Lessons from Privatisation and the Future of SOEs

Dónal Palcic and Eoin Reeves

Chapter 9 in Privatisation in Ireland, 2011, pp 209-232 from Palgrave Macmillan

Abstract: Abstract There is no doubt that the privatisation policies implemented over the last 30 years have had an enormous impact on reducing the extent of direct state intervention in economies around the world. These policies were part of a set of wider public sector reforms that were designed and implemented by several governments in Europe and beyond, in response to a powerful consensus that was critical of the state’s role as the main provider of public services. These included services of general interest, such as health, education and housing, as well as infrastructure-based services such as rail and the distribution of water, electricity and gas, which were commonly provided by SOEs.

Keywords: Foreign Direct Investment; Corporate Governance; Trade Union; Private Equity; Public Enterprise (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-29757-9_10

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DOI: 10.1057/9780230297579_10

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