000 01689 a2200241 4500
001 1138357146
005 20250317100412.0
008 250312042022GB eng
020 _a9781138357143
037 _bTaylor & Francis
_cGBP 31.99
_fBB
040 _a01
041 _aeng
072 7 _aKCB
_2thema
072 7 _aKCB
_2bic
072 7 _aBUS000000
_2bisac
072 7 _aBUS020000
_2bisac
100 1 _aClaude V. Chang
245 1 0 _aPrivatisation and Development
_bTheory, Policy and Evidence
250 _a1
260 _aOxford
_bRoutledge
_c20220131
300 _a248 p
520 _bThe book interrogates privatisation in terms of its effectiveness vis-à-vis its stated goals and more fundamentally in terms of its success in delivering economic development. It investigates why privatisation was successful in the UK and other OECD countries and why it has not met with equal success in developing countries. In this regard, it further examines the policy prescriptions of the IMF and World Bank in relation to the conceptualised benefits and theoretical assumptions underlying these supposed benefits. The author assesses the extent to which culture and customs, indeed the mode of production, stand in determinate relationship to the goals, techniques and outcome of the process. Furthermore, Chang examines the degree to which socioeconomic and moral consequences of privatisation have been ignored in pursuit of the ideological imperative implicit in the Washington Consensus. Hence, the book contributes to the reflective thought that must necessarily be part of theory validation, and provides the basis for a balanced and empirically-valid theory of privatisation.
999 _c2427
_d2427