The Political Economy Of Privatization In Rich Democracies

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The Political Economy of Privatization in Rich Democracies

Author : Herbert Obinger
Publisher : Oxford University Press
ISBN 13 : 0191648434
Total Pages : 224 pages
Book Rating : 4.1/5 (916 download)

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Book Synopsis The Political Economy of Privatization in Rich Democracies by : Herbert Obinger

Download or read book The Political Economy of Privatization in Rich Democracies written by Herbert Obinger and published by Oxford University Press. This book was released on 2016-01-28 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Almost all advanced democracies have launched significant privatization programs over the last three decades. However, while there was a global run into privatization, substantial cross-national differences in the divesture of state-owned enterprises can be observed. This book focuses on the political economy of privatization, and addresses the questions 'What are the driving forces behind this development and how can the variation be explained?' which are of both theoretical and empirical interest. While the topic itself is not new, the existing comparative literature on the political economy of privatization suffers from at least two major shortcomings: First, recent macro-quantitative analysis in political science and economics has only focused on material privatization; formal privatization has hitherto been neglected due to an absence of data, even though this type of privatization is of eminent relevance in the public utility sectors. Second, most of the empirical studies in this area treat countries as independent units. In reality, however, policy decisions are likely to be interdependent. Policy decisions taken in one country influence the decision-making process in others. Given these shortcomings in the existing literature, the idea of this volume is to supply a fresh and comprehensive overview of the political economy of privatization using a new data set, the REST database. The empirical analysis covers 20 OECD countries in the period between 1980 and the advent of the global economic crisis in 2008. The recent economic crisis provides a good opportunity to take stock of the changing role of government in economic over the last three decades.

Rich Democracies

Author : Harold L. Wilensky
Publisher : Univ of California Press
ISBN 13 : 0520928334
Total Pages : 925 pages
Book Rating : 4.5/5 (29 download)

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Book Synopsis Rich Democracies by : Harold L. Wilensky

Download or read book Rich Democracies written by Harold L. Wilensky and published by Univ of California Press. This book was released on 2002-07-01 with total page 925 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this landmark work, the culmination of 30 years of systematic, comprehensive comparison of 19 rich democracies, Wilensky answers two basic questions: (1) What is distinctly modern about modern societies--in what ways are they becoming alike? (2) How do variations in types of political economy shape system performance? He specifies similarities and differences in the structure and interplay of government, political parties, the mass media, industry, labor, professions, agriculture, churches, and voluntary associations. He then demonstrates how differences in bargaining arrangements among these groups lead to contrasting policy profiles and patterns of taxing and spending, which in turn explain a large number of outcomes: economic performance, political legitimacy, equality, job security, safety and risk, real health, the reduction of poverty and environmental threats, and the effectiveness and fairness of regulatory regimes. Drawing on quantitative data and case studies covering the last 50 years and more than 400 interviews he conducted with top decision-makers and advisors, Wilensky provides a richly detailed account of the common social, economic, and labor problems modern governments confront and their contrasting styles of conflict resolution. The result is new light on the likely paths of development of rich democracies as they become richer. Assessing alternative theories, Wilensky offers a powerful critique of such images of modern society as "post-industrial" or "high-tech," "the information age" or the alleged dominance of "globalization." Because he systematically compares all of the rich democracies with at least three million population, Wilensky can specify what is truly exceptional about the United States, what it shares with Britain and Britain abroad (Canada, Australia, New Zealand) and what it shares with all or almost all of the West European democracies, Israel, and Japan. He gives careful attention to which successful social and labor policies are transferable across nations and which are not. Rich Democracies will interest both scholars and practitioners. It combines the perspectives of political economy (the interplay of markets and politics) and political sociology (the social bases of politics). It will be especially useful in courses on comparative political economy, comparative politics, European politics, public policy, political sociology, the welfare state, American government, advanced industrial societies, and industrial relations.

Privatizing the State

Author : Béatrice Hibou
Publisher : Columbia University Press
ISBN 13 : 9780231134644
Total Pages : 298 pages
Book Rating : 4.1/5 (346 download)

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Book Synopsis Privatizing the State by : Béatrice Hibou

Download or read book Privatizing the State written by Béatrice Hibou and published by Columbia University Press. This book was released on 2004 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the new global political economy, "privatization" names a transformation of the roles of public and private actors with the goal of reforming government policies and economic aid programs. It is an objective, a slogan, a fetish. But what does it signify? On the one hand, it refers to the process of changing industries, businesses, and services from governmental or public ownership to private agencies. But privatization now also extends to what are normally the prerogatives of national states: taxation, customs, internal security, national defense, and peace negotiations. In much of the literature, privatization is associated with the retreat, decline, or even demise of the state. Using Max Weber's concept of delegation, or "discharge," as a point of departure, Hibou and the contributors of this volume propose an alternative view, interpreting the contemporary restructuring of economic and political relations in much of the world as "the privatization of the state." This book challenges received ideas about the process of globalization and its presumed homogenization by suggesting that rather than weakening the powers of the state, privatization actually strengthens it. With examples from Russia, Poland, China, Taiwan, Indonesia, North Africa, and sub-Saharan Africa, the book questions the supposed inefficiency of states in regulating capitalism and the role economic and financial knowledge play as substitutes for political and social analysis.

The Political Economy of Privatization

Author : Thomas Clarke
Publisher : Routledge
ISBN 13 : 1134799012
Total Pages : 651 pages
Book Rating : 4.1/5 (347 download)

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Book Synopsis The Political Economy of Privatization by : Thomas Clarke

Download or read book The Political Economy of Privatization written by Thomas Clarke and published by Routledge. This book was released on 2005-08-17 with total page 651 pages. Available in PDF, EPUB and Kindle. Book excerpt: In The Political Economy of Privatization the authors assess the success of privatization. The work is an international study of the extensive privatization, and the pressure towards privatization, in different parts of the world. The book includes: * A study of the relationship between ownership and performance; * An assessment of the importance of market structure and regulation; * A discussion of privatization strategies within the public sector; * Individual country case-studies, looking at the experience of different countries engaged in the contrasting approaches to privatization. * A critical assessment of the much vaunted relationship between ownership and efficiency.

The Political Economy Of Public Sector Reform And Privatization

Author : Ezra Suleiman
Publisher : Routledge
ISBN 13 : 1000232662
Total Pages : 401 pages
Book Rating : 4.0/5 (2 download)

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Book Synopsis The Political Economy Of Public Sector Reform And Privatization by : Ezra Suleiman

Download or read book The Political Economy Of Public Sector Reform And Privatization written by Ezra Suleiman and published by Routledge. This book was released on 2019-07-09 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book suggests some of the ways in which levels of development shape public sector reform and privatization in developed and developing countries, showing that conservative as well as socialist governments were committed to increasing the state's guiding role in the political economy.

The Privatization of Everything

Author : Donald Cohen
Publisher : The New Press
ISBN 13 : 1620976625
Total Pages : 360 pages
Book Rating : 4.6/5 (29 download)

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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.”

The Political Economy of Privatization and Deregulation

Author : Elizabeth E. Bailey
Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 684 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis The Political Economy of Privatization and Deregulation by : Elizabeth E. Bailey

Download or read book The Political Economy of Privatization and Deregulation written by Elizabeth E. Bailey and published by Edward Elgar Publishing. This book was released on 1995 with total page 684 pages. Available in PDF, EPUB and Kindle. Book excerpt: The collection of articles in this volume reflect the vigorous implementation of privatization in Europe and deregulation in the United States over the last 25 years. The evolutions of the movements is discussed, both intellectually and politically.

Reclaiming Public Ownership

Author : Professor Andrew Cumbers
Publisher : Zed Books Ltd.
ISBN 13 : 1780323700
Total Pages : 177 pages
Book Rating : 4.7/5 (83 download)

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Book Synopsis Reclaiming Public Ownership by : Professor Andrew Cumbers

Download or read book Reclaiming Public Ownership written by Professor Andrew Cumbers and published by Zed Books Ltd.. This book was released on 2012-09-13 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: *** Winner of the Myrdal Prize for Evolutionary Political Economy *** The last few years have seen the spectacular failure of market fundamentalism in Europe and the US, with a seemingly never-ending spate of corporate scandals and financial crises. As the environmental limits and socially destructive tendencies of the current profit-driven economic model become daily more self-evident, there is a growing demand for a fairer economic alternative, as evidenced by the mounting campaigns against global finance and the politics of austerity. Reclaiming Public Ownership tackles these issues head on, going beyond traditional leftist arguments about the relative merits of free markets and central planning to present a radical new conception of public ownership, framed around economic democracy and public participation in economic decision-making. Cumbers argues that a reconstituted public ownership is central to the creation of a more just and sustainable society. This book is a timely reconsideration of a long-standing but essential topic.

Privatization

Author : Melissa Schwartzberg
Publisher : NYU Press
ISBN 13 : 1479842931
Total Pages : 340 pages
Book Rating : 4.4/5 (798 download)

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Book Synopsis Privatization by : Melissa Schwartzberg

Download or read book Privatization written by Melissa Schwartzberg and published by NYU Press. This book was released on 2018-12-11 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: A distinguished group of scholars explore the moral values and political consequences of privatization The 21st century has seen a proliferation of privatization across industries in the United States, from security and the military to public transportation and infrastructure. In shifting control from the state to private actors, do we weaken or strengthen structures of governance? Do state-owned enterprises promise to be more equal and fair than their privately-owned rivals? What role can accountability measures play in mediating the effects of privatization; and what role does coercion play in the state governance and control? In this latest installment from the NOMOS series, an interdisciplinary group of distinguished scholars in political science, law, and philosophy examine the moral and political consequences of transferring state-provided or state-owned goods and services to the private sector. The essays consider how we should evaluate the decision to privatize, both with respect to the quality of outcomes that might be produced, and in terms of the effects of privatization on the core values underlying democratic decision-making. Privatization also affects the structure of governance in a variety of important ways, and these essays evaluate the consequences of privatization on the state. Privatization sheds new light on these highly salient questions of contemporary political life and institutional design.

The Politics of Privatization

Author : John A. Gould
Publisher :
ISBN 13 : 9781588267832
Total Pages : 0 pages
Book Rating : 4.2/5 (678 download)

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Book Synopsis The Politics of Privatization by : John A. Gould

Download or read book The Politics of Privatization written by John A. Gould and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Exploring the role of privatisation in postcommunist Central & Eastern Europe, this text uncovers a surprising relationship between political liberalization & economic reform.

State-Led Privatization in China

Author : Jin Zeng
Publisher : Routledge
ISBN 13 : 9781138579170
Total Pages : 194 pages
Book Rating : 4.5/5 (791 download)

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Book Synopsis State-Led Privatization in China by : Jin Zeng

Download or read book State-Led Privatization in China written by Jin Zeng and published by Routledge. This book was released on 2017-10-12 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: Large-scale privatization did not emerge spontaneously in China in the late 1990s. Rather, the Chinese state led and carefully "planned" ownership transformation with timetables and measurable privatization quotas, not for the purpose of extracting the state from the economy, but in order to strengthen the rule of the Party. While it is widely believed that authoritarian regimes are better suited than democracies to carry out economic reform, this book provides a more nuanced understanding of reform in China, demonstrating that the Chinese state's capacity to impose unpopular reform is contingent on its control over local state agents and its adaptability to societal demands. Building on rich fieldwork data gathered in three Chinese cities (Shenyang, Shanghai, and Xiamen), this book offers the first comparative study of China's privatization processes at the local level. Instead of focusing solely on political elites, Jin Zeng adopts a multi-level interaction approach to examine how the complex interplay of the central leadership, grassroots officials, and state-owned enterprise managers and workers shaped the contour of privatization in China.The book advances three central arguments. First, local economic structure and cadre evaluation system mediated local officials' incentives to initiate privatization. Second, local officials relied on mobilization campaigns and various appeasement measures to implement privatization. Finally, the dynamics of privatization were fundamentally driven by the central government's reactions to social opposition and by the subsequent responses of local officials to the changed political-regulatory environment. As a detailed analysis of the dual transformation of the property regime and state-society relations in China, this book will be invaluable to students and scholars of Chinese politics, economic reform, as well as those interested in comparative political economy and economic development more broadly.

Life After Privatization

Author : Raj S. Chari
Publisher : Oxford University Press, USA
ISBN 13 : 0199658315
Total Pages : 304 pages
Book Rating : 4.1/5 (996 download)

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Book Synopsis Life After Privatization by : Raj S. Chari

Download or read book Life After Privatization written by Raj S. Chari and published by Oxford University Press, USA. This book was released on 2015 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work presents a refreshing analysis of what happened to state-owned enterprises after they were privatised from the late 1970s onwards, and the two types of firms that emerged: 'Alpha' and 'Beta', examining the internal and external factors involved.

The Privatized State

Author : Chiara Cordelli
Publisher : Princeton University Press
ISBN 13 : 0691205752
Total Pages : 356 pages
Book Rating : 4.6/5 (912 download)

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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.

The Political Economy of Private Security

Author : Helge Staff
Publisher : LIT Verlag Münster
ISBN 13 : 3643913524
Total Pages : pages
Book Rating : 4.6/5 (439 download)

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Book Synopsis The Political Economy of Private Security by : Helge Staff

Download or read book The Political Economy of Private Security written by Helge Staff and published by LIT Verlag Münster. This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The global growth of private security services signals a significant shift in the production of the most traditional good provided by modern nation states - security. This systematic mixed methods analysis, linking output- and process-oriented policy theories, shows patterns and mechanisms of how political factors - like party dominance - drive the development of private security policy and industry. Based in comparative policy analysis it asks, what accounts for the differences in the policies toward and the outcomes of private security between EU member states?

Party Politics and Economic Reform in Africa's Democracies

Author : M. Anne Pitcher
Publisher : Cambridge University Press
ISBN 13 : 0521449626
Total Pages : 329 pages
Book Rating : 4.5/5 (214 download)

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Book Synopsis Party Politics and Economic Reform in Africa's Democracies by : M. Anne Pitcher

Download or read book Party Politics and Economic Reform in Africa's Democracies written by M. Anne Pitcher and published by Cambridge University Press. This book was released on 2012-05-07 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: Argues that the interaction of formal institutions and the quality of democracy explain patterns of private sector development across Africa.

Private Wealth and Public Revenue

Author : Tasha Fairfield
Publisher : Cambridge University Press
ISBN 13 : 1107088372
Total Pages : 365 pages
Book Rating : 4.1/5 (7 download)

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Book Synopsis Private Wealth and Public Revenue by : Tasha Fairfield

Download or read book Private Wealth and Public Revenue written by Tasha Fairfield and published by Cambridge University Press. This book was released on 2015-03-05 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book identifies sources of power that help business and economic elites influence policy decisions.

Dealing with Losers

Author : Michael J. Trebilcock
Publisher : Oxford University Press, USA
ISBN 13 : 0190456949
Total Pages : 242 pages
Book Rating : 4.1/5 (94 download)

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Book Synopsis Dealing with Losers by : Michael J. Trebilcock

Download or read book Dealing with Losers written by Michael J. Trebilcock and published by Oxford University Press, USA. This book was released on 2015 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: Winner of the Donner Prize for the best book on public policy by a Canadian in 2014.Whenever governments change policies - tax, expenditure, or regulatory policies, among others - there will typically be losers: people or groups who relied upon and invested in physical, financial, or human capital predicated on, or even deliberately induced by the pre-reform set of policies. Theissue of whether and when to mitigate the costs associated with policy changes, either through explicit government compensation, grandfathering, phased or postponed implementation, is ubiquitous across the policy landscape. Much of the existing literature covers government takings, yet compensationfor expropriation comprises merely a tiny part of the universe of such strategies.Dealing with Losers: The Political Economy of Policy Transitions explores both normative and political rationales for transition cost mitigation strategies and explains which strategies might create an aggregate, overall enhancement in societal welfare beyond mere compensation. Professor Michael J.Trebilcock highlights the political rationales for mitigating such costs and the ability of potential losers to mobilize and obstruct socially beneficial changes in the absence of well-crafted transition cost mitigation strategies. This book explores the political economy of transition costmitigation strategies in a wide variety of policy contexts including public pensions, U.S. home mortgage interest deductions, immigration, trade liberalization, agricultural supply management, and climate change, providing tested examples and realistic strategies for genuine policy reform.