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privatization successes and failures
[Hardback - 2008]
gerard roland
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Category: Politics
Sub-category: Political Science
Publisher: Columbia University Press | ISBN: 9780231141604 | Pages: 256
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Description

The privatization of large state-owned enterprises is one of the most radical policy developments of the last quarter century. Right-wing governments have privatized in an effort to decrease the size of government, while left-wing governments have privatized either to compensate for the failures of state-owned firms or to generate revenues. In this way, privatization has spread from Europe to Latin America, from Asia to Africa, reaching its zenith with Central and Eastern Europe s transition from socialism to capitalism.

About the Author

Gérard Roland is professor of economics and political science at the University of California, Berkeley. A leading expert in the field of transition economics and institutional change, he is the author of Transition and Economics: Politics, Markets, and Firms.

Joseph E. Stiglitz is University Professor at Columbia University and former chief economist and senior vice president of the World Bank. Among his books are Escaping the Resource Curse and Globalization and Its Discontents, which has been translated into twenty-eight languages. In 2001 he was awarded the Nobel Prize in economics.

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