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The impact of privatization on econo...

Adams, Samuel.

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The impact of privatization on economic growth and income inequality in developing countries.

Record Type:	Language materials, printed : Monograph/item
Title/Author:	The impact of privatization on economic growth and income inequality in developing countries./
Author:	Adams, Samuel.
Description:	151 p.
Notes:	Adviser: Berhanu Mengistu.
Contained By:	Dissertation Abstracts International68-06A.
Subject:	Economics, General. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3268429
ISBN:	9780549069522

The impact of privatization on economic growth and income inequality in developing countries.
Adams, Samuel.

The impact of privatization on economic growth and income inequality in developing countries. - 151 p.

Adviser: Berhanu Mengistu.

Thesis (Ph.D.)--Old Dominion University, 2007.

In the 1960s and 1970s academicians, economists and politicians favored state ownership over private ownership in the production and provision of goods and services. By the end of the 1980s, however, there was a reversal of public policy from state domination of the production and provision of goods and services to private ownership and operation. This was due in part to what the World Bank referred to as "state failure", which was characterized by inefficient service delivery, unprofitable SOEs, high government debt, and stagnant economic growth rates. Accordingly, privatization caught on in many countries as a policy tool to foster efficiency, encourage investment, free public resources for investment in infrastructure and social programs to enhance economic growth and distributional equity.

ISBN: 9780549069522Subjects--Topical Terms:

1017424
Economics, General.

The impact of privatization on economic growth and income inequality in developing countries.
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020 $a 9780549069522
035 $a (UMI)AAI3268429
035 $a AAI3268429
040 $a UMI $c UMI
100 1 $a Adams, Samuel. $3 1280624
245 1 4 $a The impact of privatization on economic growth and income inequality in developing countries.
300 $a 151 p.
500 $a Adviser: Berhanu Mengistu.
500 $a Source: Dissertation Abstracts International, Volume: 68-06, Section: A, page: 2645.
502 $a Thesis (Ph.D.)--Old Dominion University, 2007.
520 $a In the 1960s and 1970s academicians, economists and politicians favored state ownership over private ownership in the production and provision of goods and services. By the end of the 1980s, however, there was a reversal of public policy from state domination of the production and provision of goods and services to private ownership and operation. This was due in part to what the World Bank referred to as "state failure", which was characterized by inefficient service delivery, unprofitable SOEs, high government debt, and stagnant economic growth rates. Accordingly, privatization caught on in many countries as a policy tool to foster efficiency, encourage investment, free public resources for investment in infrastructure and social programs to enhance economic growth and distributional equity.
520 $a In recent years, however, privatization has come under attack. The main criticism being that privatization results in the abuse of market power and social welfare losses. The perception of most people in the developing countries is that privatization usually benefits the rich at the expense of the poor in society. This study therefore is an attempt to empirically examine the claims and counter claims of the impact of privatization on economic growth and income distribution in developing countries. The study sample is made up of 80 developing countries that privatized their state-owned enterprises between 1991 and 2002. The findings of the study indicate that privatization did not have a significant impact on economic growth, but had differential effects on the distribution of income. The results of the study, however, suggest that country-specific characteristics, including good governance may be more important in promoting growth and reducing income inequality than any economic policy per se.
590 $a School code: 0418.
650 4 $a Economics, General. $3 1017424
650 4 $a Political Science, International Law and Relations. $3 1017399
690 $a 0501
690 $a 0616
710 2 $a Old Dominion University. $3 1020684
773 0 $t Dissertation Abstracts International $g 68-06A.
790 $a 0418
790 1 0 $a Mengistu, Berhanu, $e advisor
791 $a Ph.D.
792 $a 2007
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3268429