The Privatization Process A Worldwide Perspective

by Anderson, Terry L.; Hill, Peter J.; Alston, Lee J.; Benjamin, Daniel K.; Hazlett, Thomas W.; Hide, Rodney; Karner, Margé; Libecap, Gary D.; McShane, Owen; Megginson, William L.; Nash, Robert C.; North, Douglass C.; Poole, Robert W., Jr.; Rubin, Paul H.; S

• ISBN13: 9780847681877
• ISBN10: 0847681874
• Format: Paperback
• Copyright: 1996-05-22
• Publisher: Rowman & Littlefield Publishers

Summary

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.

Table of Contents

Tables and Figures
Acknowledgments
Introduction: The Political Economy of Privatization
Privatization for Economic Development	p. 1
The Missing Ingredient: What poor Countries Will Need to Make Their Markets Work	p. 19
Privatization, Incentives, and Economic Performance	p. 25
Taxation, Enforcement Costs, and the Incentives to Privatize	p. 39
Growing a Post-Communist Legal System	p. 57
Spontaneous Privatization in Transition Economies	p. 81
Bottom-up Privatization: The Czech Experience	p. 97
The Financial and Operating Performance of Newly Privatized Firms: An International Empirical Analysis	p. 115
Politics and Property Rights: China's Reform Experiences	p. 155
Between Mercantilism and Markets: An Analysis of Privatization in Mexico	p. 177
The Demand and Supply of Property Rights on the Frontier: the Case of North America and Brazil	p. 203
Can Privatization Succeed in a Western Democracy? Lessons from New Zealand	p. 237
Index	p. 257
About the Political Economy Forum and the Authors	p. 265
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