Bad Politics Makes Bad Policy: The Case of Queensland's Asset Sales Programme
AbstractOn 2 June 2009, the Queensland Government announced a programme of asset sales projected to realise $15 billion. In this article, the public case for privatisation put forward by the Queensland Government is shown to be wrong and, in important respects, deliberately misleading. It is argued that the presentation of a spurious case for privatisation has contributed to poor policy decisions regarding the choice of assets to be sold, the failure to restructure the rail industry to promote competition, and the adoption of inferior methods for sale. Copyright (c) 2010 The Economic Society of Australia.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by The Economic Society of Australia in its journal Economic Papers: A journal of applied economics and policy.
Volume (Year): 29 (2010)
Issue (Month): 1 (03)
Contact details of provider:
Postal: Central Council Administration, L.P.O. Box 2161, Hawthorn VIC 3122
Phone: 61 3 9497 4140
Fax: 61 3 9497 4140
Web page: http://www.blackwellpublishing.com/journal.asp?ref=0812-0439
More information through EDIRC
Other versions of this item:
- Quiggin, John, 2010. "Bad Politics makes bad policy: the case of Queensland's Asset Sales Program," Risk and Sustainable Management Group Working Papers 151523, University of Queensland, School of Economics.
- John Quiggin, 2010. "Bad politics makes bad policy: the case of Queensland’s asset sales program," Australian Public Policy Program Working Papers WPP10_1, Risk and Sustainable Management Group, University of Queensland.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Simon Grant & John Quiggin, 2006.
"The Risk Premium For Equity: Implications For Resource Allocation, Welfare And Policy ,"
Australian Economic Papers,
Wiley Blackwell, vol. 45(3), pages 253-268, 09.
- Grant, Simon & Quiggin, John, 2004. "The risk premium for equity: implications for resource allocation, welfare and policy," Risk and Sustainable Management Group Working Papers 151167, University of Queensland, School of Economics.
- Simon Grant & John Quiggin, 2004. "The risk premium for equity: implications for resource allocation, welfare and policy," Risk & Uncertainty Working Papers WPR04_8, Risk and Sustainable Management Group, University of Queensland.
- Stephen King & Rohan Pitchford, 1998. "Privatisation in Australia: Understanding the Incentives in Public and Private Firms," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 31(4), pages 313-328.
- R. Mehra & E. Prescott, 2010.
"The equity premium: a puzzle,"
Levine's Working Paper Archive
1401, David K. Levine.
- Simon Grant & John Quiggin, 2003. "Public Investment and the Risk Premium for Equity," Economica, London School of Economics and Political Science, vol. 70(277), pages 1-18, February.
- John Quiggin, 1995. "Does Privatisation Pay?," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 28(2), pages 23-42.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing) or (Christopher F. Baum).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.