Privatization

Part 1 The background for privatization: introduction - pressures for privatization, overview; the growth of government - the size of government; why government grows. Part 2 The theory of privatization: basic characteristics of goods and services - exclusion, consumption, classifying goods and services, private goods, common-pool goods, toll goods, collective goods, the growth of collective and common-pool goods; alternative arrangements for providing goods and services - providing, arranging and producing services, service arrangements, multiple, hybrid, and partial arrangements, privatization; an analysis and comparison of alternative arrangements - the nature of goods and the choice of arrangements, factors in evaluating arrangements, comparison of arrangements, characteristics of the privatization alternatives. Part 3 Privatization in practice: applications in practice: applications in physical and commercial services - solid-waste management, street services, transportation, water supply and treatment, electric power, communications, commercial and administrative activities, state-owned property, state-owned enterprises, miscellaneous and prospective applications; applications in protective and human services - public safety, national defense, health care, housing and urban development, social services, education, recreation and leisure. Part 4 Toward successful privatization: how to privatize - load shedding, load shedding by denationalization, limited-government arrangements, user charges, competition, contracting for services; problems with privatization - problems that arise from the concept, necessary conditions for successful privatization, implementation obstacles.