Oxford University Press WELFARE CONSEQUENCES of SELLING PUBLIC ENTERPRISES: An Empirical Analysis (A World Bank Book)

Product Description This policy-oriented book looks at the effects of and reasons behind public enterprise divestiture in economies where capitalism and socialism are combined. Case studies from Chile, Malaysia, Mexico, and the United Kingdom are used to assess the basic question of whether or not a country is better or worse off as a result of the divestiture of its public enterprises. A comparison of performance of individual enterprises before and after the divestiture act is part of the approach taken in this book. Review "The book is truly a tour de force that seriously contributes to the empirical study of divestiture by measuring its effects on sellers, buyers, consumers, workers, and competitors. The book should be enlightened to students, researchers and policy makers engaged in analyzing privitization."--The Southern Economic Journal"[A] thoughtful and balanced presentation."--Choice Synopsis This policy-oriented book looks at the effects of and reasons behind public enterprise divestiture in economies where capitalism and socialism are combined. Case studies from Chile, Malaysia, Mexico, and the United Kingdom are used to assess the basic question of whether or not a country is better or worse off as a result of the divestiture of its public enterprises. A comparison of performance of individual enterprises before and after the divestiture act is part of the approach taken in this book.