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Author Obinger, Herbert, 1970-
Title The political economy of privatization in rich democracies / Herbert Obinger, Carina Schmitt, and Stefan Traub.
Imprint Oxford : Oxford University Press, 2016.
Edition First edition.

View online
View online
Author Obinger, Herbert, 1970-
Subject Privatization.
Alt Name Schmitt, Carl,
Traub, Stefan, 1968-
Description 1 online resource : illustrations (black and white), maps (black and white)
Edition First edition.
Bibliography Note Includes bibliographical references and index.
Summary Almost all advanced democracies have launched significant privatisation programs over the last three decades. However, while there was a global run into privatisation, substantial cross-national differences in the divesture of state-owned enterprises can be observed. This book focuses on the political economy of privatisation, and addresses many questions.
Contents Cover; The Political Economy of Privatization in Rich Democracies; Copyright; Acknowledgements; Contents; List of Figures; List of Tables; 1: Introduction; The Structure of the Book; 2: The Emergence of Public Enterprises in Historical Perspective; Money for Monarchs and the Public Purse; The Great Transformation; Unification and Consolidation of Nation-States and Empires; National Defence and War; Economic Considerations; Party Politics and Ideology; The Five Ms; The Golden Age and Its Demise; 3: Determinants of Privatization and State of the Art; Economic Performance; GDP Growth Rates.
Fiscal Problems: Budget Deficits and Public DebtUnemployment; Inflation; The Stage of Economic Development; Actor Preferences; Political Partisanship; Interest Groups; Institutions; Consensus vs. Majoritarian Democracy; Veto Players; Legal Origin; Capital Market Development; Constitutional Provisions; The Initial Size of the SOE Sector; International Influences; Economic Integration; Europeanization; Spatial Diffusion; Upshot; 4: Mapping the Entrepreneurial State: Data and National Trajectories of Privatization; Privatization: Conceptualization and Data.
Mapping the Size and Change of the Entrepreneurial StateSummary; 5: The Determinants of Privatization: Empirical Findings; Convergence Analysis; Sigma Convergence; Beta Convergence; Constitutional Framework and Privatization of Public Utilities; Partisan Politics and Privatization Policies; The Diffusion of Privatization Policies; Summary; 6: Conclusion and Outlook; Public Entrepreneurship in the Long Run; The Impact of the Financial Crisis; Epilogue; APPENDIX; References; Index.
Note Online resource; title from home page (viewed on January 27, 2016).
ISBN 9780191756078
OCLC # 945784117
Additional Format Print version : 9780199669684

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