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Privatisation: An Interpretative Essay

David Hensher

Australian Economic Papers, 1986, vol. 25, issue 47, 147-74

Abstract: This paper discusses some of the objectives of privatization and issues that are central to the debate on the wisdom of privatization. These issues include: the relationship between asset ownership and the competitive environment; the spreading ownership of productive assets; the role of regulation ("protective" privatization); and alternatives to asset sale such as competitive bidding to contract out a service. Copyright 1986 by Blackwell Publishers Ltd/University of Adelaide and Flinders University of South Australia

Date: 1986
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