This title is the first in the Critical Perspectives on the World Economy series. It brings together contributions on privatization, including material on the philosophical and historical context. Specific subjects covered include: regulation and competition policy, different forms and techniques of privatization, and the impact of privatization. Drawing on a range of sources, the collection includes material by Hayek, Harold Demsetz, Douglass North, Janos Kornai, Jean Tirole and Jeffrey Sachs. It should be a useful reference for policy makers, as well as academics concerned with economic...

This book analyses the role of deregulation, competition and modernization in telecommunications and energy in Europe, particularly in Eastern Europe. It features a comprehensive analysis of telecommunications policy and industry developments in the EU and selected postsocialist countries; the focus is on deregulation of public utilities, especially the electricity sector. Policy options for systemic transition are evaluated: Ex-GDR, Poland, Czech Republic and Russia. The book provides new data, information on institutional changes and new theoretical approaches to network industries....

The book is divided into three major sections. The first presents a theoretical discussion that underlies the other essays. The second section deals with privatization issues from the perspective of the United States. The third describes research addressed to the U. K. and Canada. In the first chapter, Richard Zeckbauser and Murray Horn develop a wide-ranging theoretical framework for assessing the capabilities and role of state-owned enterprises; it provides a foundation for the analyses that follow. In The Control and Perfonnance o[ State-Owned Enterprises , they describe state-owned...