Why Do Governments Divest?

The Macroeconomics of Privatization

Autoren: Schipke, Alfred

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  • ISBN 978-3-642-56682-0
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Über dieses Buch

On an unprecedented scale, nations at all income levels and across the political spectrum have initiated privatization programs over the past twenty years. In the course of this privatization movement, microeconomic efficiency arguments have become the standard justification for the divestment of public assets. Why Do Governments Divest? The Macroeconomics of Privatization presents an alternate view. This book argues that short-term macroeconomic considerations are often the true motive behind privatization programs, allowing politicians to exploit privatization for political gain by manipulating macroeconomic aggregates. Macroeconomic considerations can also influence the nature of privatization efforts, delaying necessary reforms in an effort to prevent undesirable short-run consequences. This focus on short-term objectives tends to hinder the achievement of economic efficiency and to impede progress towards higher living standards.

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From the reviews of the first edition:

"The policy of privatization – selling state-owned firms to the private sector - has grown from its relatively modest roots in Mrs. Thatcher’s Britain during the 1980s to be a world-scale phenomenon. … This is the theme of Schipke’s short, tightly focused and very useful book. … In fact, Schipke has carved out an interesting and under-researched niche – the macroeconomics of privatization. … The book is well written and … well edited and produced." (Journal of Economics, Vol. 77 (3), 2002)


Inhaltsverzeichnis (8 Kapitel)

Inhaltsverzeichnis (8 Kapitel)

Dieses Buch kaufen

eBook 64,19 €
Preis für Deutschland (Brutto)
  • ISBN 978-3-642-56682-0
  • Versehen mit digitalem Wasserzeichen, DRM-frei
  • Erhältliche Formate: EPUB, PDF
  • eBooks sind auf allen Endgeräten nutzbar
  • Sofortiger eBook Download nach Kauf
Hardcover 101,64 €
Preis für Deutschland (Brutto)
Softcover 82,38 €
Preis für Deutschland (Brutto)
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Bibliografische Information

Bibliographic Information
Buchtitel
Why Do Governments Divest?
Buchuntertitel
The Macroeconomics of Privatization
Autoren
Copyright
2001
Verlag
Springer-Verlag Berlin Heidelberg
Copyright Inhaber
Springer-Verlag Berlin Heidelberg
eBook ISBN
978-3-642-56682-0
DOI
10.1007/978-3-642-56682-0
Hardcover ISBN
978-3-540-41579-4
Softcover ISBN
978-3-642-62573-2
Auflage
1
Seitenzahl
VIII, 141
Themen