IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-0-230-37300-6_15.html
   My bibliography  Save this book chapter

Privatisation

In: Growth, Unemployment, Distribution and Government

Author

Listed:
  • Vani K Borooah

    (University of Ulster)

Abstract

The previous chapter discussed the growth of government, over the past three decades, in the countries of the Organization for Economic Co-operation and Development (OECD). One feature of the 1980s, common to several countries of the industrialised world, was an attempt to curb the growth of government by ‘rolling back’ the frontiers of the state, a feature that was sufficiently widespread and strong to be termed the ‘Conservative Revolution’.1 One aspect of this attempt by government to divest itself of some of its involvement in the economy was the transfer to the private sector of many of the economic activities that had earlier been carried out by the public sector, a process that was labelled privatisation. In 1992, across the world, $69 billion worth of state-owned firms passed into private hands and, if planned privatisations materialise, this figure could double by the year 2000.2 Indeed, a policy that, in 1983, appeared heretical to all but the most radical believer in free markets, is today a part of conventional economic wisdom.

Suggested Citation

  • Vani K Borooah, 1996. "Privatisation," Palgrave Macmillan Books, in: Growth, Unemployment, Distribution and Government, chapter 15, pages 132-139, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-37300-6_15
    DOI: 10.1057/9780230373006_15
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-0-230-37300-6_15. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.