alternative? Ownership Regulation and the Labour Party	p. 265
References	p. 287
The Costs of Privatization in the Uk and France	p. 290
References	p. 298
Popular Capitalism	p. 299
References	p. 312
Management Buy-Outs and Privatization	p. 313
References	p. 333
Privatization and the Labour Market: Facts, Theory, and Evidence	p. 336
References	p. 350
Privatization in the Uk: Internal Organization and Productive Efficiency	p. 352
References	p. 364
Index	p. 367
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