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Author: Alfred Schipke
Publisher: Springer Science & Business Media
ISBN: 3642566820
Category : Business & Economics
Languages : en
Pages : 162
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Book 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.
Author: Alfred Schipke
Publisher: Springer Science & Business Media
ISBN: 3642566820
Category : Business & Economics
Languages : en
Pages : 162
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Book 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.
Author: Alfred Schipke
Publisher:
ISBN: 9783642566837
Category :
Languages : en
Pages : 152
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Book Description
Author: Mark Cassell
Publisher: Georgetown University Press
ISBN: 9781589013438
Category : Political Science
Languages : en
Pages : 322
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Book Description
Governments throughout the world confront enormous challenges when divesting. Whether it is poor-performing bank loans in Japan and Korea, military bases in the United States, or real estate in eastern Europe, the challenge of public divestment is more than just a question of how to map a path to economic efficiency. Conventional wisdom in public management and privatization literature says that the execution of such enormous tasks as divestment is typically done poorly, and that the government strategy is likely to be inefficient. Mark Cassell argues that privatization must be understood as a political and administrative puzzle rather than simply an exercise in economic efficiency. This study of two successful divestment agencies — the U.S. Resolution Trust Corporation and the German Treuhandanstalt — presents a complex understanding of the two agencies' performance in privatizing hundreds of billions of dollars of assets following two very different crises, the savings and loan debacle in the United States and unification in Germany. In the U.S., the worst economic problem since the Great Depression forced the government to recreate and reshape private property on an immense scale. In Germany, melding East and West Germany involved converting an entire national economy that employed more than four million people. In each case, unassuming public agencies handled two of the largest public sales of assets in this century. Cassell identifies the importance and effects of managerial structures and of national institutions — legislatures and executives — on the outcomes of the reform efforts. This book will be of interest to those interested in alternatives to traditional public-sector structures, electoral connections to bureaucracies, comparative political economy, and the historic events of the aftermath of the savings and loan crisis and German unification. It is crucial reading for policy and public administration practitioners and scholars alike.
Author: Sunita Kikeri
Publisher: World Bank Publications
ISBN: 9780821341483
Category : Political Science
Languages : en
Pages : 60
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Book Description
Despite its importance, labor is one of the least addressed issues in privatization. The lack of information on the employment impact of privatization has exacerbated the fears and concerns of governments and workers alike. This paper examines the effects of privatization on labor and analyzes the mechanisms that governments can use to minimize the political and social costs of labor restructuring in privatization, by drawing on the experience of mixed economies.
Author:
Publisher: World Bank Publications
ISBN: 9780195211061
Category : Business & Economics
Languages : en
Pages : 370
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Book Description
Refer review of this policy book in 'Journal of International Development, vol. 10, 7, 1998. pp.841-855.
Author: Sunita Kikeri
Publisher: World Bank Group
ISBN: 9781280003813
Category : Business & Economics
Languages : en
Pages : 46
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Book Description
Author: Ken-Hou Lin
Publisher: Oxford University Press, USA
ISBN: 0190638311
Category : Business & Economics
Languages : en
Pages : 241
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Book Description
Finance is an inescapable part of American life. From how one pursues an education, buys a home, runs a business, or saves for retirement, finance orders the lives of ordinary Americans. And as finance continues to expand, inequality soars. In Divested, Ken-Hou Lin and Megan Tobias Neely demonstrate why widening inequality cannot be understood without examining the rise of big finance. The growth of the financial sector has dramatically transformed the American economy by redistributing resources from workers and families into the hands of owners, executives, and financial professionals. The average American is now divested from a world driven by the maximization of financial profit. Lin and Neely provide systematic evidence to document how the ascendance of finance on Wall Street, Main Street, and among households is a fundamental cause of economic inequality. They argue that finance has reshaped the economy in three important ways. First, the financial sector extracts resources from the economy at large without providing economic benefits to those outside the financial services industry. Second, firms in other economic sectors have become increasingly involved in lending and investing, which weakens the demand for labor and the bargaining power of workers. And third, the escalating consumption of financial products by households shifts risks and uncertainties once shouldered by unions, corporations, and governments onto families. A clear, comprehensive, and convincing account of the forces driving economic inequality in America, Divested warns us that the most damaging consequence of the expanding financial system is not simply recurrent financial crises but a widening social divide between the have and have-nots.
Author: John R. Nellis
Publisher: World Bank Publications
ISBN: 9780821321812
Category : Business & Economics
Languages : en
Pages : 100
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Book Description
Governance, as defined by the World Bank in its 1992 report, Governance and Development, is the manner in which power is exercised in the management of a country's economic and social resources for development. The report deemed it is within the Bank's mandate to focus on the following: -the process by which authority is exercised in the management of a country's economic and social resources -the capacity of governments to design, formulate, and implement policies and discharge functions. Also available: Governance: The World Bank's Experience (ISBN 0-8213-2804-2) Stock No. 12804.
Author: Edgar H. Brookes
Publisher: Taylor & Francis
ISBN: 1000624412
Category : History
Languages : en
Pages : 190
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Book Description
Originally published in 1968, this volume traces the history and growth of Apartheid in South Africa. The acts which enforced Apartheid – the Group Areas Act, Population and Registration Act are given in full. The book also includes documents which reflected reaction to these measures: Parliamentary debates, newspaper reports and policy statements by the leading political parties and religious denominations. The documents are headed by a full historical and analytical introduction.
Author: Omar Barghouti
Publisher: Haymarket Books
ISBN: 1608461149
Category : History
Languages : en
Pages : 322
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Book Description
"I have been to Palestine where I've witnessed the racially segregated housing and the humiliation of Palestinians at military roadblocks. I can't help but remember the conditions we experienced in South Africa under apartheid. We could not have achieved our freedom without the help of people around the world using the nonviolent means of boycotts and divestment to compel governments and institutions to withdraw their support for the apartheid regime. Omar Barghouti's lucid and morally compelling book is perfectly timed to make a major contribution to this urgently needed global campaign for justice, freedom and peace." --Archbishop Desmond Tutu THIRTY YEARS ago, an international movement utilizing boycott, divestment, and sanction (BDS) tactics rose in solidarity with those suffering under the brutal apartheid regime of South Africa. The historic acts of BDS activists from around the world isolated South Africa as a pariah state and heralded the end of apartheid. Now, as awareness of the apartheid nature of the State of Israel continues to grow, Omar Barghouti, founding member of the Palestinian Civil Society Boycott, Divestment and Sanctions (BDS) campaign against Israel, presents a renewed call to action. Aimed at forcing the State of Israel to uphold international law and universal human rights for the Palestinian people, here is a manifesto for change. "No one has done more to build the intellectual, legal and moral case for BDS than Omar Barghouti. The global Palestinian solidarity movement has been transformed and is on the cusp of major new breakthroughs." --Naomi Klein, author of The Shock Doctrine and No Logo "There is no more comprehensive and persuasive case than his for boycott, divestment, and sanctions to end the Israeli occupation and establish the ethical claim of Palestinian rights." --Judith Butler, University of California at Berkeley
