Synopsis
The last ten years have been the decade of privatization and deregulation. Professor Michael Beesley has played an important role in these changes. He conducted the first public enquiry on liberalizing telecommunications and advised government on forthcoming legislation in telecommunications, buses, and water as well as advising the new regulators. Equally important, he has made significant contributions to the basic economic arguments underlying the reforms. "Privatization, Regulation and Deregulation" collects his most important work in this area. It includes hitherto unpublished papers representing the author's advice to Ministers at various stages in the privatization process, and also discusses how he undertook the equally difficult but necessary task of reconciling two contrasting models of economic analysis - the neo-classical and Austrian traditions - in order to make the rationale for privatization more cogent. Throughout, the author remains critical of the policies adopted, but always with corresponding suggestions for improvements, and keeps the problem of managing the several regulators' active tasks in sight. This book should be of interest to lecturers and students of economics and public policy.
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Présentation de l'éditeur
In this second edition of Privatization, Regulation and Deregulation, the author has updated and augmented the original material to take account of developments over the last 5 years. This volume includes ten completely new chapters and coverage of the critical period from 1981to the present. The book provides a unique insight into the privatization and regulatory procedure. In addition, it presents a significant contribution to the basic economic arguments underlying these reforms to practitioners involved in privatization and regulation.
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