Who Benefits from Privatisation?
Routledge Studies in the Modern World Economy
Editor: Moazzem Hossain
Editor: Justin Malbon
Table of Contents
Table of Contents Preface List of Tables List of Figures List of Contributors 1. Introduction Moazzem
Hossain and Justin Malbon 2. Gaining Balance on the Regulatory Tightrope Justin Malbon 3. 'Plus ca
Change ... ': The Effects of Markets and Corporate Law on the Governance of Privatised Enterprises
Michael J. Whincop and Stuart Rowland 4. The Economics of Privatisation Allan Brown 5. Privatisation
Doesn't Necessarily Equal Competition: The UK Experience Colin Meek 6. Preserving Consumer
Protection and Education in a Deregulated Electric Services World: Challenges for the Post-Modern
Regulator Michael Shames 7. Business Induced Barriers in Explaining the Effects of Deregulation: Two
Swedish Case Studies Maria Bengtsson, Agneta Marell and Andrew Baldwin 8. Privatisation in Malaysia:
A Social and Economic Paradox Winnie Goh and J.K. Sundram 9. Quantitive Analysis of Economic
Reforms Outcomes of the Indian Manufacturing Sector Hiranyi Mukhopadhyay 10. Liberalisation and
Privatisation: India's Telecommunications Reforms Moazzem Hossain 11. The Other Side of the National
Competition Policy Debate: Perspective on the Public Interest and Community Services Eileen Webb 12.
Cautionary Reflections on the Privatisation Push Charles Sampford Appendix
Privatisation has captivated governments, policy makers and bureaucrats of both developed and
developing countries over the past few decades. It has led to the shifting of billions of dollars worth of
assets from public to private ownership, the restructuring of industries, and the loss of thousands of jobs.
Has it all been worth it and who has benefited?
This edited collection examines the impact of privatisation and the lessons to be learnt from it for the
purpose of regulatory reform. The contributors analyse the benefits and losses of privatisation in a variety
of countries from economic, legal and consumer perspectives and address fundamental questions such
as whether private ownership necessarily leads to better incentives for management and productivity.
The book contains illustrative case studies of the Australian telecommunications industry, the
deregulation of the Swedish taxi and postal industries, Californian telecommunications industries as well
as discussing consumer responses to the privatisation of key utilities in the UK. The impact of
privatisation in developing nations is also addressed, with particular reference to India and Malaysia.