Advanced Search
MyIDEAS: Login to save this paper or follow this series

Le privatizzazioni come mito riformista

Contents:

Author Info

  • Massimo FLORIO

    ()

Abstract

This paper suggests that efficiency considerations do not explain why privatization policy is so appealing to the centre-left parties in Europe. Divestitures of state owned corporations in the UK and elsewhere were implemented by right wing parties with the over-arching objective to defeat trade unions. The productivity and welfare changes were modest or negligible, sometimes negative. Why reformers of the left support privatization? The paper suggests that efficiency motivations are weaker than usually said by a mostly biased privatization empirical literature and by free-market apologetics. The reason lies in nature of the privatized corporation, which is very far from a competitive enterprise. The paper conjectures that the centre-left seeks by its support to privatization to gain political rents. This implies to surrender financial rents to the globalized financial actors, to be paid out by political support or neutrality to centre-left government. This strategy is at high risk of be captured by the financial elites and poses a threat to democracy. A state without ownership, with a marginal role in service provision, becomes a tax, - and – transfer, law, - and – order state, with little democratic legitimacy. Public provision of service should be reformed as an explicit social inclusion mechanism, based on clearly stated policy goals and involvement of users. The EU should instead build on flexible tools to achieve common goals in terms of citizen’ access to those services that have a community-building content

Download Info

If 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.
File URL: http://wp.demm.unimi.it/tl_files/wp/2007/DEMM-2007_008wp.pdf
Download Restriction: no

Bibliographic Info

Paper provided by Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano in its series Departmental Working Papers with number 2007-08.

as in new window
Length:
Date of creation: 06 Mar 2007
Date of revision:
Handle: RePEc:mil:wpdepa:2007-08

Contact details of provider:
Postal: Via Conservatorio 7, I-20122 Milan - Italy
Phone: +39 02 50321522
Fax: +39 02 50321505
Web page: http://www.demm.unimi.it
More information through EDIRC

Related research

Keywords: Privatization policy; European centre-left politics;

Find related papers by JEL classification:

This paper has been announced in the following NEP Reports:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:mil:wpdepa:2007-08. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (DEMM Working Papers).

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.