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How Governments Privatize
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Book Synopsis How Governments Privatize by : Mark Cassell
Download or read book How Governments Privatize written by Mark Cassell and published by Georgetown University Press. This book was released on 2003-08-01 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: Governments throughout the world confront enormous challenges when divesting. Whether it is poor-performing bank loans in Japan and Korea, military bases in the United States, or real estate in eastern Europe, the challenge of public divestment is more than just a question of how to map a path to economic efficiency. Conventional wisdom in public management and privatization literature says that the execution of such enormous tasks as divestment is typically done poorly, and that the government strategy is likely to be inefficient. Mark Cassell argues that privatization must be understood as a political and administrative puzzle rather than simply an exercise in economic efficiency. This study of two successful divestment agencies — the U.S. Resolution Trust Corporation and the German Treuhandanstalt — presents a complex understanding of the two agencies' performance in privatizing hundreds of billions of dollars of assets following two very different crises, the savings and loan debacle in the United States and unification in Germany. In the U.S., the worst economic problem since the Great Depression forced the government to recreate and reshape private property on an immense scale. In Germany, melding East and West Germany involved converting an entire national economy that employed more than four million people. In each case, unassuming public agencies handled two of the largest public sales of assets in this century. Cassell identifies the importance and effects of managerial structures and of national institutions — legislatures and executives — on the outcomes of the reform efforts. This book will be of interest to those interested in alternatives to traditional public-sector structures, electoral connections to bureaucracies, comparative political economy, and the historic events of the aftermath of the savings and loan crisis and German unification. It is crucial reading for policy and public administration practitioners and scholars alike.
Book Synopsis The Privatization of Everything by : Donald Cohen
Download or read book The Privatization of Everything written by Donald Cohen and published by The New Press. This book was released on 2021-11-23 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book the American Prospect calls “an essential resource for future reformers on how not to govern,” by America’s leading defender of the public interest and a bestselling historian “An essential read for those who want to fight the assault on public goods and the commons.” —Naomi Klein A sweeping exposé of the ways in which private interests strip public goods of their power and diminish democracy, the hardcover edition of The Privatization of Everything elicited a wide spectrum of praise: Kirkus Reviews hailed it as “a strong, economics-based argument for restoring the boundaries between public goods and private gains,” Literary Hub featured the book on a Best Nonfiction list, calling it “a far-reaching, comprehensible, and necessary book,” and Publishers Weekly dubbed it a “persuasive takedown of the idea that the private sector knows best.” From Diane Ravitch (“an important new book about the dangers of privatization”) to Heather McGhee (“a well-researched call to action”), the rave reviews mirror the expansive nature of the book itself, covering the impact of privatization on every aspect of our lives, from water and trash collection to the justice system and the military. Cohen and Mikaelian also demonstrate how citizens can—and are—wresting back what is ours: A Montana city took back its water infrastructure after finding that they could do it better and cheaper. Colorado towns fought back well-funded campaigns to preserve telecom monopolies and hamstring public broadband. A motivated lawyer fought all the way to the Supreme Court after the state of Georgia erected privatized paywalls around its legal code. “Enlightening and sobering” (Rosanne Cash), The Privatization of Everything connects the dots across a wide range of issues and offers what Cash calls “a progressive voice with a firm eye on justice [that] can carefully parse out complex issues for those of us who take pride in citizenship.”
Book Synopsis The Privatized State by : Chiara Cordelli
Download or read book The Privatized State written by Chiara Cordelli and published by Princeton University Press. This book was released on 2020-11-24 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why government outsourcing of public powers is making us less free Many governmental functions today—from the management of prisons and welfare offices to warfare and financial regulation—are outsourced to private entities. Education and health care are funded in part through private philanthropy rather than taxation. Can a privatized government rule legitimately? The Privatized State argues that it cannot. In this boldly provocative book, Chiara Cordelli argues that privatization constitutes a regression to a precivil condition—what philosophers centuries ago called "a state of nature." Developing a compelling case for the democratic state and its administrative apparatus, she shows how privatization reproduces the very same defects that Enlightenment thinkers attributed to the precivil condition, and which only properly constituted political institutions can overcome—defects such as provisional justice, undue dependence, and unfreedom. Cordelli advocates for constitutional limits on privatization and a more democratic system of public administration, and lays out the central responsibilities of private actors in contexts where governance is already extensively privatized. Charting a way forward, she presents a new conceptual account of political representation and novel philosophical theories of democratic authority and legitimate lawmaking. The Privatized State shows how privatization undermines the very reason political institutions exist in the first place, and advocates for a new way of administering public affairs that is more democratic and just.
Book Synopsis The Right Privatization by : Sergio G. Lazzarini
Download or read book The Right Privatization written by Sergio G. Lazzarini and published by Cambridge University Press. This book was released on 2022-04-07 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt: Privatization requires the presence of capable governments setting clear goals, addressing potential hazards of private engagement, and exploring multiple paths of improvement.
Book Synopsis The Challenges of Privatization by : Bernardo Bortolotti
Download or read book The Challenges of Privatization written by Bernardo Bortolotti and published by Oxford University Press on Demand. This book was released on 2004-03-11 with total page 171 pages. Available in PDF, EPUB and Kindle. Book excerpt: From 1997 to 2001, more than 4,000 privatization operations have been carried out in more than 100 countries, bringing in government revenues of over 1,362 billion dollars. The phenomenon, which grew exponentially at the end of the 1990s and then abruptly slowed down, had dramatic consequences on the performance of state-owned enterprises and a significant impact on industrialized countries, as well as emerging and less developed economies. Yet there have been surprisingly fewattempts to provide a systematic empirical account of the privatization process at the worldwide level.Why do governments privatize? Why do some countries accomplish large-scale privatization programmes, and others never privatize at all? Is privatization a trend or a cycle? Furthermore, how do governments privatize? Do governments really transfer ownership and control of state-owned enterprises or does private ownership tend to coexist with public control?This book provides some answers to these important questions trying to test research hypotheses set forth by the recent economic theory of privatization.Comprehensive cross-country empirical analyses carried out over a period of more than twenty years are used in the book to show that privatization has taken place all over the world, sometimes spontaneously, more often under the pressure of economic and budgetary constraints. Several of the goals of the privatization have been met, but despite proclamations and programmes, only a small minority of countries has carried out a genuine privatization process, completely transferring ownership ofstate-owned enterprises to the private sector. A lack of political will is to some extent at the root of this reluctance. However this reluctance can be traced back partly to structural factors that would make an orderly privatization difficult, such as the absence of developed capital markets,appropriate regulation, and suitable institutions.
Book Synopsis Beyond Privatization by : Lester M. Salamon
Download or read book Beyond Privatization written by Lester M. Salamon and published by The Urban Insitute. This book was released on 1989 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Problems in Privatization Theory and Practice in State and Local Governments by : Fred W. Becker
Download or read book Problems in Privatization Theory and Practice in State and Local Governments written by Fred W. Becker and published by Edwin Mellen Press. This book was released on 2001 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: Becker (policy and management, Florida International University) begins with an overview of the problems to be discussed, including propriety, legitimacy, political feasibility, administration challenges, and negative impacts associated with privatization. He goes on to discuss these issues in detail, with particular attention to the expanding scope of privatization, the types of organizations suited to perform the work of government, the dynamics of public- private partnerships, and recommendations for correcting the negative effects suffered by the providers and recipients of privatized services. Annotation copyrighted by Book News Inc., Portland, OR.
Book Synopsis Privatization, Toward More Effective Government by : United States. President's Commission on Privatization
Download or read book Privatization, Toward More Effective Government written by United States. President's Commission on Privatization and published by . This book was released on 1988 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Privatization by : United States. President's Commission on Privatization
Download or read book Privatization written by United States. President's Commission on Privatization and published by . This book was released on 1988 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Privatization written by Gérard Roland and published by Columbia University Press. This book was released on 2008 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: The privatization of large state-owned enterprises is one of the most radical policy developments of the last quarter century. Right-wing governments have privatized in an effort to decrease the size of government, while left-wing governments have privatized either to compensate for the failures of state-owned firms or to generate revenues. In this way, privatization has spread from Europe to Latin America, from Asia to Africa, reaching its zenith with Central and Eastern Europe's transition from socialism to capitalism. In many countries state ownership has been an important tool in bringing cheap water, energy, and transport to poorer segments of the population. In other instances, it has sponsored aggressive cutbacks, corruption, and cronyism. Privatization: Successes and Failures evaluates the practices and results of privatization in Eastern Europe, Africa, Latin America, and Asia. Featuring the world's leading economists and experts on privatization, this volume offers a broad and balanced analysis of specific privatization projects and uncovers some surprising trends. Partial privatization, for example, tends to be more widespread than one might think, and the effects of privatization on efficiency are generally mixed but rarely negative. Also, while privatization appears uncontroversial in competitive sectors, it becomes increasingly complex in more monopolistic sectors where good regulation is crucial. Privatization concludes with alternative frameworks for countries in Africa and other regions that seek to develop privatization policy and programs.
Download or read book Privatization written by Emanuel S. Savas and published by . This book was released on 1987 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: An examination of privatization. This book deals with a variety of topics connected to this subject, including the characteristics of privatization alternatives, its applications in protective and human services, and problems which can occur with privatization.
Book Synopsis In Government We Trust by : Warwick N. Funnell
Download or read book In Government We Trust written by Warwick N. Funnell and published by UNSW Press. This book was released on 2009 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: An examination of privatisation failures in Western liberal democracies and the ways in which they have exposed communities and governments to social, economic and political instability.
Book Synopsis Why Do Governments Divest? by : Alfred Schipke
Download or read book Why Do Governments Divest? written by Alfred Schipke and published by Springer Science & Business Media. This book was released on 2011-06-28 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: On an unprecedented scale, nations at all income levels and across the political spectrum have initiated privatization programs over the past twenty years. In the course of this privatization movement, microeconomic efficiency arguments have become the standard justification for the divestment of public assets. This book presents an alternate view and argues that short-term macroeconomic considerations are often the true motive behind privatization programs. Why Do Government Divest? The Macroeconomics of Privatization is a comprehensive treatment of the macroeconomic issues of privatization. In addition to reviewing topics in economic growth and efficiency, this book explores the fiscal, monetary, balance-of-payments, and employment aspects of privatization. Several diverse case studies illustrate how the pursuit of such short-term political objectives can reduce the benefits of privatization.
Book Synopsis Privatize This? by : Richard McGowan
Download or read book Privatize This? written by Richard McGowan and published by Bloomsbury Publishing USA. This book was released on 2011-03-03 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers an expert examination of the ideology and motives behind the privatization or the nationalization of an industry, based on real case studies. Is it always more effective and less expensive to use taxpayer dollars to engage private companies rather than have the government run enterprises itself? Do consumers always benefit from the privatization of services? What happens when privatization stops being an abstract, theoretical debate and is actually put to the test in the real world? Privatize This? Assessing the Opportunities and Costs of Privatization is the place to find out. Privatize This? provides a clear, easy-to-apply model for evaluating the pros and cons of the privatization process and then puts the model to work in examining nine real-world case studies—ranging from Spain's privatization of its cigarette industry to Pennsylvania's "state store system" for selling liquor. Throughout, the book focuses on the central issues of privatization—profit versus public good, protection from fraud and waste—while also showing how the recent economic upheaval has changed public opinion and public policy on privatization.
Book Synopsis Privatization and Development by : Steve H. Hanke
Download or read book Privatization and Development written by Steve H. Hanke and published by ICS Press. This book was released on 1987 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chiefly papers originally presented at a conference held in Washington, D.C., February 1986, sponsored by the U.S. Agency for International Development and the Sequoia Institute.
Book Synopsis Privatization in Competitive Sectors by : Sunita Kikeri
Download or read book Privatization in Competitive Sectors written by Sunita Kikeri and published by World Bank Publications. This book was released on 2002 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Privatization by : United States. President's Commission on Privatization
Download or read book Privatization written by United States. President's Commission on Privatization and published by . This book was released on 1988 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt:
