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Privatization – An Economic Analysis (M I T PRESS SERIES ON THE REGULATION OF ECONOMIC ACTIVITY) - Hardcover

 
9780262220330: Privatization – An Economic Analysis (M I T PRESS SERIES ON THE REGULATION OF ECONOMIC ACTIVITY)

Synopsis

This comprehensive analysis of the British privatization program offers insights into recent policies on privatization, competition, and regulation in a country that has by far the greatest experience with this growing worldwide phenomenon.

The process of selling assets and enterprises to the private sector raises theoretical questions about natural monopolies, the efficiency and equity of state owned versus privately-owned enterprises, and industrial policy. Privatization explores these questions both theoretically and empirically.

After providing theoretical perspectives on the economics of ownership, competition, and regulation, the authors assess privatization policies in key industries: telecommunications, energy, transport, and water. They argue that the government's haste to transfer ownership reflects a misplaced priority, and that the main thrust of policy should be to improve industrial efficiency by stimulating competition and, providing effective regulation.

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About the Authors

Sir John Vickers is Drummond Professor of Political Economy at Oxford University.


George Yarrow is Director of the Oxford based Regulatory Policy Institute, an independent, charitable organization dedicated to the study of all aspects of regulation and deregulation. He is also an Emeritus Fellow of Hertford College, Oxford.

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  • PublisherMIT Press
  • Publication date1988
  • ISBN 10 0262220334
  • ISBN 13 9780262220330
  • BindingHardcover
  • LanguageEnglish
  • Edition number1
  • Number of pages469

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9780262720113: Privatization: An Economic Analysis (Regulation of Economic Activity)

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ISBN 10:  0262720116 ISBN 13:  9780262720113
Publisher: MIT Press, 1988
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Vickers, J. and Yarrow, G.
Published by MIT Press, 1989
ISBN 10: 0262220334 ISBN 13: 9780262220330
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ISBN 10: 0262220334 ISBN 13: 9780262220330
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Condition: Fair. This is an ex-library book and may have the usual library/used-book markings inside.This book has hardback covers. Clean from markings. In fair condition, suitable as a study copy. Dust jacket in good condition. Please note the Image in this listing is a stock photo and may not match the covers of the actual item,1000grams, ISBN:9780262220330. Seller Inventory # 9809099

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Hard Cover. Condition: Very Good. Dust Jacket Condition: Very Good. This book is the second printing of the 1988 edition. The dust jacket is wrapped in plastic with a few small tears. The page edges have light foxing, as do the front and back pages. The front page is signed in pen by a previous owner. 454 pages, Books listed here are not stored at the shop. Please contact us if you want to pick up a book from Newtown. Size: Size F: 9"-10" Tall (228-254mm). Seller Inventory # 140882

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ISBN 10: 0262220334 ISBN 13: 9780262220330
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