The great divestiture : evaluating the welfare impact of the British privatizations, 1979-1997

Resource Information

The work The great divestiture : evaluating the welfare impact of the British privatizations, 1979-1997 represents a distinct intellectual or artistic creation found in University of Manitoba Libraries. This resource is a combination of several types including: Work, Language Material, Books.

Label

The great divestiture : evaluating the welfare impact of the British privatizations, 1979-1997

Title remainder

evaluating the welfare impact of the British privatizations, 1979-1997

Statement of responsibility

Massimo Florio.

Creator

• Florio, Massimo

Subject

• Geschichte 1979-1997
• Privatization
• Public welfare
• Great Britain -- Social policy -- 1979-
• Electronic books
• Public welfare -- Great Britain
• Privatization -- Great Britain

Genre

• Geschichte 1979-1997
• Electronic books

Language

• eng
• eng

Summary

"The privatization carried out under the Thatcher and Major governments in Britain has been widely (although not universally) considered a success, and has greatly influenced the privatization of state industries in the transition economies of Eastern Europe. Massimo Florio's systematic analysis is the first comprehensive treatment of the overall welfare impact of this broad national policy of divestiture. Using the tools of social cost-benefit analysis, Florio assesses the effect of privatization on consumers, taxpayers, firms, shareholders, and workers. His conclusion may be surprising to some; his findings suggest that the changeover to private ownership per se had little effect on long-term trends in prices and productivity in Britain and contributed to regressive redistribution." "After historical and theoretical overviews of privatization and a look at macroeconomic trends in the Thatcher-Major era, Florio considers in detail the microeconomic effects of British privatization on several key groups. In successive chapters, he examines firms and productivity charges; shareholders' windfall gains and evidence of underpricing and outperformance in privatized companies; workers, management, and changes in industrial relations; consumers and the quantity and quality of goods."--Jacket

Cataloging source

DLC

Dewey number

362.941/09/048

Illustrations

illustrations

Index

index present

Language note

English

LC call number

HV248

LC item number

.F59 2004

Literary form

non fiction

Nature of contents

bibliography