000 01152pab a2200181 454500
008 180718b2004 xxu||||| |||| 00| 0 eng d
100 _aLetza, Steve R.
245 _aReframing privatisation: deconstructing the myth of efficiency
260 _c2004
300 _ap.159-83.
362 _aJun
520 _aIn the context of ongoing scandals about public versus private ownership, we review the rise and fall of British nationalised industries, and the subsequent rise of privatisation based on perception of market-based efficiency as a means of improving public service. We evaluate the theoretical and empirical arguments around privatisation and find that the argument of privatisation as a vehicle for efficiency gains is a myth. Instead, we suggest that efficiency is not solely a matter of ownership, but requires a complex interplay of social and commercial variables to make it possible. We call for a more inventive and flexible approach in the search for efficiency in the public sector. - Reproduced.
650 _aPrivatization
700 _aSun, Xiuping
700 _aSmallman, Clive
773 _aPolicy Sciences
909 _a64316
999 _c64316
_d64316