The book examines the interplay between privatisation, competition and regulation so far to identity the trade-offs, tensions and probable consequences of the sacrifice of market forces and competitive pressures in Britain's privatisation programme. Privatisation & Competition brings together the authoritative collection of original essays on one of the most radical and profound changes in the industrial policy in Britain.
"There have been frequent expressions of dissatisfaction with the interenal performance of the nationalised industries, but to a remarkable extent debate has concentrated in recent years upon the details of administrative and organisational change in the existing corporations...The enthusiasts of nationalisation an economic growth rarely recognise th eweakness of the nationalised industries may themselves have retarded the growth of the economy as a whole..."
Cento Veljanovski (ed.)
Cento Veljanovski joined the Institute of Economic Affairs as a Research & Editorial Deirector in January 1988. Prior to that he was in private practice, Lecturer in Law of Economics, University College, London, and Junior Research Fellow, Center for Socio-Legal Studies, Oxford.