1st Edition
Privatization in Malaysia Regulation, Rent-Seeking and Policy Failure
1. Introduction: Why Privatize? 2. Privatization, Rents and Rent Seeking 3. Institutional and Political Failure: Privatization in Malaysia 4. Universal Access and Private Provision: Malaysia’s National Sewerage 5. The Fallacy of Privatized Urban Rail: Kuala Lumpur Light Rail Transit 6. Perverse Incentives: Malaysia Airlines 7. Rents and Industrial Upgrading: Proton 8. Summary and Conclusion
Biography
Jeff Tan is an Assistant Professor at the Aga Khan University Institute for the Studies of Muslim Civilisations (AKU-ISMC) in London where he lectures in development studies. He specialises in the political economy of development and his research interests include the privatisation of public utilities and infrastructure, governance and globalisation.
"This well-written and properly documented study, based on the experience of privatization of some major public enterprises in Malaysia, demolishes the commonly held view that private enterprises are necessarily more efficient than public enterprises and that privatization necessarily improves efficiency...Policy makers will find the study's conclusions useful for formulating plans for privatization, and graduate students in economic development and public administration will also benefit from this study." - J. S. Uppal, SUNY at Albany, CHOICE June 2008 Vol. 45 No. 10
