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Privatization Experiences in the European Union (CESifo Seminar Series)

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 Parke,r Gérard Pogorel, Friedrich Schneider, Eric van Damme, Ingo Vogelsang, Johan Willner

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Author: Hans-Werner Sinn

Editor/Translator: Marko Köthenbürger, Hans-Werner Sinn, John Whalley,

Binding: Hardcover

Condition: New

Manufacturer: The MIT Press

Number of items: 1

Number of pages: 448

Product group: Book

Studio: The MIT Press

Publication Date: August 18, 2006

Publisher: The MIT Press

Pages: 448

EAN: 9780262112963

ISBN: 0262112965

ASIN: 0262112965

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Hans-Werner Sinn
Präsident des ifo Instituts a.D., Professor für Nationalökonomie und Finanzwissenschaft an der Universität München Impressum: http://www.hanswernersinn.de/de/impressum