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Privatization and Development
| Content Provider | Scilit |
|---|---|
| Author | Wettenhall, Roger |
| Copyright Year | 2017 |
| Description | This chapter begins with observations on the public enterprise/development nexus, before the chance of properly understanding the privatization/development nexus, which became a familiar subject for discussion in the later 20th century. It discusses that the sale of state-owned enterprises is probably the hardest form of privatization recognized in the reform discourse. The chapter explains the large public enterprise network established in 19th and early 20th century Australia put it far apart from the "mother country" and made it effectively a "pioneer among developing countries". An International Centre for Public Enterprises in Developing Countries, established in Ljubljana with the support of the old Yugoslavian government, attracted academics and practitioners from many third-world countries. Principal-agent theory, public choice theory, and transaction analysis — have all taught that private ownership and enterprise are more efficient than their public equivalents, and they have been embraced enthusiastically by the new public management governance paradigm. Book Name: International Development Governance |
| Related Links | https://api.taylorfrancis.com/content/chapters/edit/download?identifierName=doi&identifierValue=10.4324/9781315092577-26&type=chapterpdf |
| Ending Page | 493 |
| Page Count | 23 |
| Starting Page | 471 |
| DOI | 10.4324/9781315092577-26 |
| Language | English |
| Publisher | Informa UK Limited |
| Publisher Date | 2017-09-25 |
| Access Restriction | Open |
| Subject Keyword | Book Name: International Development Governance Public Administration Private Countries Public Enterprise 20th Century |
| Content Type | Text |
| Resource Type | Chapter |
