Limits to Privatization is the first thorough audit of privatizations from around the world. It outlines the historical emergence of globalization and liberalization, and from analyses of over 50 case studies of best- and worst-case experiences of privatization, it provides guidance for policy and action that will restore and maintain the right balance between the powers and responsibilities of the state, the private sector and the increasingly important role of civil society.
The result is a book of major importance that challenges one of the orthodoxies of our day and provides a benchmark for future debate.
Author(s): Marianne Beishem (editor), Oran R Young (editor), Ernst Ulrich von Weizsacker (editor), Matthias Finger (editor)
Publisher: Routledge
Year: 2005
Language: English
Pages: 432
Contents
List of Figures
List of Boxes
Foreword by the President of the Club of Rome
Preface
Editors' Acknowledgements
Part I: Introduction
Limits to Privatization
Seeking a balance
A word on definitions
Changing role of the state
Forms of privatization
Points of departure
'Horses for courses'
Generic pros and cons
The shape of things to come
Part II: Privatization in Many Sectors
Initial Remarks
Water
Solving water-supply problems in Bolivia
A 'waterl'eau' in Grenoble, France
Manila
Thames Water Utilities Limited, UK
Water privatization in Tanzania
Budapest sewage works
Management Success at Rostock, Germany
Metals and Cement
Privatization of the Mining Sector in Zambia
Saving Sidex Galati Steel Mills in Romanis
Union Miniere Pirdop Copper, Bulgaria
Other Resources
The Fight Against Patents on the Neem Tree
The Basmati Patent
Privatizing Nature
Private Forests in Germany
Energy
Enron
The Price to Pay for Deregulation of Electricity Supply in California
Telecommunications and Postal Services
Telecommunications in Mexico, Uruguay and Argentina
Privatization of Telecommunication in Japan
Privatization in Outer Space
TPG Post
Transportation
British Rail
Japanese National Railways
Regionalization as Part of Rail Restructuring in Germany
Privatization of the Transport Sector in Argentina
Air New Zealand
Skyguide
Waste Disposal
No Time to Waste
Insurance
Abolishing Property Insurance Monopolies in Germany
Culture and Media
Privatization of Italian Cultural Heritage
The Salzburg Festival, Austria
The Global Media Monsters
Health
Partial Privatization of Healthcare in Chile
Healthcare in the US
Healthcare Reform in Zambia
Pharmaceutical Research and Development for Neglected Diseases
Education
Education in Chile
Community-managed Basic Education in Guatemala
The Increasing Privatization of Universities in Tanzania
Pensions
A Weak Spot in the US Private Pension System
The Swiss Three-pillar Pension System
Police and Security
'Rent a Soldier'
Privatization of Police Services in Frankfurt, Germany
Private Pensions in the US
Part III: Privatization in Context
Initial Remarks
The General Context
Post-war History
The Global Context
The Regional Context
Privatization in G7 Countries
Privatization in Latin America
Liberalization of Services
No Limits? Privatization in Central and Eastern Europe
Privatization in South Asia
Special Issues
Essential Services
Privatization of the Infrastructures
The Top Public Service Transnational Corporations
How GATS Jeopardizes Essential Services
Privatization and Development
Privatization and Corruption
Employment Impacts of Privatization
Women's Rights under Privatization
Environmental Impacts of Privatization
Does Privatization Provide the Right Choice of Choice?
Part IV: Governance of Privatization
Initial Remarks
Regulation
Liberalization of the Network Industries and the Need for Re-regulation
Regulation within a Public Policy Framework
The Five Main Objectives of Regulation in the Network Industries
Institutional and Organizational Aspects of Regulation
Generalizing Regulation
Example: water privatization workng for the poor
Example: Accountability instead of privatization
Privatization and Municipal Democracy
Financing Global Public Goods
Introduction
Introducing Public Goods and Global Public Goods
Different Global Public Goods
Towards a Systematic Approach to the Financing of Global Public Goods
Example: Private funding of infrastructure in developing countries
Escaping Pernicious Dualism
Private Governance
The Idea
Private Governance and Privatization
Pros and Cons - and First Lessons Learned
Private Governance and the Need for Legitimacy
Example: The 'CSR navigator'
'Co-evolution' between State Regulation and the Private Sector
Market Failures and Government Failures
Guidance and Rules as Co-evolution
New Models of the Firm
Markets for Common Goods?
Responsive Regulation
Part V: Conclusion
Lessons Learned from Privatization
Evaluation
The Bright Side
The Dark Side
A Third Way?
Conclusion
About the Editors and Authors
Notes
List of Acronyms and Abbreviations
References
Index
