How Governments Privatize: Divestment Policies in the United States and Germany
6.99 €
3.49 €
Out of stock
How Governments Privatize: Divestment Policies in the United States and Germany
6.99 €
3.49 €
Governments around the world face difficulties in the process of divestment. The conventional wisdom in the literature on public administration and privatization is that large-scale tasks such as divestment are usually carried out poorly and that government strategy is likely to be ineffective. Mark Cassell shows that privatization must be understood as a political and administrative task rather than as a simple exercise in economic efficiency. This study of two successful divestment agencies, the Resolution Trust Corporation in the United States and the German National Trust Office, provides a comprehensive understanding of the performance of these two agencies in privatizing hundreds of billions of dollars of assets after two very different crises, the savings and loan crisis in the United States and the crisis following German reunification. This book will appeal to those interested in alternatives to traditional public sector structures, the electoral relationships of bureaucracies, comparative political economy, and the historical events surrounding the savings and loan crisis and German reunification. The book will be useful both for practitioners in public administration and for researchers.
See also:
- All books by the publisher
- All books by the author