Privatisation and Development: Theory, Policy and Evidence

Author:   Claude V. Chang
Publisher:   Taylor & Francis Ltd
ISBN:  

9781138357143


Pages:   248
Publication Date:   31 January 2022
Format:   Paperback
Availability:   In Print   Availability explained
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Privatisation and Development: Theory, Policy and Evidence


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Overview

The book interrogates privatisation in terms of its effectiveness vis-à-vis its stated goals and more fundamentally in terms of its success in delivering economic development. It investigates why privatisation was successful in the UK and other OECD countries and why it has not met with equal success in developing countries. In this regard, it further examines the policy prescriptions of the IMF and World Bank in relation to the conceptualised benefits and theoretical assumptions underlying these supposed benefits. The author assesses the extent to which culture and customs, indeed the mode of production, stand in determinate relationship to the goals, techniques and outcome of the process. Furthermore, Chang examines the degree to which socioeconomic and moral consequences of privatisation have been ignored in pursuit of the ideological imperative implicit in the Washington Consensus. Hence, the book contributes to the reflective thought that must necessarily be part of theory validation, and provides the basis for a balanced and empirically-valid theory of privatisation.

Full Product Details

Author:   Claude V. Chang
Publisher:   Taylor & Francis Ltd
Imprint:   Routledge
Weight:   0.376kg
ISBN:  

9781138357143


ISBN 10:   1138357146
Pages:   248
Publication Date:   31 January 2022
Audience:   College/higher education ,  General/trade ,  Tertiary & Higher Education ,  General
Format:   Paperback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

Table of Contents

Contents: Preface; Part I Privatisation and Development: Privatisation and development: an overview. Part II Liberalisation and Consequences: Economic determinism as liberalisation; Inequality and consequences. Part III Privatisation and Development at Cross Purposes: Goals of privatisation; Techniques of privatisation; Eastern European countries and Russia. Part IV The Guyana Experience: A Country Study: Guyana: from recovery to 'at a tipping point'; The GEC: anatomy of a failed privatisation. Part V Concluding Policy Perspective: In praise of a holistic approach; Bibliography; Index.

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Author Information

Claude V. Chang is an Independent Consultant and Researcher. He was Secretary to the Treasury of Guyana and ex-officio member of the board of the Central Bank. Chang was also Adviser to the Public Accounts Committee, Guyana Parliament, and a former Member of the Governing Council of the University of Guyana. Chang has over 20 years international experience in the telecommunications industry in the US, Barbados, Guam and Guyana. He contributed a book chapter to DFID-funded Centre on Regulation and Competition at the University of Manchester, and contributed to the African Development Report 1999.

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