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Privatization Experiences in the European Union (CESifo Seminar Series)
 
 
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Privatization Experiences in the European Union (CESifo Seminar Series) [Hardcover]

Marko Köthenbürger (Editor), Hans-Werner Sinn (Editor), John Whalley (Editor)

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Book Description

CESifo Seminar Series August 18, 2006

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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About the Author

John Whalley is Professor of Economics at the University of Western Ontario, Research Associate at NBER, and Coordinator of the Global Economy Group at CESifo.



Arthur Miller is a novelist and dramatist. The 86-year-old playwright, born in New YorkCity, has enriched the stage for more than five decades with his plays, including his initialBroadway success, All My Sons (1947) and the Pulitzer Prize--winning, Death of aSalesman (1948). His novels, Focus (Reynal & Hitchcock, 1945) and Homely Girl (VikingBooks, 1992), were both recently made into movies. He is also the author of severalvolumes of short stories, screenplays, award-winning television drama, essays, travel pieces,an autobiography, Timebends: A Life (Grove Press, 1987), and several other nonfictionworks, including a book about his experiences directing a production of Death of a Salesmanin Beijing. Mr. Miller has been president of PEN and is active in the internationalliterary organization that fights censorship and government repression of writers worldwide.He resides in the United States in Roxbury, Connecticut.


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