| Why Do Governments Divest?: The Macroeconomics of Privatization 2001 Edition Contributor(s): Schipke, Alfred (Author) |
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ISBN: 3540415793 ISBN-13: 9783540415794 Publisher: Springer OUR PRICE: $52.24 Product Type: Hardcover - Other Formats Published: March 2001 Annotation: 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. |
| Additional Information |
| BISAC Categories: - Political Science | Public Policy - Economic Policy - Business & Economics | Economics - Macroeconomics - Business & Economics | Money & Monetary Policy |
| Dewey: 338.925 |
| LCCN: 00054941 |
| Physical Information: 0.38" H x 6.14" W x 9.21" (0.86 lbs) 141 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: 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. |