By Judith Clifton
Judith Clifton, Francisco Comín and Daniel Díaz Fuentes in Privatisation within the ecu Union reject the 2 dominant motives supplied in literature, which come with an easy 'Americanisation' of coverage and a 'varied' privatisation event with no universal driver. utilizing a scientific comparative research of privatisation reports in each one kingdom from the Nineteen Eighties to the start of the 21st century, the authors exhibit how the method of ecu integration and the necessity for the world over aggressive industries have constituted key using forces within the quest for privatisation around the ecu. As privatisation slows down on the flip of the millennium, what destiny can voters count on for public businesses?
Privatisation within the eu Union is vital studying for researchers, scholars and policy-makers attracted to privatisation, european coverage and the background of public enterprises.
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Additional resources for Privatisation in the European Union: Public Enterprises and Integration
The electricity sector requires a complex system of coordination among industry components (for example, generation, transmission and distribution). The economies of network construction were such that there were economies of scale and scope. This explains why the systems have operated in monopoly networks (regional or national). Technological advances, which increased the optimal size of the plant and the economies of scale derived from mass production, enabled reductions in costs and prices to be achieved from the end of the Second World War to the 1970s.
100 Millward (2000). 43 Chapter Two THE END OF PUBLIC ENTERPRISES IN EUROPE? 1 The new model of global political economy that emerged was characterised by deregulation, liberalisation and privatisation policies. 3 Also, from a regional perspective, the policies of privatisation, deregulation and liberalisation within the EU (as well as the Americas and Asia) were explained by the redefinition of economic blocs in certain geographical zones, rather than by global market forces. Explanations of the characteristics of these paradigmatic changes and their effects have been varied.
70 This first argument was used after the Second World War to justify nationalisations in the UK. The ‘commanding heights’ argument held that the basic industries (steel, electricity, coal, banking and heavy industry) had to be nationalised to guarantee the necessary investment required for economic growth. However, in practice, the situation was very different, and nationalisation saved only bankrupt firms. 71 The second argument stated that public enterprises could contribute to income redistribution.
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