rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    title: Why Do Governments Divest?
    sub title: The Macroeconomics of Privatization
  name:
    name part: Schipke, Alfred.
    role:
      role term: creator
  name:
    name part: SpringerLink (Online service)
  type of resource: text
  genre: Electronic books.
  origin info:
    place:
      place term: gw
    date issued: 2001
    issuance: monographic
  language:
    language term: eng
  physical description:
    reformatting quality: access
    form: remote
    extent: 1 online resource (viii, 141 pages)
  abstract: On an unprecedented scale, nations at all income levels and across the political spectrum have initiated privatization programs over the past twenty years. In the course of this privatization movement, microeconomic efficiency arguments have become the standard justification for the divestment of public assets. Why Do Governments Divest? The Macroeconomics of Privatization presents an alternate view. This book argues that short-term macroeconomic considerations are often the true motive behind privatization programs, allowing politicians to exploit privatization for political gain by manipulating macroeconomic aggregates. Macroeconomic considerations can also influence the nature of privatization efforts, delaying necessary reforms in an effort to prevent undesirable short-run consequences. This focus on short-term objectives tends to hinder the achievement of economic efficiency and to impede progress towards higher living standards.
  table of contents: Introduction -- Economic Growth and Efficiency -- The Politics of Privatization -- Fiscal Considerations of Privatization -- Macroeconomic Considerations of Privatization -- Modeling the Effects of Privatization -- Coming Full Circle: The Case of Jamaica -- Summary and Conclusion.
  note: by Alfred Schipke.
  note: Electronic resource.
  subject:
    topic: Economics
  subject:
    topic: Economic policy
  subject:
    topic: Macroeconomics
  subject:
    topic: Economic policy
  subject:
    topic: Economics
  subject:
    topic: Macroeconomics
  classification: HB172.5
  classification: 339
  identifier: 9783642566820 (electronic bk.)
  identifier: 3642566820 (electronic bk.)
  identifier: 9783642625732
  identifier: 3642625738
  identifier: 3642566820
  identifier: http://proxy.library.tamu.edu/login
  record info:
    record content source: AU@
    record creation date: 121227
    record change date: 20260422170450.5
    record identifier: in00003561455
    language of cataloging:
      language term: eng