The Conservative’s privatisation programme was one of the most ambitious aspects of their attempt to redraft the political and economic map of the United Kingdom. Originally published in 1988, this book explores the processes of privatisation from a variety of standpoints. Its contributors include academics, enterprise executives and government officials, many of whom had been closely involved in the programme. Fiscal, legal and social aspects of privatisation are explored but the book treats the subject as more than an immediate political issue and takes the opportunity to discuss the success – or otherwise – of public enterprise and to explore the implication of the UK experience for other countries which have an interest in privatisation.
List of Tables. List of Figures. Abbreviations. Preface. Part 1: The Approach 1. The Concept and Rationale of Privatisation V.V. Ramanadham 2. Has Public Enterprise Failed? Maurice R. Garner 3. Privatisation: Introducing Competition, Opportunities and Constraints David Thompson 4. Privatisation and the Consumer John Hatch 5. Privatisation and the Employee Lord McCarthy of Headington 6. ‘Managing’ Cultural Change on Privatisation Nick Woodward Part 2: The Processes 7. The Financial Processes of Privatisation Gerry Grimstone 8. Preparing for Privatisation: The Financial Aspects H.J. Hyman 9. Managing Operations and the Relevance of Privatisation David Chambers 10. Contracting-Out: Managerial Strategy or Political Dogma? Ceri Thomas Part 3: The Sectors 11. Privatisation: The Case of BAA PLC John B. Heath 12. Privatisation in the Transport Sector John Rickard 13. Privatisation in the Water Sector W.R. Harper 14. The Regulation of a Privatised Electricity Supply Industry George Yarrow Part 4: The Lessons 15. The UK Privatisation Model: Is it Transferable to Developing Countries? Colin Kirkpatrick 16. Inferences from the UK Privatisations and the Developing Country Context V.V. Ramanadham Part 5: Concluding Review 17. A Concluding Review V.V. Ramanadham. Index.