At the end of the 1970s, the prospect of privatising public enterprises which operated in sectors such as water, telecommunications, railways or air transportation seemed a thoroughly unappealing one in political terms. Not even the future privatisation champion', the British Conservative Party, envisaged this kind of reform when it came to power in 1979. Only two decades later, however, privatisation had become a global fashion. The EU region has been at the forefront of these developments. What are the factors that explain this shift?
Judith Clifton, Francisco Comin and Daniel Diaz...

At the end of the 1970s, the prospect of privatising public enterprises which operated in sectors such as water, telecommunications, railways or air transportation seemed a thoroughly unappealing one in political terms. Not even the future privatisation champion', the British Conservative Party, envisaged this kind of reform when it came to power in 1979. Only two decades later, however, privatisation had become a global fashion. The EU region has been at the forefront of these developments. What are the factors that explain this shift?
Judith Clifton, Francisco Comin and Daniel Diaz...

Utilities have long been essential for societies, supplying basic services for nations, organizations and households alike. The proper functioning and regulation of utilities is therefore critical for the economy, society and security.