Download or read book Privatization Experiences in the European Union written by Marko Köthenbürger and published by MIT Press. This book was released on 2006 with total page 445 pages. Available in PDF, EPUB and Kindle. Book excerpt: Experts evaluate the varied outcomes of privatization experiences in Austria, Denmark, Finland, France, Germany, Ireland, Italy, the Netherlands, Spain, and the UK. The trend toward privatization, which began with privatization experiments in the UK under Margaret Thatcher and the deregulation of the telecommunications sector in the United States, has attracted the attention of policymakers over the past two decades. Privatization is broadly supported by most academic economists, but the results of actual privatization efforts seem mixed. In the UK, for example, telecom rates fell sharply after privatization, but privatized rail service was widely perceived to have declined dramatically in quality. In this CESifo volume, international experts examine the experiences of 10 EU countries, evaluating the real outcomes of privatization policies in Austria, Denmark, Finland, France, Germany, Ireland, Italy, the Netherlands, Spain, and the UK.The effects of privatization--which includes not only changes in ownership of public activitiesand entities but also liberalization of markets and deregulation--are difficult to distinguish from the effects of other economywide influences. The studies in this volume meet this methodological challenge by using a well-defined set of criteria, including reducing consumer prices, increasing quantity, and improving quality, by which to make their assessments. Background chapters provide a conceptual framework for considering the issues. Contributors Pablo Arocena, Sean D. Barrett, Ansgar Belke, Michel Berne, Henrik Christoffersen, Andrea Goldstein, Günter Knieps, David Newbery, Martin Paldam, David Parker, Gérard Pogorel, Friedrich Schneider, Eric van Damme, Ingo Vogelsang, Johan Willner
Download or read book Privatisation in the European Union written by Judith Clifton and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: Judith Clifton, Francisco Comín and Daniel Díaz Fuentes in Privatisation in the European Union reject the two dominant explanations provided in literature, which include a simple 'Americanisation' of policy and a 'varied' privatisation experience without a common driving force. Using a systematic comparative analysis of privatisation experiences in each country from the 1980s to the beginning of the twenty first century, the authors show how the process of European integration and the need for internationally competitive industries have constituted key driving forces in the quest for privatisation across the EU. As privatisation slows down at the turn of the millennium, what future can citizens expect for public enterprises? Privatisation in the European Union is essential reading for researchers, students and policy-makers interested in privatisation, EU policy and the history of public enterprises.
Download or read book Privatization in the European Union written by David Parker and published by Routledge. This book was released on 2002-01-31 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book identifies different national characteristics in terms of the motivation to privatise, the scale of privatization and its consequences. In the opening chapters there is a detailed overview of the theoretical economic issues involved in privatisation and an assessment of privatization across the EU. The remaining ten chapters contain national case studies of EU countries which review the history of state ownership and privatization in each of these countries and evaluate the extent of privatisation. The role of European Commission directives in deregulating markets and stimulating privatisation is also examined.
Download or read book Limits to Privatization written by Marianne Beishem and published by Taylor & Francis. This book was released on 2012-04-27 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: Limits to Privatization is the first thorough audit of privatizations from around the world. It outlines the historical emergence of globalization and liberalization, and from analyses of over 50 case studies of best- and worst-case experiences of privatization, it provides guidance for policy and action that will restore and maintain the right balance between the powers and responsibilities of the state, the private sector and the increasingly important role of civil society. The result is a book of major importance that challenges one of the orthodoxies of our day and provides a benchmark for future debate.
Download or read book Privatization in Europe written by Ferdinando Targetti and published by Dartmouth Publishing Company. This book was released on 1992 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines the process of privatization in Eastern and West Europe and considers whether the experiences acquired by the Western countries can be of help to the ex-socialist countries as they undergo transformation, or whether wholly new processes are required.
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.
Download or read book Privatisation against the European Social Model written by Marica Frangakis and published by Springer. This book was released on 2009-11-05 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses the EU as powerful driver of the wave of privatizations in the network industries and public services since the early 1990s. Based on theoretical arguments and empirical studies it examines the impact of these policies on what is regarded as the normative pillars of the European Social Model.
Download or read book East and West European Public private Partnerships written by Borislav Grahovac and published by Nova Publishers. This book was released on 2004 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book deals with an increasingly important topic. As governments are expected to provide their citizens with more services at less cost, the traditional vehicles of public sector agencies and companies prove to be too expensive. New forms of providing public services are needed. The study explains the basis for public ownership and how public ownership forms have changed over time to accommodate requirements of efficiency in economic and social environments that have become more complex. The book examines experiences in specific sectors and the form of management of public companies that have emerged, with a particular focus on the energy and communications sectors where government ownership has traditionally dominated.
Download or read book Privatization in the European Union written by Ginka Ognyanova Borisova and published by . This book was released on 2008 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Privatization in Eastern Europe written by Roman Frydman and published by Central European University Press. This book was released on 1994-01-01 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Eastern Europe privatization is now a mass phenomenon. The authors propose a model of it by means of an illustration from the example of Poland, which envisages the free provision of shares in formerly public undertakings to employees and consumers, and the provision of corporate finance from foreign intermediaries. One danger that emerges is that of bureaucratization. On the broader canvas, mass privatization implies the reform of the whole system, the creation of a suitable economic infrastructure for a market economy and the institutions of corporate governance. The authors point out the need for a delicate balance between evolution - which may be too slow - and design - which brings the risk of more government involvement than it is able to manage. A chapter originating as a European Bank working paper explores the banking implications of setting up a totally new financial sector with interlocking classes of assets. The economic effects merge into politics as the role of the state is investigated. Teachers and graduate students of public/private sector economies, East European affairs; advisers to bankers or commercial companies with Eastern European interests.
Download or read book Time to Rethink Privatization in Transition Economies written by John R. Nellis and published by World Bank Publications. This book was released on 1999-01-01 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: IFC Discussion Paper No. 38.QUOTEIt is now universally acknowledged that ownership matters; that private ownership in and of itself is a major determinant of good performance in firms... Decent economic policy and well-functioning legal and administrative institutions... matter greatly as well.QUOTEThis paper looks at what happens when the shift to private ownership gets far out in front of the effort to build the institutional underpinnings of a capitalist economy. The emphasis is on what went wrong and why and what, if anything, can be done to be correct it. Proposals include renationalization and/or postponement of further privatization, both to be accompanied by measures to strengthen the managerial capacities of the state. Neither approach seems likely to produce short-term improvements. The regrettable fact is that governments that botch privatization are equally likely to botch the management of state-owned firms. In a number of Central European transition countries, privatization is living up to expectations; and there is no need for such measures. For institutionally-weak countries, the less dramatic but reasonable short-term course of action is to push ahead more slowly with case- by-case and tender privatization in cooperation with the international assistance community in hopes of producing some success stories that will lead by example.
Download or read book Privatization and Culture written by Peter B. Boorsma and published by Springer Science & Business Media. This book was released on 2013-12-01 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: CARlA BODO Board Member of the Cultural Information and Research Centres liaison in Europe (CIRCLE) and Director of the Observatory for the Performing Arts at the Department of the Performing Arts of the Italian Prime Minister's Office, Roma The relation between the public and the private sector in the field of culture, the central theme of this publication, was thoroughly debated during the 1997 CIRCLE Round Table in Amsterdam. It was not the first time CIRCLE addressed this issue. In 1988 CIRCLE'S Bureau was invited to participate in a seminar in Budapest on The State, the Market and Culture. I will never forget the emotional impact of Sacha Rubinstein's demonization of state sup port and his apotheosis of the role of the market in the cultural field in Russia. So, in ad vance of actual events, we suddenly had a premonition of what was going to happen, ofthe turmoil which was about to radically change the socio-political scene of Central and East ern Europe. Six years later, in 1994, we met again in Budapest for a Conference on The Distribu tion of Roles between Government and Arts Councils, Associations and Foundations.
Download or read book Privatizing Public Enterprises in the European Union 1960 2002 written by Judith Clifton and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Privatization, recognized as one of the most important economic policy reforms from the 1970s, has attracted significant attention from scholars, and the literature on the topic is now vast. Yet there is little agreement on the reasons why governments privatized. Three dominant paradigms explaining European Union (EU) privatization put forward distinct motivations. The 'British paradigm' assumed that market-friendly ideology played a significant role in a path towards a global programme inspired by the UK experience. The 'multiple logics' approach observed that the UK was an anomaly, not a leader, and that EU privatization was so diverse that there were few, if any, common logics. The 'European paradigm' emphasized the importance of Europe in the context of a changing world and placed EU privatization in the context of economic and political integration. This article tests all three paradigms using comparative data on EU privatization by country and sector. Pragmatic concerns connected to European integration requirements, particularly in sectors such as telecommunications, transport and utilities, were of the utmost importance in motivating governments to privatize from the 1990s. Europe is thus a powerful explanatory factor when considering ongoing EU privatization.
Download or read book Privatization in the Transition Process written by United Nations Conference on Trade and Development and published by [Switzerland] : United Nations Conference on Trade and Development ; [Budapest, Hungary] : KOPINT-DATORG. This book was released on 1994 with total page 438 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Privatization and Growth written by Chander Kant and published by . This book was released on 2019 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: European ex-socialist countries' experience is exploited for two difference-in-differences analysis: effects of a) transition to a market economy, and b) accession to the European Union (EU) on oncome. Many countries adopting regime change simultaneously; and ten of them joining the EU mostly in 2004 provides a rich setting. Post-privatization growth varies by ex-ante institutional settings - whether they existed as separate countries before 1991 or came into being by break-up of a larger block - and by ex-post aspiration of (and then) joining the EU. We show starkly how unsuccessful was transition to a market economy - it increased income gap of most of them from the US for at least 13 years. The paper shows institutions are important/critical for growth in middle- or high-income countries of Europe also; and better institutions enhance the role of one (rather than all) proximate factor for growth. Using growth accounting, the growth effects are mostly driven by human capital (rather than by TFP). This paper a) presents a nuanced perspective on privatization's effect on growth, and b) identifies human capital to be the proximate factor through which the fundamental factor of institutions promotes growth.
Download or read book Critical Essays on the Privatisation Experience written by Philip Arestis and published by Palgrave MacMillan. This book was released on 2009 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: An addition to the 'International Papers in Political Economy Series', this edited work offers new developments in economic policy and theory. The experiences of privatisation and private finance initiatives are looked at in detail.
Download or read book Foreign Privatization in Central Eastern Europe written by John H. Dunning and published by . This book was released on 1993 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reviews foreign privatization experiences in Central and Eastern Europe, studies the foreign direct investment policies and experiences of Ireland and Portugal, and concludes with strategy and policy recommendations. Incorporates some conference papers from the second Annual Conference of Central and Eastern European Parliaments on Privatization, held in Warsaw in 1993.
