Publisher's Synopsis
Proponents of privatization policies have argued that they will result in significant improvements in efficiency in the public sector, while critics question whether a reduced role for government in sectors such as energy and communications is a good thing. This volume provides much needed evidence on these central issues of increased efficiency and improved performance by drawing together current analysis and results on the performance of public and private firms, and by setting out a wide range of case studies in sectors where privatisation policies have been implemented or where they are in prospect. In their introduction, the editors evaluate the current state of the privatisation debate and provide recommendations for the development of policy.;Policy makers in business and government; economists; lawyers; civil servants; industrialists; first-degree students of industrial economics.