Why Do Governments Divest?: The Macroeconomics of Privatization
On an unprecedented scale, nations at all income levels and across the political spectrum have initiated privatization programs over the past twenty years. In the course of this privatization movement, microeconomic efficiency arguments have become the standard justification for the divestment of pu...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Berlin, Heidelberg
Springer Berlin Heidelberg
2001
|
| Ausgabe: | 1st ed. 2001 |
| Schlagworte: | |
| Online-Zugang: | BTU01 URL des Erstveröffentlichers |
| Zusammenfassung: | On an unprecedented scale, nations at all income levels and across the political spectrum have initiated privatization programs over the past twenty years. In the course of this privatization movement, microeconomic efficiency arguments have become the standard justification for the divestment of public assets. Why Do Governments Divest? The Macroeconomics of Privatization presents an alternate view. This book argues that short-term macroeconomic considerations are often the true motive behind privatization programs, allowing politicians to exploit privatization for political gain by manipulating macroeconomic aggregates. Macroeconomic considerations can also influence the nature of privatization efforts, delaying necessary reforms in an effort to prevent undesirable short-run consequences. This focus on short-term objectives tends to hinder the achievement of economic efficiency and to impede progress towards higher living standards |
| Beschreibung: | 1 Online-Ressource (VIII, 141 p) |
| ISBN: | 9783642566820 |
| DOI: | 10.1007/978-3-642-56682-0 |
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| 520 | |a On an unprecedented scale, nations at all income levels and across the political spectrum have initiated privatization programs over the past twenty years. In the course of this privatization movement, microeconomic efficiency arguments have become the standard justification for the divestment of public assets. Why Do Governments Divest? The Macroeconomics of Privatization presents an alternate view. This book argues that short-term macroeconomic considerations are often the true motive behind privatization programs, allowing politicians to exploit privatization for political gain by manipulating macroeconomic aggregates. Macroeconomic considerations can also influence the nature of privatization efforts, delaying necessary reforms in an effort to prevent undesirable short-run consequences. This focus on short-term objectives tends to hinder the achievement of economic efficiency and to impede progress towards higher living standards | ||
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| discipline | Wirtschaftswissenschaften |
| discipline_str_mv | Wirtschaftswissenschaften |
| doi_str_mv | 10.1007/978-3-642-56682-0 |
| edition | 1st ed. 2001 |
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| spelling | Schipke, Alfred Verfasser aut Why Do Governments Divest? The Macroeconomics of Privatization by Alfred Schipke 1st ed. 2001 Berlin, Heidelberg Springer Berlin Heidelberg 2001 1 Online-Ressource (VIII, 141 p) txt rdacontent c rdamedia cr rdacarrier On an unprecedented scale, nations at all income levels and across the political spectrum have initiated privatization programs over the past twenty years. In the course of this privatization movement, microeconomic efficiency arguments have become the standard justification for the divestment of public assets. Why Do Governments Divest? The Macroeconomics of Privatization presents an alternate view. This book argues that short-term macroeconomic considerations are often the true motive behind privatization programs, allowing politicians to exploit privatization for political gain by manipulating macroeconomic aggregates. Macroeconomic considerations can also influence the nature of privatization efforts, delaying necessary reforms in an effort to prevent undesirable short-run consequences. This focus on short-term objectives tends to hinder the achievement of economic efficiency and to impede progress towards higher living standards Macroeconomics/Monetary Economics//Financial Economics Economic Policy Macroeconomics Economic policy Privatisierung (DE-588)4047297-8 gnd rswk-swf Wirtschaftsreform (DE-588)4066512-4 gnd rswk-swf (DE-588)4522595-3 Fallstudiensammlung gnd-content Wirtschaftsreform (DE-588)4066512-4 s Privatisierung (DE-588)4047297-8 s DE-604 Erscheint auch als Druck-Ausgabe 9783642625732 Erscheint auch als Druck-Ausgabe 9783540415794 Erscheint auch als Druck-Ausgabe 9783642566837 https://doi.org/10.1007/978-3-642-56682-0 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Schipke, Alfred Why Do Governments Divest? The Macroeconomics of Privatization Macroeconomics/Monetary Economics//Financial Economics Economic Policy Macroeconomics Economic policy Privatisierung (DE-588)4047297-8 gnd Wirtschaftsreform (DE-588)4066512-4 gnd |
| subject_GND | (DE-588)4047297-8 (DE-588)4066512-4 (DE-588)4522595-3 |
| title | Why Do Governments Divest? The Macroeconomics of Privatization |
| title_auth | Why Do Governments Divest? The Macroeconomics of Privatization |
| title_exact_search | Why Do Governments Divest? The Macroeconomics of Privatization |
| title_exact_search_txtP | Why Do Governments Divest? The Macroeconomics of Privatization |
| title_full | Why Do Governments Divest? The Macroeconomics of Privatization by Alfred Schipke |
| title_fullStr | Why Do Governments Divest? The Macroeconomics of Privatization by Alfred Schipke |
| title_full_unstemmed | Why Do Governments Divest? The Macroeconomics of Privatization by Alfred Schipke |
| title_short | Why Do Governments Divest? |
| title_sort | why do governments divest the macroeconomics of privatization |
| title_sub | The Macroeconomics of Privatization |
| topic | Macroeconomics/Monetary Economics//Financial Economics Economic Policy Macroeconomics Economic policy Privatisierung (DE-588)4047297-8 gnd Wirtschaftsreform (DE-588)4066512-4 gnd |
| topic_facet | Macroeconomics/Monetary Economics//Financial Economics Economic Policy Macroeconomics Economic policy Privatisierung Wirtschaftsreform Fallstudiensammlung |
| url | https://doi.org/10.1007/978-3-642-56682-0 |
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