The Political Economy of Privatization Author:Thomas Clarke The Political Economy of Privatization draws together substantial evidence and puts forth an analysis of the experience of privatization programs in practice over the last ten years. The papers included in this volume assess the different means of implementing privatization policies and analyse the impact on the economy. — Th... more »e work is an international study of a wide range of topics including the extensive privatization of the public sector in advanced industrial countries, the rapid marketization of the Eastern European countries and the pressures upon developing countries to adopt de-regulation and privatization as the route toward economic growth. The results demonstrate that privatization can take many forms, from wholesale denationalization to the contracting of competitive tendering. The impact upon government, consumers, managers and employees is also explored and the much vaunted relationship between private ownership and efficiency is critically assessed.« less