Why Do Governments Divest
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Why Do Governments Divest
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Author : Alfred Schipke
language : en
Publisher: Springer Science & Business Media
Release Date : 2011-06-28
Why Do Governments Divest written by Alfred Schipke and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-06-28 with Business & Economics categories.
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. This book presents an alternate view and argues that short-term macroeconomic considerations are often the true motive behind privatization programs. Why Do Government Divest? The Macroeconomics of Privatization is a comprehensive treatment of the macroeconomic issues of privatization. In addition to reviewing topics in economic growth and efficiency, this book explores the fiscal, monetary, balance-of-payments, and employment aspects of privatization. Several diverse case studies illustrate how the pursuit of such short-term political objectives can reduce the benefits of privatization.
Why Do Governments Divest
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Author : Alfred Schipke
language : en
Publisher:
Release Date : 2001-03-13
Why Do Governments Divest written by Alfred Schipke and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001-03-13 with categories.
How Governments Privatize
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Author : Mark Cassell
language : en
Publisher: Georgetown University Press
Release Date : 2003-08-01
How Governments Privatize written by Mark Cassell and has been published by Georgetown University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-08-01 with Political Science categories.
Governments throughout the world confront enormous challenges when divesting. Whether it is poor-performing bank loans in Japan and Korea, military bases in the United States, or real estate in eastern Europe, the challenge of public divestment is more than just a question of how to map a path to economic efficiency. Conventional wisdom in public management and privatization literature says that the execution of such enormous tasks as divestment is typically done poorly, and that the government strategy is likely to be inefficient. Mark Cassell argues that privatization must be understood as a political and administrative puzzle rather than simply an exercise in economic efficiency. This study of two successful divestment agencies — the U.S. Resolution Trust Corporation and the German Treuhandanstalt — presents a complex understanding of the two agencies' performance in privatizing hundreds of billions of dollars of assets following two very different crises, the savings and loan debacle in the United States and unification in Germany. In the U.S., the worst economic problem since the Great Depression forced the government to recreate and reshape private property on an immense scale. In Germany, melding East and West Germany involved converting an entire national economy that employed more than four million people. In each case, unassuming public agencies handled two of the largest public sales of assets in this century. Cassell identifies the importance and effects of managerial structures and of national institutions — legislatures and executives — on the outcomes of the reform efforts. This book will be of interest to those interested in alternatives to traditional public-sector structures, electoral connections to bureaucracies, comparative political economy, and the historic events of the aftermath of the savings and loan crisis and German unification. It is crucial reading for policy and public administration practitioners and scholars alike.
Privatization And Labor
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Author : Sunita Kikeri
language : en
Publisher: World Bank Publications
Release Date : 1998
Privatization And Labor written by Sunita Kikeri and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Political Science categories.
Despite its importance, labor is one of the least addressed issues in privatization. The lack of information on the employment impact of privatization has exacerbated the fears and concerns of governments and workers alike. This paper examines the effects of privatization on labor and analyzes the mechanisms that governments can use to minimize the political and social costs of labor restructuring in privatization, by drawing on the experience of mixed economies.
Privatization And Labor
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Author : Sunita Kikeri
language : en
Publisher: World Bank Publications
Release Date : 1998
Privatization And Labor written by Sunita Kikeri and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Business & Economics categories.
Despite its importance, labor is one of the least addressed issues in privatization. The lack of information on the employment impact of privatization has exacerbated the fears and concerns of governments and workers alike. This paper examines the effects of privatization on labor and analyzes the mechanisms that governments can use to minimize the political and social costs of labor restructuring in privatization, by drawing on the experience of mixed economies.
Bureaucrats In Business
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Author :
language : en
Publisher: World Bank Publications
Release Date : 1995
Bureaucrats In Business written by and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Business & Economics categories.
Refer review of this policy book in 'Journal of International Development, vol. 10, 7, 1998. pp.841-855.
Divested
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Author : Ken-Hou Lin
language : en
Publisher: Oxford University Press, USA
Release Date : 2020-01-06
Divested written by Ken-Hou Lin and has been published by Oxford University Press, USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-01-06 with Business & Economics categories.
Finance is an inescapable part of American life. From how one pursues an education, buys a home, runs a business, or saves for retirement, finance orders the lives of ordinary Americans. And as finance continues to expand, inequality soars. In Divested, Ken-Hou Lin and Megan Tobias Neely demonstrate why widening inequality cannot be understood without examining the rise of big finance. The growth of the financial sector has dramatically transformed the American economy by redistributing resources from workers and families into the hands of owners, executives, and financial professionals. The average American is now divested from a world driven by the maximization of financial profit. Lin and Neely provide systematic evidence to document how the ascendance of finance on Wall Street, Main Street, and among households is a fundamental cause of economic inequality. They argue that finance has reshaped the economy in three important ways. First, the financial sector extracts resources from the economy at large without providing economic benefits to those outside the financial services industry. Second, firms in other economic sectors have become increasingly involved in lending and investing, which weakens the demand for labor and the bargaining power of workers. And third, the escalating consumption of financial products by households shifts risks and uncertainties once shouldered by unions, corporations, and governments onto families. A clear, comprehensive, and convincing account of the forces driving economic inequality in America, Divested warns us that the most damaging consequence of the expanding financial system is not simply recurrent financial crises but a widening social divide between the have and have-nots.
Privatization
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Author : John R. Nellis
language : en
Publisher: World Bank Publications
Release Date : 1992-01-01
Privatization written by John R. Nellis and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992-01-01 with Business & Economics categories.
Governance, as defined by the World Bank in its 1992 report, Governance and Development, is the manner in which power is exercised in the management of a country's economic and social resources for development. The report deemed it is within the Bank's mandate to focus on the following: -the process by which authority is exercised in the management of a country's economic and social resources -the capacity of governments to design, formulate, and implement policies and discharge functions. Also available: Governance: The World Bank's Experience (ISBN 0-8213-2804-2) Stock No. 12804.
The Petroleum Industry
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Author : United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Antitrust and Monopoly
language : en
Publisher:
Release Date : 1975
The Petroleum Industry written by United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Antitrust and Monopoly and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1975 with Antitrust law categories.
The Petroleum Industry S 2387
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Author : United States. Congress. Senate. Committee on the Judiciary
language : en
Publisher:
Release Date : 1976
The Petroleum Industry S 2387 written by United States. Congress. Senate. Committee on the Judiciary and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1976 with Antitrust law categories.