Who Benefits from Privatisation?

Moazzem Hossain (Griffith University, Australia), Justin Malbon

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English

Routledge
22 October 1998

Economics; Privatisation; Public ownership & nationalisation

Series: Routledge Studies in the Modern World Economy

Privatisation has captivated governments, policy makers and

bureaucrats of both developed and developing countries over

the past few decades. It has led to the shifting of billions of dollars worth of assets from public to private ownership, the restructuring of industries, and the loss of thousands of jobs. Has it all been worth it and who has benefited? This edited collection examines the impact of privatisation and the lessons to be learnt from it for the purpose of regulatory reform. The contributors analyse the benefits and losses of privatisation in a variety of countries from economic, legal and consumer perspectives and address fundamental questions such as whether private ownership necessarily leads to better incentives for management and productivity. The book contains illustrative case studies of the Australian

telecommunications industry, the deregulation of the Swedish taxi and postal industries, Californian telecommunications

industries as well as discussing consumer responses to the privatisation of key utilities in the UK. The impact of privatisation in developing nations is also addressed, with particular reference to India and Malaysia. Justin Malbon, Giffith University, Australia; Michael Whincop, Giffith University, Australia; Stuart Rowland, Giffith University, Australia; Allan Brown, Griffith Universit

Edited by: Moazzem Hossain (Griffith University Australia), Justin Malbon
Imprint: Routledge
Country of Publication: United Kingdom
Volume: No.16
Dimensions: Height: 234mm, Width: 156mm, Spine: 18mm
Weight: 690g
ISBN: 9780415171892
ISBN 10: 041517189X
Series: Routledge Studies in the Modern World Economy
Pages: 292
Publication Date: 22 October 1998
Audience: College/higher education , Professional and scholarly , Professional & Vocational , Primary , Further / Higher Education
Format: Hardback
Publisher's Status: Active

Table of Contents Preface List of Tables List of Figures List of Contributors 1. Introduction Moazzem Hossain and Justin Malbon 2. Gaining Balance on the Regulatory Tightrope Justin Malbon 3. 'Plus ca Change ... ': The Effects of Markets and Corporate Law on the Governance of Privatised Enterprises Michael J. Whincop and Stuart Rowland 4. The Economics of Privatisation Allan Brown 5. Privatisation Doesn't Necessarily Equal Competition: The UK Experience Colin Meek 6. Preserving Consumer Protection and Education in a Deregulated Electric Services World: Challenges for the Post-Modern Regulator Michael Shames 7. Business Induced Barriers in Explaining the Effects of Deregulation: Two Swedish Case Studies Maria Bengtsson, Agneta Marell and Andrew Baldwin 8. Privatisation in Malaysia: A Social and Economic Paradox Winnie Goh and J.K. Sundram 9. Quantitive Analysis of Economic Reforms Outcomes of the Indian Manufacturing Sector Hiranyi Mukhopadhyay 10. Liberalisation and Privatisation: India's Telecommunications Reforms Moazzem Hossain 11. The Other Side of the National Competition Policy Debate: Perspective on the Public Interest and Community Services Eileen Webb 12. Cautionary Reflections on the Privatisation Push Charles Sampford Appendix

Moazzem Hossain, Justin Malbon