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Opeyemi Ipinnaiye

Privatization of Public Enterprises in Nigeria as a Management Strategy "not to be"

This book offers an expert examination of the ideology and motives behind the privatization or the nationalization of an industry, based on real case studies.
Is it always more effective and less expensive to use taxpayer dollars to engage private companies rather than have the government run enterprises itself? Do consumers always benefit from the privatization of services? What happens when privatization stops being an abstract, theoretical debate and is actually put to the test in the real world? Privatize This? Assessing the Opportunities and Costs of Privatization is the place to find out.

Privatize This? provides a clear, easy-to-apply model for evaluating the pros and cons of the privatization process and then puts the model to work in examining nine real-world case studies-ranging from Spain's privatization of its cigarette industry to Pennsylvania's "state store system" for selling liquor. Throughout, the book focuses on the central issues of privatization-profit versus public good, protection from fraud and waste-while also showing how the recent economic upheaval has changed public opinion and public policy on privatization.

This book offers an expert examination of the ideology and motives behind the privatization or the nationalization of an industry, based on real case studies.

Assessing the Opportunities and Costs of Privatization

Privatize This?

Princeton Legacy Library

The historical-structural method employed here rejects analyses that are excessively voluntaristic or deterministic. The authors show that while the state was able to mitigate certain adverse consequences of TNC strategies, new forms of dependency continued to limit Mexico's options.

Originally published in 1985.

The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

The historical-structural method employed here rejects analyses that are excessively voluntaristic or deterministic. The authors show that while the state was able to mitigate certain adverse consequences of TNC strategies, new forms of dependency continued to limit Mexico's options. Originally published in 1985. The Princeton Legacy Library uses

The Political Economy of the Mexican Auto Industry

Transnational Corporations versus the State

Gary Gereffi first explains how foreign corporations took over the flourishing Mexican steroid industry in the 1950s and 1960s and thwarted the country's later attempts to establish a more equitable distribution of industry benefits. In this valuable theoretical contribution Professor Gereffi uses the Mexican industry's plight as a crucial-case test for dependency theory.

Originally published in 1983.

The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

Gary Gereffi first explains how foreign corporations took over the flourishing Mexican steroid industry in the 1950s and 1960s and thwarted the country's later attempts to establish a more equitable distribution of industry benefits. In this valuable theoretical contribution Professor Gereffi uses the Mexican industry's plight as a crucial-case test for dependency theory. Originally published in 1983. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

The Pharmaceutical Industry and Dependency in the Third World

This book explains how revamped consumer protection regulations, allowing greater individual choice, along with the government partially shifting to more of an advisory role, can save many thousands of lives annually, and make medicines and other products radically cheaper. Major case studies include the FDA and Uber versus taxis.

Escaping Death by Regulation

Rethinking Consumer Protection

Histories of Economic Life

The untold story of how welfare and development programs in the United States and Latin America produced the instruments of their own destruction In the years after 1945, a flood of U.S. advisors swept into Latin America with dreams of building a new economic order and lifting the Third World out of poverty. These businessmen, economists, community workers, and architects went south with the gospel of the New Deal on their lips, but Latin American realities soon revealed unexpected possibilities within the New Deal itself. In Colombia, Latin Americans and U.S. advisors ended up decentralizing the state, privatizing public functions, and launching austere social welfare programs. By the 1960s, they had remade the country's housing projects, river valleys, and universities. They had also generated new lessons for the United States itself. When the Johnson administration launched the War on Poverty, U.S. social movements, business associations, and government agencies all promised to repatriate the lessons of development, and they did so by multiplying the uses of austerity and for-profit contracting within their own welfare state. A decade later, ascendant right-wing movements seeking to dismantle the midcentury state did not need to reach for entirely new ideas: they redeployed policies already at hand. In this groundbreaking book, Amy Offner brings readers to Colombia and back, showing the entanglement of American societies and the contradictory promises of midcentury statebuilding. The untold story of how the road from the New Deal to the Great Society ran through Latin America, Sorting Out the Mixed Economy also offers a surprising new account of the origins of neoliberalism.

The untold story of how welfare and development programs in the United States and Latin America produced the instruments of their own destructionIn the years after 1945, a flood of U.S. advisors swept into Latin America with dreams of building a new economic order and lifting the Third World out of poverty. These businessmen, economists, commun

The Rise and Fall of Welfare and Developmental States in the Americas

Sorting Out the Mixed Economy

On December 5, 2004, the still-developing blogosphere took one of its biggest steps toward mainstream credibility, as Nobel Prize-winning economist Gary S. Becker and renowned jurist and legal scholar Richard A. Posner announced the formation of the Becker-Posner Blog.In no time, the blog had established a wide readership and reputation as a reliable source of lively, thought-provoking commentary on current events, its pithy and profound weekly essays highlighting the value of economic reasoning when applied to unexpected topics. Uncommon Sense gathers the most important and innovative entries from the blog, arranged by topic, along with updates and even reconsiderations when subsequent events have shed new light on a question. Whether it's Posner making the economic case for the legalization of gay marriage, Becker arguing in favor of the sale of human organs for transplant, or even the pair of scholars vigorously disagreeing about the utility of collective punishment, the writing is always clear, the interplay energetic, and the resulting discussion deeply informed and intellectually substantial.To have a single thinker of the stature of a Becker or Posner addressing questions of this nature would make for fascinating reading; to have both, writing and responding to each other, is an exceptionally rare treat. With Uncommon Sense, they invite the adventurous reader to join them on a whirlwind intellectual journey. All they ask is that you leave your preconceptions behind.

On December 5, 2004, the still-developing blogosphere took one of its biggest steps toward mainstream credibility, as Nobel Prize - winning economist Gary S Becker and renowned jurist and legal scholar Richard A Posner announced the formation of the Becker-Posner Blog. This book gathers the most important and innovative entries from the blog.

Economic Insights, from Marriage to Terrorism

Uncommon Sense

New Political Economy

This book examines one of the most high-profile municipal privatizations-the privatization of New York City's Central Park. The fiscal crisis of the 1970s established the political and cultural opening for privatizations, which were justified on the basis of increasing efficiency. However, as Cooke demonstrates, these justifications were deliberately blind to the social and economic implication of privatization. This fascinating account moves beyond the hackneyed pro- versus anti-privatization debate by reconceptualizing the park's privatization as an ensemble of contradictory class effects. It also highlights the immense theoretical and policy space for radically reconsidering and rethinking privatization processes in both the municipal and global contexts.

This book examines one of the most high-profile municipal privatizations—the privatization of New York City’s Central Park. The fiscal crisis of the 1970s established the political and cultural opening for privatizations, which were justified on the basis of increasing efficiency. However, as Cooke demonstrates, these justifications were deliberately blind to the social and economic implication of privatization. This fascinating account moves beyond the hackneyed pro- versus anti-privatization debate by reconceptualizing the park’s privatization as an ensemble of contradictory class effects. It also highlights the immense theoretical and policy space for radically reconsidering and rethinking privatization processes in both the municipal and global contexts.

Rethinking Municipal Privatization

Studien zur Geschichte der Treuhandanstalt

Internationale Investoren in Ostdeutschland
 
 Die rapide Massenprivatisierung der ostdeutschen Wirtschaft nach der "Wende" ging zu keinem Zeitpunkt allein von der alten Bundesrepublik aus. Keith R. Allen schildert in seiner englischsprachigen Studie das Engagement von Akteuren aus dem Ausland - vor allem aus Westeuropa - als Investoren, als Rat- und Kapitalgeber sowie als Mitentscheider über erhebliche Beihilfen von Land und Bund. Es geht nicht darum zu bewerten, was bei der Übernahme der ostdeutschen Wirtschaft durch die Bundesrepublik falsch - oder möglicherweise richtig - gelaufen ist. Vielmehr zeigt diese Studie, dass die Marktentwicklungen im Deutschland der 1990er Jahre eng mit Akteuren, Ereignissen und Interessen in westeuropäischen Ländern und den USA verknüpft waren.
 
 Ein englischsprachiger Beitrag zur Geschichte der Treuhandanstalt
 
 Dieses Buch steht im Open Access unter der Creative-Commons-Lizenz CC-BY-NC-ND 4.0 auf dem Dokumentenserver »Zeitgeschichte Open« des Instituts für Zeitgeschichte München-Berlin bereit: www.ifz-muenchen.de/bibliothek/zeitgeschichte-open.&nbsp; DOI 10.15463/ifz-2023-1 Die Veröffentlichung wurde durch den Open-Access-Publikationsfonds für Monografien der Leibniz-Gemeinschaft gefördert.

Internationale Investoren in OstdeutschlandDie rapide Massenprivatisierung der ostdeutschen Wirtschaft nach der "Wende" ging zu keinem Zeitpunkt allein von der alten Bundesrepublik aus. Keith R. Allen schildert in seiner englischsprachigen Studie das Engagement von Akteuren aus dem Ausland – vor allem aus Westeuropa – als Investoren, als Rat- und Kapitalgeber sowie als Mitentscheider über erhebliche Beihilfen von Land und Bund. Es geht nicht darum zu bewerten, was bei der Übernahme der ostdeutschen Wirtschaft durch die Bundesrepublik falsch – oder möglicherweise richtig – gelaufen ist. Vielmehr zeigt diese Studie, dass die Marktentwicklungen im Deutschland der 1990er Jahre eng mit Akteuren, Ereignissen und Interessen in westeuropäischen Ländern und den USA verknüpft waren.Ein englischsprachiger Beitrag zur Geschichte der Treuhandanstalt
 Dieses Buch steht im Open Access unter der Creative-Commons-Lizenz CC-BY-NC-ND 4.0 auf dem Dokumentenserver »Zeitgeschichte Open« des Instituts für Zeitgeschichte München–Berlin bereit: www.ifz-muenchen.de/bibliothek/zeitgeschichte-open.&nbsp;
 
 DOI 10.15463/ifz-2023-1
 
 Die Veröffentlichung wurde durch den Open-Access-Publikationsfonds für Monografien der Leibniz-Gemeinschaft gefördert.

Transferring State Assets to Private Owners during the 1990s

Investing Foreigners in Eastern Germany

"Daniel Stedman Jones has an unusual talent--making the history of economic thought fascinating and significant. In tracing the evolution of neoliberal ideas and their implementation in public policy in Britain and the United States, he does a superb job of helping us understand both the last half-century of Atlantic history and the origins of the current crisis. No book could be more timely."--Eric Foner, Columbia University"Daniel Stedman Jones captures brilliantly the interaction between ideas and events in this compelling history of the rise of Thatcherism and Reaganism. He displays a willingness, unusual in a historian, to treat economic ideas seriously, and not just as weapons in a political struggle. In the light of the economic collapse of 2007-2008, the intellectual debates of the 1970s and 1980s, brought so vividly to life here, are as fresh as they were at the time."--Robert Skidelsky, author of Keynes: Return of the Master"Daniel Stedman Jones shows how neoliberalism gained ascendancy in both the United States and the United Kingdom. This timely book is a model of calmness, lucidity, and reasoned argument, intent on understanding neoliberalism rather than celebrating or condemning it out of hand."--Sean Wilentz, author of "The Age of Reagan: A History, 1974-2008"

Based on archival research and interviews with leading participants in the movement, this book traces the ascendancy of neoliberalism from the academy of interwar Europe to supremacy under Reagan and Thatcher and in the decades since. It argues that there was nothing inevitable about the victory of free-market politics.

Hayek, Friedman, and the Birth of Neoliberal Politics - Updated Edition

Masters of the Universe

Since 1946, Henry Hazlitt's bestselling Economics in One Lesson has popularized the belief that economics can be boiled down to one simple lesson: market prices represent the true cost of everything. But one-lesson economics tells only half the story. It can explain why markets often work so well, but it can't explain why they often fail so badly?or what we should do when they stumble. As Nobel Prize-winning economist Paul Samuelson quipped, "When someone preaches ?Economics in one lesson,' I advise: Go back for the second lesson.? In Economics in Two Lessons, John Quiggin teaches both lessons, offering a masterly introduction to the key ideas behind the successes?and failures?of free markets. Brilliantly accessible, this book unlocks the essential issues at the heart of any economic question.

A masterly introduction to the key ideas behind the successes—and failures—of free-market economics Since 1946, Henry Hazlitt’s bestselling Economics in One Lesson has popularized the belief that economics can be boiled down to one simple lesson: market prices represent the true cost of everything. But one-lesson economics tells only half the story. It can explain why markets often work so well, but it can’t explain why they often fail so badly—or what we should do when they stumble. As Nobel Prize–winning economist Paul Samuelson quipped, “When someone preaches ‘Economics in one lesson,’ I advise: Go back for the second lesson.” In Economics in Two Lessons, John Quiggin teaches both lessons, offering a masterly introduction to the key ideas behind the successes—and failures—of free markets. Brilliantly accessible, this book unlocks the essential issues at the heart of any economic question.

Why Markets Work So Well, and Why They Can Fail So Badly

Economics in Two Lessons

Janos Kornai The collapse of the socialist system in eastern Europe and the Soviet Union is one of the major events of this century, perhaps the most important of all. The transformation now taking place is without any precedent in history. The original development of capitalism was a process that lasted for centuries. The almost total liquidation of capitalism in the countries ruled by communist parties took place-in historical terms-in a very short period of time, but it was carried out by force and repressive methods. The transformation which has now begun is diverting these countries back onto the path of capitalist development and the hope is that the process will take place much faster than the original emergence of capitalism. And another hope can be expressed: that the governments of these countries will not resort during the process to the arsenal of political violence and repression in order to speed it up. Although the post -socialist transformation is a historically unique phenomenon, some components and features of it show a similarity with other processes or events that took place under other circumstances. Other empires before the Soviet empire collapsed. The political structures of other countries took the path from dictatorship to democracy. Under other conditions, state assets have been privatized, inflation has been curbed, foreign capital has flowed in, new oligopolies have formed, and so on. The uniqueness lies in the new, specific configuration of these component processes and may other phenomena.

Janos Kornai The collapse of the socialist system in eastern Europe and the Soviet Union is one of the major events of this century, perhaps the most important of all. The transformation now taking place is without any precedent in history. The original development of capitalism was a process that lasted for centuries. The almost total liquidation of capitalism in the countries ruled by communist parties took place-in historical terms-in a very short period of time, but it was carried out by force and repressive methods. The transformation which has now begun is diverting these countries back onto the path of capitalist development and the hope is that the process will take place much faster than the original emergence of capitalism. And another hope can be expressed: that the governments of these countries will not resort during the process to the arsenal of political violence and repression in order to speed it up. Although the post -socialist transformation is a historically unique phenomenon, some components and features of it show a similarity with other processes or events that took place under other circumstances. Other empires before the Soviet empire collapsed. The political structures of other countries took the path from dictatorship to democracy. Under other conditions, state assets have been privatized, inflation has been curbed, foreign capital has flowed in, new oligopolies have formed, and so on. The uniqueness lies in the new, specific configuration of these component processes and may other phenomena.

Theory and Practice in the New Market Economies

The Economics of Transformation

The book is divided into three major sections. The first presents a theoretical discussion that underlies the other essays. The second section deals with privatization issues from the perspective of the United States. The third describes research addressed to the U. K. and Canada. In the first chapter, Richard Zeckbauser and Murray Horn develop a wide-ranging theoretical framework for assessing the capabilities and role of state-owned enterprises; it provides a foundation for the analyses that follow. In The Control and Perfonnance o[ State-Owned Enterprises , they describe state-owned enterprises as an extreme case of the separation of ownership and control. The focus is on management --the incentives it faces and the conflicts to which it is subjected. The distinguishing characteristics of public enterprise, the authors suggest, give it a comparative advantage over both public bureaucracy and private enterprise in certain situations. They argue that legislators are more likely to prefer SOEs over private enterprise when the efficiency of private enterprise is undermined by regulation or the tbreat of opportunistic state action, when the informational demands of subsidizing private production to meet distributional objectives are high, when it is difficult to assign property rights, or when state ownership is ideologically appealing. These considerations suggest why SOEs are usually assigned special rights and responsibilities, and they help explain observed regularities in the distribution of SOEs across countries and sectors. Zeckhauser and Horn apply principal-agent theory to identify the key factors underlying the performance of state-owned enterprises.

Lessons from the United States, Great Britain and Canada

Privatization and State-Owned Enterprises

Privatization of Public Enterprises in Nigeria as a Management Strategy "not to be"

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