Economic Reform Deregulation And Privatization

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Wrong Way

Author : Damien Cahill
Publisher : Black Inc.
ISBN 13 : 1743820607
Total Pages : 425 pages
Book Rating : 4.7/5 (438 download)

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Book Synopsis Wrong Way by : Damien Cahill

Download or read book Wrong Way written by Damien Cahill and published by Black Inc.. This book was released on 2018-09-03 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the 1980s, waves of neoliberal ‘economic reform’ have transformed Australia. Privatisation, deregulation, marketisation and the contracting out of government services: for three decades now, there has been widespread agreement among policymakers on the desirability of these strategies. But the benefits of economic reform are increasingly being questioned. Alongside growing voter disenchantment, new voices of dissent argue that instead of efficiency and improved services, economic reform has led to unaccountable oligopolies, increased prices, reduced productivity and degradation of the public good. In Wrong Way, Australia’s leading economists and public intellectuals do a cost–benefit analysis of economic reform across key areas. Have these reforms been worthwhile for the Australian community and its economy? Have they given us a better society, as promised? ‘Has privatisation led to more productivity-enhancing competition? Has deregulation increased economic welfare in energy, finance, health, education and labour markets? Does the lived experience of Australians measure up to the promise of economic reform? The authors answer these questions with conclusions that are both compelling and disturbing.’——Emeritus professor Roy Green, University of Technology Sydney Damien Cahill & Phillip Toner on Economic Reform Stephen Duckett on Private Health Insurance Elizabeth Hill & Matt Wade on Early Childhood Education And Care Phillip Toner on Vocational Education And Training Jane Andrew & Max Baker on Prisons Bob Davidson on Aged Care Paul Davies on Public Sector Engineering Sue Olney & Wilma Gallet on Employment Services John Quiggin on Electricity Jim Stanford on Labour Markets Evan Jones on Banking Peter Phibbs & Nicole Gurran on Housing Lee Ridge on The NBN Ben Spies-Butcher & Gareth Bryant on Universities Michael Beggs on Monetary Policy And Unemployment John Quiggin on Productivity Peter Brain on Orthodox Economic Models Patricia Ranald on Free Trade David Richardson on Foreign Investment Frank Stilwell on Inequality

Reforming Infrastructure

Author : Ioannis Nicolaos Kessides
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 328 pages
Book Rating : 4.3/5 (555 download)

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Book Synopsis Reforming Infrastructure by : Ioannis Nicolaos Kessides

Download or read book Reforming Infrastructure written by Ioannis Nicolaos Kessides and published by World Bank Publications. This book was released on 2004 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Electricity, natural gas, telecommunications, railways, and water supply, are often vertically and horizontally integrated state monopolies. This results in weak services, especially in developing and transition economies, and for poor people. Common problems include low productivity, high costs, bad quality, insufficient revenue, and investment shortfalls. Many countries over the past two decades have restructured, privatized and regulated their infrastructure. This report identifies the challenges involved in this massive policy redirection. It also assesses the outcomes of these changes, as well as their distributional consequences for poor households and other disadvantaged groups. It recommends directions for future reforms and research to improve infrastructure performance, identifying pricing policies that strike a balance between economic efficiency and social equity, suggesting rules governing access to bottleneck infrastructure facilities, and proposing ways to increase poor people's access to these crucial services.

Last Exit

Author : Clifford Winston
Publisher : Brookings Institution Press
ISBN 13 : 0815704739
Total Pages : 201 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis Last Exit by : Clifford Winston

Download or read book Last Exit written by Clifford Winston and published by Brookings Institution Press. This book was released on 2010 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Proposes experiments in deregulating and privatizing the country's transportation systems to rid them of inefficiencies and significantly improve their performance in moving goods and people around the United States; the book covers roads, airports and airport traffic control, mass transit, intercity buses and railway networks"--Provided by publisher.

Economic Growth in the 1990s

Author : World Bank
Publisher : World Bank Publications
ISBN 13 : 9780821360439
Total Pages : 384 pages
Book Rating : 4.3/5 (64 download)

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Book Synopsis Economic Growth in the 1990s by : World Bank

Download or read book Economic Growth in the 1990s written by World Bank and published by World Bank Publications. This book was released on 2005 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report was prepared by a team led by Roberto Zagha, under the general direction of Gobind Nankani.

Economic Regulation and Its Reform

Author : Nancy L. Rose
Publisher : University of Chicago Press
ISBN 13 : 022613816X
Total Pages : 619 pages
Book Rating : 4.2/5 (261 download)

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Book Synopsis Economic Regulation and Its Reform by : Nancy L. Rose

Download or read book Economic Regulation and Its Reform written by Nancy L. Rose and published by University of Chicago Press. This book was released on 2014-08-29 with total page 619 pages. Available in PDF, EPUB and Kindle. Book excerpt: The past thirty years have witnessed a transformation of government economic intervention in broad segments of industry throughout the world. Many industries historically subject to economic price and entry controls have been largely deregulated, including natural gas, trucking, airlines, and commercial banking. However, recent concerns about market power in restructured electricity markets, airline industry instability amid chronic financial stress, and the challenges created by the repeal of the Glass-Steagall Act, which allowed commercial banks to participate in investment banking, have led to calls for renewed market intervention. Economic Regulation and Its Reform collects research by a group of distinguished scholars who explore these and other issues surrounding government economic intervention. Determining the consequences of such intervention requires a careful assessment of the costs and benefits of imperfect regulation. Moreover, government interventions may take a variety of forms, from relatively nonintrusive performance-based regulations to more aggressive antitrust and competition policies and barriers to entry. This volume introduces the key issues surrounding economic regulation, provides an assessment of the economic effects of regulatory reforms over the past three decades, and examines how these insights bear on some of today’s most significant concerns in regulatory policy.

The World Bank Research Observer

Author :
Publisher :
ISBN 13 :
Total Pages : 300 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis The World Bank Research Observer by :

Download or read book The World Bank Research Observer written by and published by . This book was released on 2003 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Public Sector Reform

Author : Jan-Erik Lane
Publisher : SAGE
ISBN 13 : 085702616X
Total Pages : 322 pages
Book Rating : 4.8/5 (57 download)

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Book Synopsis Public Sector Reform by : Jan-Erik Lane

Download or read book Public Sector Reform written by Jan-Erik Lane and published by SAGE. This book was released on 1997-12-12 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: Deregulation, privatization and marketization have become the bywords for the reforms and debates surrounding the public sector. This major book is unique in its comparative analysis of the reform experience in Western and Eastern Europe, Australia, New Zealand and Canada. Leading experts identify a number of key factors to systematically explain the similarities and differences, map common problems and together reflect on the future shape of the public sector, exploring significant themes in a lively and accessible way.

Regulation and Deregulation

Author : Jules Backman
Publisher :
ISBN 13 :
Total Pages : 200 pages
Book Rating : 4.:/5 (321 download)

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Book Synopsis Regulation and Deregulation by : Jules Backman

Download or read book Regulation and Deregulation written by Jules Backman and published by . This book was released on 1981 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt:

New Perspectives on Regulation

Author : David A. Moss
Publisher : The Tobin Project
ISBN 13 : 0982478801
Total Pages : 169 pages
Book Rating : 4.9/5 (824 download)

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Book Synopsis New Perspectives on Regulation by : David A. Moss

Download or read book New Perspectives on Regulation written by David A. Moss and published by The Tobin Project. This book was released on 2009 with total page 169 pages. Available in PDF, EPUB and Kindle. Book excerpt: As an experiment in reconnecting academia to the broader democracy, this work is designed to invigorate public policy debate by rededicating academic work to the pursuit of solutions to society's great problems.

The Politics of Free Markets

Author : Monica Prasad
Publisher : University of Chicago Press
ISBN 13 : 0226679020
Total Pages : 339 pages
Book Rating : 4.2/5 (266 download)

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Book Synopsis The Politics of Free Markets by : Monica Prasad

Download or read book The Politics of Free Markets written by Monica Prasad and published by University of Chicago Press. This book was released on 2006-07-17 with total page 339 pages. Available in PDF, EPUB and Kindle. Book excerpt: The attempt to reduce the role of the state in the market through tax cuts, decreases in social spending, deregulation, and privatization—“neoliberalism”—took root in the United States under Ronald Reagan and in Britain under Margaret Thatcher. But why did neoliberal policies gain such prominence in these two countries and not in similarly industrialized Western countries such as France and Germany? In The Politics of Free Markets, a comparative-historical analysis of the development of neoliberal policies in these four countries,Monica Prasad argues that neoliberalism was made possible in the United States and Britain not because the Left in these countries was too weak, but because it was in some respects too strong. At the time of the oil crisis in the 1970s, American and British tax policies were more punitive to business and the wealthy than the tax policies of France and West Germany; American and British industrial policies were more adversarial to business in key domains; and while the British welfare state was the most redistributive of the four, the French welfare state was the least redistributive. Prasad shows that these adversarial structures in the United States and Britain created opportunities for politicians to find and mobilize dissatisfaction with the status quo, while the more progrowth policies of France and West Germany prevented politicians of the Right from anchoring neoliberalism in electoral dissatisfaction.

Regulatory Capitalism

Author : John Braithwaite
Publisher : Edward Elgar Publishing
ISBN 13 : 1848441266
Total Pages : 261 pages
Book Rating : 4.8/5 (484 download)

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Book Synopsis Regulatory Capitalism by : John Braithwaite

Download or read book Regulatory Capitalism written by John Braithwaite and published by Edward Elgar Publishing. This book was released on 2008 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this sprawling and ambitious book John Braithwaite successfully manages to link the contemporary dynamics of macro political economy to the dynamics of citizen engagement and organisational activism at the micro intestacies of governance practices. This is no mean feat and the logic works. . . Stephen Bell, The Australian Journal of Public Administration Everyone who is puzzled by modern regulocracy should read this book. Short and incisive, it represents the culmination of over twenty years work on the subject. It offers us a perceptive and wide-ranging perspective on the global development of regulatory capitalism and an important analysis of points of leverage for democrats and reformers. Christopher Hood, All Souls College, Oxford, UK It takes a great mind to produce a book that is indispensable for beginners and experts, theorists and policymakers alike. With characteristic clarity, admirable brevity, and his inimitable mix of description and prescription, John Braithwaite explains how corporations and states regulate each other in the complex global system dubbed regulatory capitalism. For Braithwaite aficionados, Regulatory Capitalism brings into focus the big picture created from years of meticulous research. For Braithwaite novices, it is a reading guide that cannot fail to inspire them to learn more. Carol A. Heimer, Northwestern University, US Reading Regulatory Capitalism is like opening your eyes. John Braithwaite brings together law, politics, and economics to give us a map and a vocabulary for the world we actually see all around us. He weaves together elements of over a decade of scholarship on the nature of the state, regulation, industrial organization, and intellectual property in an elegant, readable, and indispensable volume. Anne-Marie Slaughter, Princeton University, US Encyclopedic in scope, chock full of provocative even jarring claims, Regulatory Capitalism shows John Braithwaite at his transcendental best. Ian Ayres, Yale Law School, Yale University, US Contemporary societies have more vibrant markets than past ones. Yet they are more heavily populated by private and public regulators. This book explores the features of such a regulatory capitalism, its tendencies to be cyclically crisis-ridden, ritualistic and governed through networks. New ways of thinking about resultant policy challenges are developed. At the heart of this latest work by John Braithwaite lies the insight by David Levi-Faur and Jacint Jordana that the welfare state was succeeded in the 1970s by regulatory capitalism. The book argues that this has produced stronger markets, public regulation, private regulation and hybrid private/public regulation as well as new challenges such as a more cyclical quality to crises of market and governance failure, regulatory ritualism and markets in vice. However, regulatory capitalism also creates opportunities for better design of markets in virtue such as markets in continuous improvement, privatized enforcement of regulation, open source business models, regulatory pyramids with networked escalation and meta-governance of justice. Regulatory Capitalism will be warmly welcomed by regulatory scholars in political science, sociology, history, economics, business schools and law schools as well as regulatory bureaucrats, policy thinkers in government and law and society scholars.

Privatization

Author : John R. Nellis
Publisher : World Bank Publications
ISBN 13 : 9780821321812
Total Pages : 100 pages
Book Rating : 4.3/5 (218 download)

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Book Synopsis Privatization by : John R. Nellis

Download or read book Privatization written by John R. Nellis and published by World Bank Publications. This book was released on 1992-01-01 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: Governance, as defined by the World Bank in its 1992 report, Governance and Development, is the manner in which power is exercised in the management of a country's economic and social resources for development. The report deemed it is within the Bank's mandate to focus on the following: -the process by which authority is exercised in the management of a country's economic and social resources -the capacity of governments to design, formulate, and implement policies and discharge functions. Also available: Governance: The World Bank's Experience (ISBN 0-8213-2804-2) Stock No. 12804.

Transportation Policy and Economic Regulation

Author : John Bitzan
Publisher : Academic Press
ISBN 13 : 0128126213
Total Pages : 380 pages
Book Rating : 4.1/5 (281 download)

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Book Synopsis Transportation Policy and Economic Regulation by : John Bitzan

Download or read book Transportation Policy and Economic Regulation written by John Bitzan and published by Academic Press. This book was released on 2018-04-14 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transportation Policy and Economic Regulation: Essays in Honor of Theodore Keeler addresses a number of today's important transportation policy issues, exploring a variety of transportation modes, and examining the policy implications of a number of alternatives. Theodore Keeler had a distinguished career in transportation economics, helping to shape regulatory policies concerning the transportation industries and assessing the appropriateness of various policies. A distinguishing feature of his work is that it always had policy implications. As a tribute to Theodore Keeler, this book examines transportation policy issues across a variety of transportation industries, including aviation, railroads, highways, motor carrier transport, automobiles, urban transit, and ocean shipping. The book evaluates the economic impact and effectiveness of various policies, employing empirical analyses and new estimation techniques, such as Bayesian analysis. The book is designed for transportation professionals and researchers, as well as transportation economics students, providing an in-depth analysis of some of today's important transportation policy issues. Policy changes established in the last 35-40 years have introduced profound changes in the business environment of the transportation industry. Past policy changes promoted the free market's role in setting prices and determining service availability. While 21st century policy has focused on a variety of other issues, such as safety, road and air congestion, productivity growth, labor relations and exhaust emission, many still promote the role of competition. In addition to examining various transportation policy issues in the U.S., the book explores some approaches to dealing with transportation issues in different parts of the world. Contemporary transportation policy debates have broadened from their initial focus of primarily examining the merits of reforming economic regulations at national levels, to now examining a variety of issues such as alternative methods of social regulation (such as safety regulation and emission controls), new approaches to changing economic regulations, the potential for reforming international regulations, and the appropriate role for government in transportation. - Examines transportation policy developments across a variety of modes, including some international analysis - Shows how new policy changes, such as changes in regulation, affect overall transportation system performance - Features chapters that use innovative methodologies, such as Bayesian techniques, qualitative analysis, and an attribute-incorporated Malmquist productivity index - Examines the ways that policy impacts depend on a variety of factors, and shows how economic tools can be used to gain greater insights into the likely impacts of policy and the desirability of various policies - Analyzes transport prices, quality of service, safety, the use of information technology and operating issues, highlighting how transportation enhances quality of life

Privatisation in India

Author : T.T. Ram Mohan
Publisher : Routledge
ISBN 13 : 1134321686
Total Pages : 248 pages
Book Rating : 4.1/5 (343 download)

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Book Synopsis Privatisation in India by : T.T. Ram Mohan

Download or read book Privatisation in India written by T.T. Ram Mohan and published by Routledge. This book was released on 2013-01-11 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past decade India has been undertaking a programme of economic reform, and at the same time the economy has been growing at a high rate. As part of the reform programme, and in line with prevailing economic thinking, India has been privatising its large, ungainly public sector. One assumption underlying this programme is the dogma that public sector enterprises are doomed to inefficiency, and that competitive market forces can be relied on to make firms more efficient once they are privatised. But is this really true? Combining rigorous data analysis with case studies to provide a balanced evaluation of the process of deregulation and privatisation within the overall context of economic reforms, the author demonstrates, remarkably, that, contrary to the prevailing view, private sector firms do not outperform public sector firms across all sectors. He also shows that revenue-raising considerations have weighed more heavily with the government than efficiency objectives. Overall, this study of the reform process in India, with its unique longstanding mix of private and public sectors, will be of great interest to all those studying reform and transition worldwide.

The End of Laissez-Faire?

Author : Damien Cahill
Publisher : Edward Elgar Publishing
ISBN 13 : 178100028X
Total Pages : 213 pages
Book Rating : 4.7/5 (81 download)

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Book Synopsis The End of Laissez-Faire? by : Damien Cahill

Download or read book The End of Laissez-Faire? written by Damien Cahill and published by Edward Elgar Publishing. This book was released on 2014-07-31 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt: øWhen the global financial crisis hit in 2007, many commentators thought it heralded the end of neoliberalism. Several years later, neoliberalism continues to dominate policy making. This book sets out why such commentators got it so wrong, and why neo

Washington Consensus, The: A Critical Evaluation Of The Principles And Implications For Economic Development

Author : Imad A Moosa
Publisher : World Scientific
ISBN 13 : 9811236798
Total Pages : 371 pages
Book Rating : 4.8/5 (112 download)

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Book Synopsis Washington Consensus, The: A Critical Evaluation Of The Principles And Implications For Economic Development by : Imad A Moosa

Download or read book Washington Consensus, The: A Critical Evaluation Of The Principles And Implications For Economic Development written by Imad A Moosa and published by World Scientific. This book was released on 2021-07-02 with total page 371 pages. Available in PDF, EPUB and Kindle. Book excerpt: The objective of the book is to evaluate critically the ten principles of the Washington Consensus, which govern the conditionality provisions of the IMF and World Bank, and guide the so-called economic reform in developing countries. The book starts with an overview of the Consensus, followed by a chapter on IMF conditionality and how they are related. Since the Consensus is inherently neoliberal, a chapter is devoted to a critique of the free market doctrine and the concept of economic freedom as seen by free marketeers. The ten principles of the Washington Consensus (referred to as the 'ten commandments') are divided into four groups: fiscal reform, interest and exchange rate policies, liberalization of trade and foreign direct investment, and privatization and deregulation (including property rights).The book is written in the normative tradition of what ought to be, as opposed to the positive tradition of what is. While it may be tempting to describe the work as 'polemic', the underlying issues contain such a significant moral component that pretending to be neutral would be a betrayal of justice and morality. In essence, the arguments put forward in the book are intended to dismantle, discredit and debunk a set of principles that are effectively used to loot developing countries.

The Power of Economists within the State

Author : Johan Christensen
Publisher : Stanford University Press
ISBN 13 : 1503601854
Total Pages : 290 pages
Book Rating : 4.5/5 (36 download)

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Book Synopsis The Power of Economists within the State by : Johan Christensen

Download or read book The Power of Economists within the State written by Johan Christensen and published by Stanford University Press. This book was released on 2017-04-11 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: The spread of market-oriented reforms has been one of the major political and economic trends of the late twentieth and early twenty-first centuries. Governments have, to varying degrees, adopted policies that have led to deregulation: the liberalization of trade; the privatization of state entities; and low-rate, broad-base taxes. Yet some countries embraced these policies more than others. Johan Christensen examines one major contributor to this disparity: the entrenchment of U.S.-trained, neoclassical economists in political institutions the world over. While previous studies have highlighted the role of political parties and production regimes, Christensen uses comparative case studies of New Zealand, Ireland, Norway, and Denmark to show how the influence of economists affected the extent to which each nation adopted market-oriented tax policies. He finds that, in countries where economic experts held powerful positions, neoclassical economics broke through with greater force. Drawing on revealing interviews with 80 policy elites, he examines the specific ways in which economists shaped reforms, relying on an activist approach to policymaking and the perceived utility of their science to drive change.