Privatisation and Development: Theory, Policy and Evidence - Hardcover

Chang, Claude V.

Hardcover

ISBN 10: 0754648796 ISBN 13: 9780754648796

Publisher: Ashgate Publishing Limited, 2006

Synopsis

This book seeks to interrogate privatisation in terms of its effectiveness vis-a-vis its stated goals on the one hand and more fundamentally in terms of its success in delivering economic development. It seeks to explain why privatisation was successful in the UK and other OECD countries and why it has not met with equal success in developing countries. In this regard, it further seeks to examine the policy prescriptions of the IMF and World Bank vis-a-vis the conceptualised benefits and theoretical assumptions underlying these supposed benefits. It examines the extent to which culture and customs, indeed the mode of production, stand in determinate relationship to the goals, techniques and outcome of the process. It further examines the extent to which the socioeconomic and moral consequences of privatisation have been ignored in pursuit of the ideological imperative implicit in the Washington Consensus. Hence, the book's main purpose is first to contribute to the reflective thought that must necessarily be part of theory validation and second to provide the basis for a balanced and empirically-valid theory of privatisation.

About this title

About the Author

Claude V. Chang is an Independent Consultant and Researcher. He was Secretary to the Treasury of Guyana and ex-officio member of the board of the Central Bank. Chang was also Adviser to the Public Accounts Committee, Guyana Parliament, and a former Member of the Governing Council of the University of Guyana. Chang has over 20 years international experience in the telecommunications industry in the US, Barbados, Guam and Guyana. He contributed a book chapter to DFID-funded Centre on Regulation and Competition at the University of Manchester, and contributed to the African Development Report 1999.

Edition details

• Publisher: Ashgate Publishing Limited
• Publication date: 2006
• Language: English
• ISBN 10: 0754648796
• ISBN 13: 9780754648796
• Binding: Hardcover
• Number of pages: 190