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Market Distortions In Privatisation Processes
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Book Synopsis Market Distortions in Privatisation Processes by : Shanker A. Singham
Download or read book Market Distortions in Privatisation Processes written by Shanker A. Singham and published by Taylor & Francis. This book was released on 2022-12-21 with total page 87 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing on a range of global case studies, Market Distortions in Privatisation Processes illustrates the ways in which market distortions damaged the ability of privatisation processes to yield concrete benefits to consumers. The book compares and contrasts privatisations of state-owned enterprises around the world where competition informed the regulatory design and thus liberated consumer welfare. In particular, the cases are drawn from the electricity and gas sector, the telecoms industry, and postal services – each of which has been frequently privatised in different context. For each industry, the book explores the UK and US experiences as well as looking at international cases from both developed and developing countries including, where appropriate, Japan, Colombia, Romania and Mexico. The emphasis is on analysing the impact that market distortions have had on the outcomes of those privatisations. The book also looks at how public service objectives were achieved and how they too can be designed in pro-competitive or anti-competitive ways. This book will be of significant interest to readers in international business, economics, and law.
Book Synopsis Market Distortions in Privatisation Processes by : Singham A. Shanker
Download or read book Market Distortions in Privatisation Processes written by Singham A. Shanker and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Drawing on a range of global case studies, Market Distortions in Privatisation Processes illustrates the ways in which market distortions damaged the ability of privatisation processes to yield concrete benefits to consumers. The book compares and contrasts privatisations of state-owned enterprises around the world where competition informed the regulatory design and thus liberated consumer welfare. In particular, the cases are drawn from the electricity and gas sector, the telecoms industry, and postal services - each of which have been frequently privatised in different context. For each industry, the book explores the UK and US experiences as well as looking at international cases from both developed and developing countries including, where appropriate, Japan, Colombia, Romania and Mexico. The emphasis is on analysing the impact that market distortions have had on the outcomes of those privatisations. The book also looks at how public service objectives were achieved and how they too can be designed in pro-competitive or anti-competitive ways. This book will be of significant interest to readers in international business, economics, and law"--
Book Synopsis A General Theory of Trade and Competition by : Shanker Singham
Download or read book A General Theory of Trade and Competition written by Shanker Singham and published by Cameron May. This book was released on 2007 with total page 551 pages. Available in PDF, EPUB and Kindle. Book excerpt: General Theory of Trade... is the first academic or practitioner text book to establish a general theory of trade and competition and attempts to bring these two disciplines back together. Shanker Singham demonstrates that there is indeed a powerful interface between these two areas and that by understanding this interface practitioners, be they in governments, companies or law and economics firms can succeed in trade negotiations as well as build up support for free trade principles in a time when they are being increasingly challenged. By noting that consumer welfare is enhanced where trade liberalization is accompanied by competitive markets and property rights protection, the author articulates an overall vision in which future policymakers can frame a different kind of trade debate.
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.
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.
Book Synopsis Corporate Governance in Estonia 2011 by : OECD
Download or read book Corporate Governance in Estonia 2011 written by OECD and published by OECD Publishing. This book was released on 2011-10-06 with total page 77 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Review of Corporate Governance in Estonia describes the corporate governance setting including the structure and ownership concentration of listed companies and the structure and operation of the state-owned sector.
Book Synopsis China's Agriculture in the International Trading System by : OECD
Download or read book China's Agriculture in the International Trading System written by OECD and published by OECD Publishing. This book was released on 2001-03-16 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: This conference proceedings reflects upon the likely impacts of freer trade on China’s agricultural sector. Based on the results of China’s WTO negotiations with key trading partners, it assesses the compatibility of China’s WTO commitments with domestic policies and the need for specific changes.
Book Synopsis Criminal Justice and Privatisation by : Philip Bean
Download or read book Criminal Justice and Privatisation written by Philip Bean and published by Routledge. This book was released on 2020-06-07 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past few years, opposition to the privatisation in public services in the United Kingdom and elsewhere has grown, especially in areas related to criminal justice. Privatisation has existed within the British criminal justice system at least since the early 1990s, but the privatisation of the Probation Service in 2014 was a significant landmark in this process and signalled a larger programme of privatisation to come. Criminal Justice and Privatisation works to examine the impact of privatisation on the criminal justice system, and to explore the potential effects of privatising other areas including the police and the security industry. By including chapters from practitioners and academics alike, the book offers an expansive overview of the criminal justice system, as well as observations of the effect of privatisation at ground level. By also exploring the way the private companies are paid, how they operate and what private companies do, this book offers an insight into and the future of privatisation within the public sector. Written in a clear and direct style this book will appeal to students and scholars in criminology, sociology, cultural studies, social theory and those interested in learning about the effects of privatisation.
Book Synopsis Commonwealth Public Administration Reform 2004 by : Commonwealth Secretariat
Download or read book Commonwealth Public Administration Reform 2004 written by Commonwealth Secretariat and published by Commonwealth Secretariat. This book was released on 2003 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: Commonwealth Public Administration Reform is a comprehensive resource for all those in public and private sectors and civil society who are engaged in reforming public administration. It includes in one volume the principal documents of major reform initiatives in the Commonwealth Secretariat and the Commonwealth Association for Public Administration and Management. It draws on the richly diverse experience of the association's 54 member countries, large and small, developing and industrialised. The 2004 edition brings together the knowledge and experience of leading experts from around the Commonwealth and covers: Reform strategies; Democracy and Security; Public-Private Partnerships; Human Resources Management; Information Systems; Education and Leadership.
Book Synopsis Propelling India from Socialist Stagnation to Global Power: Growth process by : Arvind Virmani
Download or read book Propelling India from Socialist Stagnation to Global Power: Growth process written by Arvind Virmani and published by Academic Foundation. This book was released on 2006 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents a comprehensive retrospective of India's economic policies and performances, including an in-depth analysis of a wide range of issues from a variety of perspectives: historical, global, institutional, and political-economic. The discussion explores the "tripolar world" comprised of the United States, China, and India as the changing dominant players in global power.
Book Synopsis Corporate Governance in Colombia by : OECD
Download or read book Corporate Governance in Colombia written by OECD and published by OECD Publishing. This book was released on 2017-09-28 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: This review was prepared as part of the process of Colombia's accession to OECD Membership. It describes the corporate governance setting for both listed companies in Colombia and the state-owned sector.
Book Synopsis The German Economy by : E. Owen-Smith
Download or read book The German Economy written by E. Owen-Smith and published by Routledge. This book was released on 2012-10-12 with total page 829 pages. Available in PDF, EPUB and Kindle. Book excerpt: Germany is clearly the dominant economic force in Europe. It occupies the pivotal position of being at the centre of both the EC and of attempts to rebuild the economies of East Central Europe. The German Economy traces the various aspects of German policy and growth, concentrating in particular on the last two decades. These include: the German economy in perspective the regional dimension fiscal policy monetary policy social policy the labour market banking and finance industry, trade and economic policy. In The German Economy Eric Owen Smith has produced the only comprehensive account of the contemporary German economy currently available in English.
Book Synopsis Legal Aspects of Privatisation by : Bulent Seven
Download or read book Legal Aspects of Privatisation written by Bulent Seven and published by Universal-Publishers. This book was released on 2002 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: The main aims of this thesis are as follows:(a) To present a comprehensive analysis of the concept of privatisation its origins and limits, (b) To identify the legal and institutional framework for privatisation in different European countries from a comparative perspective; (c) To define and analyse particularly legal issues which arise during the privatisation transactions: e.g. labour law, competition law etc.; (d) To evaluate which features of the successful legal and organisational framework of privatisation have been successful so as to provide guidelines for those individuals and organisations participating in the privatisation exercises.This work found out that there is no simple, internationally applicable recipe for privatisation; various legal methods and techniques can be used to privatise state owned enterprises. Because each country has different circumstances, it is impossible to provide a unique model for privatisation; each country needs to design its own model according to its circumstances.Privatisation is an essential but insufficient element for structural economic reform in the economy and society. Privatisation is not a panacea, it is not the solution to every economic and administrative problem; selling an enterprise to the private sector does not mean an end to all problems. Also privatisation is not an overnight process or a magic touch; it will be a lengthy process. Furthermore, a decision that something can be privatised does not mean that it should be privatised.In that context, privatisation is not good or bad; it is an economic and social instrument. If it is well designed it may bring substantial benefits to the economy and society.In many countries, many state owned enterprises, particularly the ones which are financially weak, have still not been privatised. This finding revealed that the privatisation process will be in the political and economic agenda for at least few more decades.
Book Synopsis Liberalisation, Privatisation and Globalisation An Appraisal - English by : Navneet Singh
Download or read book Liberalisation, Privatisation and Globalisation An Appraisal - English written by Navneet Singh and published by Navneet Singh. This book was released on with total page 81 pages. Available in PDF, EPUB and Kindle. Book excerpt: Liberalisation, Privatisation and Globalisation: An Appraisal Liberalization, Privatization, and Globalization (LPG) are interconnected economic policies that gained prominence in many countries, including India, starting from the early 1990s. Here’s an appraisal of these policies and their impact: 1. Liberalization: Definition: Liberalization refers to the relaxation of government controls and regulations over economic activities, promoting free market principles and reducing barriers to entry and competition. Appraisal: Advantages: Economic Growth: Liberalization has been instrumental in promoting economic growth by encouraging entrepreneurship, innovation, and efficiency in resource allocation. Investment Inflows: Opening sectors to foreign investment has attracted capital inflows, technology transfer, and expertise, boosting industrial development. Consumer Choice: Increased competition has led to a wider range of goods and services, improved quality, and reduced prices for consumers. Challenges: Inequality: Liberalization can exacerbate income inequality if benefits disproportionately accrue to certain sectors or regions. Regulatory Challenges: Weak regulatory frameworks may lead to market failures, monopolistic practices, and exploitation of consumers. Social Impact: Rapid economic changes can disrupt traditional livelihoods and exacerbate social tensions if adequate safety nets and support mechanisms are lacking. 2. Privatization: Definition: Privatization involves the transfer of ownership and management of state-owned enterprises (SOEs) to the private sector, aiming to improve efficiency, reduce fiscal burden, and enhance competitiveness. Appraisal: Advantages: Efficiency Gains: Privatization often leads to improved productivity, cost-effectiveness, and better management practices as private firms focus on profitability. Fiscal Benefits: Governments can reduce fiscal deficits and reallocate resources to priority areas such as infrastructure, health, and education. Innovation: Private sector involvement can spur innovation, technology adoption, and market responsiveness. Challenges: Job Losses: Privatization may lead to job losses in the short term as private firms streamline operations and enhance efficiency. Monopoly Concerns: Concentration of market power in few private hands can lead to monopolistic practices and reduced consumer choice. Social Equity: Disparities in access to essential services may increase if privatization adversely affects marginalized or remote communities. 3. Globalization: Definition: Globalization refers to the increasing integration of economies and societies through cross-border flows of goods, services, capital, technology, and information. Appraisal: Advantages: Market Access: Globalization expands market opportunities for businesses, facilitating exports and access to global supply chains. Technology Transfer: Access to international markets promotes technology transfer, innovation, and best practices. Cultural Exchange: Globalization fosters cultural exchange, understanding, and international cooperation. Challenges: Vulnerability to External Shocks: Dependence on global markets can make economies vulnerable to external economic shocks and fluctuations. Income Inequality: Globalization may widen income gaps between developed and developing countries, and within nations, if benefits are unevenly distributed. Environmental Impact: Increased economic activities and global supply chains can lead to environmental degradation and resource depletion. Overall Appraisal: Positive Impact: Liberalization, privatization, and globalization have collectively contributed to economic growth, technological advancement, and integration into the global economy for many countries. Criticisms and Challenges: Issues such as inequality, environmental concerns, social dislocation, and vulnerability to global economic downturns underscore the need for balanced policy approaches that prioritize inclusive growth, sustainable development, and equitable distribution of benefits. In conclusion, while Liberalization, Privatization, and Globalization have provided opportunities for economic advancement and integration into the global economy, their benefits need to be carefully managed to address challenges and ensure inclusive and sustainable development for all segments of society.
Book Synopsis Problems of Public Forestry and the Socio-economic Implications of Privatisation by : W. J. Hurditch
Download or read book Problems of Public Forestry and the Socio-economic Implications of Privatisation written by W. J. Hurditch and published by . This book was released on 1992 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Developing Communities for the Future 5ed by : Susan Kenny
Download or read book Developing Communities for the Future 5ed written by Susan Kenny and published by Cengage AU. This book was released on 2016-09-01 with total page 512 pages. Available in PDF, EPUB and Kindle. Book excerpt: Developing Communities for the Future provides a comprehensive introduction to the theory, processes and practices of community development. It offers insights into the challenges and dilemmas of this demanding field and considers the ways in which it can empower citizens. Engaging case studies illustrate how community development practitioners operate in everyday situations. This new edition highlights cutting-edge issues and new technologies that are influencing practice. It demonstrates the dynamic nature of the field and how practitioners can help communities respond to the current challenges they face.
Book Synopsis Trade, Competition and Domestic Regulatory Policy by : Shanker A. Singham
Download or read book Trade, Competition and Domestic Regulatory Policy written by Shanker A. Singham and published by Taylor & Francis. This book was released on 2023-03-29 with total page 501 pages. Available in PDF, EPUB and Kindle. Book excerpt: Trade, Competition and Domestic Regulatory Policy presents a unique combination of analysis of both international trade and investment policies, and competition and regulatory policies. Increasingly, policymakers, businesses and the law and economics professions need to better understand how changes and policy developments in international trade and competition developed and how their interaction impacts on global business. In addition to providing a comprehensive analysis of the attempts of international trade theory and practice to deal with tariffs, non-tariff barriers, market distortions and failures to protect various kinds of property rights, this book contains a detailed treatment of how property rights protection, including intangible property rights are a critical element of ensuring open trade and competitive markets. It examines how these rights have developed over time, and how they have been integrated into trade and competition policy. This book will be of significant interest to students of international business, professors of economics, law and business, and policymakers at the intersection of trade, investment, competition and property rights.
