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regulation, but privatization entails the transfer of a natural monopoly to another subject with completely different objectives … compared with the public operator. The present work wants to analyse the highway privatization processes in Italy and Japan … consequences on the general economic well – being according to a public economics viewpoint. Italy implemented a real privatization …
Persistent link: https://www.econbiz.de/10008855568
Since the early nineties in Swedish starts a welfare state transformation process that allows the participation of private operators in sectors emblematic of the welfare state, such as education, health, child care and assistance to adults. To date, experience shows that the coexistence of...
Persistent link: https://www.econbiz.de/10010891756
aspects of water management. First, despite clear failings of privatization over the past twenty years, state support for the …
Persistent link: https://www.econbiz.de/10010892966
Persistent link: https://www.econbiz.de/10010894184
In order to analyze the optimal degree of privatizing an upstream public firm, this paper sets up a vertically related market that consists of an upstream mixed oligopoly with one public firm and m private firms and a downstream oligopoly with n private firms. The major findings of this paper...
Persistent link: https://www.econbiz.de/10010895330
Revitalizing the Jamaican Economy: Policies for Sustained Growth aims to improve our understanding of the constraints to social and economic development in Jamaica. It also proposes practical solutions to overcome some of those problems. This book is a collection of studies commissioned by the...
Persistent link: https://www.econbiz.de/10010895467
Latin America suffered a profound state crisis in the 1980s, which prompted not only the wave of macroeconomic and deregulation reforms known as the Washington Consensus, but also a wide variety of institutional or 'second generation' reforms. 'The State of State Reform in Latin America' reviews...
Persistent link: https://www.econbiz.de/10010895471
The financial services sectors of Romania and Estonia moved towards privatization in sharply contrasting manners. For a … paper; few steps were made towards its fulfillment. By contrast, Estonia's experience of privatization was generally a …
Persistent link: https://www.econbiz.de/10010961616
Fama and French’s (1999) internal rate of return method is applied to Datastream data from 1993-2001 for 81 non-financial firms listed on the New Zealand Stock Exchange. The nominal return on value is 7.09%. The real return on value is 5.07%. The nominal return on cost is 11.59%. The real...
Persistent link: https://www.econbiz.de/10011142664
Nowadays, public-private partnerships (PPPs) have resulted into a world-wide instrument for governments facing insufficient resources for growing public investment needs. Despite the general interest surrounding the cooperation between public bodies and private companies, the tendency of...
Persistent link: https://www.econbiz.de/10011207951