Visit our Christmas Gift Finder
How Governments Privatize: The Politics of Divestment in the United States and Germany - American Governance and Public Policy series (Paperback)
  • How Governments Privatize: The Politics of Divestment in the United States and Germany - American Governance and Public Policy series (Paperback)
zoom

How Governments Privatize: The Politics of Divestment in the United States and Germany - American Governance and Public Policy series (Paperback)

(author), (editor)
£25.00
Paperback 320 Pages / Published: 01/08/2003
  • We can order this

Usually dispatched within 3 weeks

  • This item has been added to your basket
Governments throughout the world confront enormous challenges when divesting. Whether it is poor-performing bank loans in Japan and Korea, military bases in the United States, or real estate in eastern Europe, the challenge of public divestment is more than just a question of how to map a path to economic efficiency. Conventional wisdom in public management and privatization literature says that the execution of such enormous tasks as divestment is typically done poorly, and that the government strategy is likely to be inefficient. Mark Cassell argues that privatization must be understood as a political and administrative puzzle rather than simply an exercise in economic efficiency. This study of two successful divestment agencies - the U.S. Resolution Trust Corporation and the German Treuhandanstalt - presents a complex understanding of the two agencies' performance in privatizing hundreds of billions of dollars of assets following two very different crises, the savings and loan debacle in the United States and unification in Germany. In the U.S., the worst economic problem since the Great Depression forced the government to recreate and reshape private property on an immense scale. In Germany, melding East and West Germany involved converting an entire national economy that employed more than four million people. In each case, unassuming public agencies handled two of the largest public sales of assets in this century. Cassell identifies the importance and effects of managerial structures and of national institutions-legislatures and executives - on the outcomes of the reform efforts. This book will be of interest to those interested in alternatives to traditional public-sector structures, electoral connections to bureaucracies, comparative political economy, and the historic events of the aftermath of the savings and loan crisis and German unification. It is crucial reading for policy and public administration practitioners and scholars alike.

Publisher: Georgetown University Press
ISBN: 9781589010086
Number of pages: 320
Weight: 485 g
Dimensions: 229 x 152 x 19 mm

You may also be interested in...

The Oxford Handbook of Public Policy
Added to basket
Austerity
Added to basket
£10.99
Paperback
Key Themes in Social Policy
Added to basket
The Rise and Fall of the Great Powers
Added to basket
The Fire Engine That Disappeared
Added to basket
NHS SOS
Added to basket
£8.99
Paperback
How Much is Enough?
Added to basket
Heat
Added to basket
£11.99
Paperback
Seeing Like a State
Added to basket
Carbon Democracy
Added to basket
Social Policy in Britain
Added to basket
Social Policy
Added to basket
£38.99
Paperback
Understanding Public Policy
Added to basket

Reviews

Please sign in to write a review

Your review has been submitted successfully.