Privatization: The Key to Better GovernmentSavas discusses the basic nature of the goods and services people want, and describes the alternative institutional arrangements available to provide them. Turning over state activities to the marketplace, by divestment or default and using contracts, vouchers, franchises and voluntary organizations to achieve public purposes, are the principal approaches to privatizing government functions. Governments of all ideological persuasions recognize that privatization, properly applied, leads to more cost-effective government, economic growth, and a higher standard of living. With theoretical and empirical evidence and opinion surveys and anecdotal observations, Savas offers practical, step-by-step advice on how to privatize government services and enterprises while presenting the pros and cons of doing so. (For sale in India at Rs.63.00). |
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activities administration alternative American Enterprise Institute Amtrak benefits bidders bidding budget buses chapter choice common-pool compared competition consumer contract cities contract service contractor cost costly countries cream skimming denationalization developing E.S. Savas economic effect efficient electric employees enterprises example expenditures facilities federal for-profit franchise government agencies government service grant hired hospitals in-house individual Institute intergovernmental agreement maintenance marketplace Medicare ment million monopoly municipal service National natural monopolies Office operation ownership park percent performance Policy political prisons private and toll private firms Private Provision private sector problem producer programs public agency public housing Public Services purchase reported result role schools self-service social spending state-owned state-owned enterprises street subsidies supply taxes tion transportation United Urban utilities vate vehicle voluntary voluntary associations Wall Street Journal Washington workers World Bank York York City