Privatization Experiences in the European Union (CESifo Seminar Series) Book PDF, ePub eBook

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Book Descriptions:

The trend toward privatization, which began with privatization
experiments in the UK under Margaret Thatcher and the deregulation of the
telecommunications sector in the United States, has attracted the attention of
policymakers over the past two decades. Privatization is broadly supported by most
academic economists, but the results of actual privatization efforts seem mixed. In
the UK, for example, telecom rates fell sharply after privatization, but privatized
rail service was widely perceived to have declined dramatically in quality. In this
CESifo volume, international experts examine the experiences of 10 EU countries,
evaluating the real outcomes of privatization policies in Austria, Denmark, Finland,
France, Germany, Ireland, Italy, the Netherlands, Spain, and the UK.The effects of
privatization--which includes not only changes in ownership of public activitiesand
entities but also liberalization of markets and deregulation--are difficult to
distinguish from the effects of other economywide influences. The studies in this
volume meet this methodological challenge by using a well-defined set of criteria,
including reducing consumer prices, increasing quantity, and improving quality, by
which to make their assessments. Background chapters provide a conceptual framework
for considering the issues.Contributors:Pablo Arocena, Sean D. Barrett, Ansgar
Belke, Michel Berne, Henrik Christoffersen, Andrea Goldstein, Günter Knieps, David
Newbery, Martin Paldam, David Parke,r Gérard Pogorel, Friedrich Schneider, Eric van
Damme, Ingo Vogelsang, Johan Willner

Privatization Experiences in the European Union (CESifo Seminar Series)

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