Description - Constraints and Impacts of Privatisation by V. V. Ramanadham
What are the constraints on privatisation? What is the likely impact of privatisation? Throughout the 1980s privatisation was hailed as the panacea to the problems of the public sector, not only in developed economies, but also in the developing world and in the post-Socialist world. In practice, privatisation has often been more difficult to achieve and has produced more uncertain benefits. Either it has been limited in relation to the overall size of the public sector, not only in developed economies but also in the developing world and in the post-Socialist world In developing countries and in the post-Socialist world this has often been a consequence of the lack of appropriate resources, and this book looks at how these constraints might be overcome. It also considers the impact privatisation - where it has been possible - has had and what effects are likely to materialize. The book combines a wide cross section of case studies from the developing world and Eastern Europe, with assessments of developed countries' experience from such notable experts as George Yarrow and Dieter Bos. Contributors include policy makers, professional economists and academics.
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Studies in Public Enterprise: From Evaluation to Privatisation
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