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Privatization and Equity

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Description

Privatization creates gainers and losers. Increasingly, governments, particularly those in developing countries, are coming to realize that privatization can have a very severe economic impact and raises problems of equity. Yet remedial actions are often inadequate and unsystematic. In "Privatization and Equity", the authors look at some of the problems brought about by the change to private ownership. They identify factors which can lead to greater inequality, including changes in market structure, foreign ownership and operating policies. They also highlight the consequences of ignoring considerations of equity. In the short term these can discredit privatization programmes, and in the long term might even see them reversed.

Author Biography:

Professor V.V. Ramanadham is Coordinator of the UNDP Interregional Network on Privatization. He has been engaged in research in the field of public enterprise, privatization and industrial economics for over forty-five years, and has numerous publications in the area. Recent books include Public Enterprise and Income Distribution, The Economics of Public Enterprise, Privatization in the UK (ed.), Privatization: A Global Perspective (ed.) and Constraints and Impacts of Privatization (ed.). He is an Associate Fellow of Templeton College, Oxford, and the Founder-Director of the Institute of Public Enterprise, India.
Release date NZ
March 23rd, 1995
Audience
  • Tertiary Education (US: College)
Contributor
  • Edited by V.V. Ramanadham
Pages
296
Dimensions
156x234x18
ISBN-13
9780415118989
Product ID
2249812

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Equity & trusts