Global privatization and its impact / Ingrid J. Hagen and Thea S. Halvorsen, editors.

Format:

Book

Contributor:

Hagen, Ingrid J.

Halvorsen, Thea S.

Language:

English

Subjects (All):

Privatization.

Economic policy.

International economic relations.

Competition.

Globalization--Economic aspects.

Globalization.

Physical Description:

1 online resource (160 p.)

Edition:

1st ed.

Place of Publication:

New York : Nova Science Publishers, Inc., c2009.

Language Note:

English

Summary:

In recent years, the economic policy of privatisation, which is defined as the transfer of property or responsibility from public sector to private sector, is one of the global phenomenon that increases use of markets to allocate resources. One important motivation for privatisation is to help develop factor and product markets, as well as security markets. Progress in privatisation is correlated with improvements in perceived political and investment risk. Many emerging countries have gradually reduced their political risks during the course of sustained privatisation. In fact, most risk resolution seems to take place as privatisation proceeds to its later stage. Alternative benefits of privatisation are improved risk sharing and increased liquidity and activity of the market. One of the main methods to develop privatisation is entering a new stock to the markets for arising competition. This book provides leading edge research on this field from around the globe.

Contents:

Intro

GLOBAL PRIVATIZATIONAND ITS IMPACT

CONTENTS

PREFACE

Chapter 1HEALTHCARE'S UNHEALTHY ASSOCIATIONWITH THE MARKETPLACE

Introduction

The Nature of The Problem

The UK Experience of Nationalised Healthcare

Standards of Care and Hospital Infrastructure

Changing the Built Environment of Hospitals

The Private Finance Initiative Approach

An Alternative Strategy

Changing the Hospital Service Profile

The Target Driven Work Ethic

A&amp

E Waiting Times

Hospital Waiting Lists

Public Independent Sector Treatment Centres

Fixing the Income Generated by Hospital Trusts

Case History

The North East Essex Experience

Rationing Medical Resources

The Public/Private Medical Conflict of Interest

Conclusion

Chapter 2PRIVATIZATION, COMPETITION AND PERFORMANCE:EVIDENCE FROM AUSTRALIA

Abstract

1. Introduction

2. Background and Hypotheses Development

3. Data and Methodology

3.1. Methodology

4. Results and Analysis

4.1. Short Run Stock Market Effects

4.2. Long Run Performance

4.2.1. Stock Market Performance

4.2.2. Operating Performance

4.3. Political Economy of Privatization: Federal (Commonwealth) vs. StateGovernment Privatizations

5. Summary and Conclusion

Appendix 1: Ratios

References

Chapter 3PRIVATIZATION, LAND MARKET AND LAND USECONVERSION IN CHINA

2. Land Use System

3. Land Development Process

3.1. Land Sales Application System

3.2. Sales of Real Estate

3.3. Restrictions on Foreign Buyers

4. Land Use Conversion

5. Conclusion

Chapter 4PRIVATIZATION AS A STRATEGY OF RESTRUCTURINGIN DEVELOPING ECONOMIES: THE CASE OF TURKEY

2. Economical Motivations of Privatization in DevelopingEconomies.

3. Privatization Experiences in Turkey and World

3.1. Privatization Applications in the World

3.2. Privatization Practices in Turkey

4. A SOE-Privatization Coordinated Regulation Approach: TheSecond Best Theorem Based Welfare Model

4.1. Privatization as a Means for Regulations

4.2. A Welfare Model Based on the Second Best Theory: Eco-democraticContract Approach

5. Result and Suggestions

Acknowledgement

Chapter 5GLOBAL PRIVATIZATION IN ENERGY SECTORS:GLOBAL "PRIMITIVE ACCUMULATION"±

I. Introduction

II. Primitive Accumulation: Continious Form of Accumulation byDisposession

III. The Size of the Privatization Pie

IV. "Conquest", "Robbery" and "Force Plays the Greatest Part"

IV.I "Force Plays the Greatest Part": Conditionalities

IV.2. Privatization Consultancy Firms

IV.3. "Conquest" and "Blackmail": International Energy Companies

V. Conclusion

Chapter 6WHO SHALL OWN THE GENES OF FARMED FISH?

Background

Norwegian Case

Relevance

Survey of Norwegian Players in Fish Breeding and Farming

Alternative Biological and Legal Protection Mechanisms and Howto Balance Access Regimes

Biological Protection Strategies

Legal Protection Strategies

Other Protection Methods

Enforcement

Chapter7QUANTITATIVEANALYSISOFPRIVATIZATION

1.Introduction

2.LevelCrossingAnalysis

2.1.ShufflingProcedure

2.2.SurrogatingProcedure

3.TheStrategytoDeveloptheMarket

3.1.Activity

3.2.StageofDevelopment

3.3.Risk

3.4.InvestmentHorizons

4.Application

5.Conclusion

INDEX

Blank Page.

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

Description based on print version record and CIP data provided by publisher.

ISBN:

1-61728-016-X

OCLC:

923662497