The theory and practice of privatisation (considerations for Ireland)
Halford, Robert (1992) The theory and practice of privatisation (considerations for Ireland). Master of Business Studies thesis, Dublin City University.
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Privatisation has become an important political and economic
tool. It has been applied worldwide to assist economic
growth, to lessen national debts and to free competitive
forces. This study examines the theory and application of
privatisation. Part One studies the theoretical background.
The first chapter explores the arguments for and against its
use. The debate on privatisation is largely inconclusive.
Its merits and demerits often cancel each other. In Chapter
One privatisation is seen as a versatile economic and
political policy but its use depends wholly on the
circumstances of each case. A privatisation strategy based
on ideology will achieve few of its goals.
The varied forms of privatisation are examined in Chapter
Two. It is shown that privatisation is far more than mere
divestiture. An expansion of joint ventures, franchising,
contracting and other deregulatory tactics are all part of
the set of privatisation policies.
Britain's privatisation programme is the main focus of Part
Two and is the sole subject of Chapter Three. This examines
the background to and the process of privatisation in the
UK. Many case studies are explored. The success of the
British programme is assessed and lessons for Ireland are
Privatisation experiments have been global. Chapter Four
explores the practice of privatisation in Europe, North
America and the rest of the world. From the early
privatisations of Chile to the recent divestitures of
Eastern Europe, this chapter reveals the many reasons for
and approaches to privatisation in the First, Second and
Chapter Five is the focal chapter of this study. Having
explored the theory and practice of privatisation throughout
the world, strategies are considered for an Irish
privatisation programme. The establishment to Ireland's
State sector and the prospects of future changes, including
privatisation, are assessed.
Chapter Six is a brief summary of the issues raised.
|Item Type:||Thesis (Master of Business Studies)|
|Date of Award:||1992|
|Uncontrolled Keywords:||Privatisation; Government policies; Repercussions for Ireland|
|Subjects:||Business > Economic policy|
|DCU Faculties and Centres:||DCU Faculties and Schools > DCU Business School|
|Use License:||This item is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 3.0 License. View License|
|Deposited On:||17 Oct 2013 12:06 by Celine Campbell. Last Modified 17 Oct 2013 12:06|
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