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Crisis in Britain
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The Impact of Privatisation
Over the past decade economic policy in the UK and elsewhere has been guided by the belief that resources are used more efficiently in the private sector than under state ownership. Consequently, many formerly state-owned companies have been transferred to the private sector. After surveying the theoretical arguments for and against this hypothesis, this book examines the experience of eleven firms, including British Airways, Rolls-Royce and British Telecom. Various indicators are used to measure each firm's performance before and after privatisation to assess whether this policy has brought about improvements in efficiency. The first four chapters provide background material for the empiric...
Energy Structures and Environmental Futures
This book examines the history and prospects of the European energy sector for the last twenty-five and the next twenty-five years. The energy sector in Europe is faced with two challenges. On the one hand, economic integration and internationalization of markets, on the other the risks posedby climate change and the likelihood of further demands by consumers and governments to restructure the sector in line with a more environmentalist agenda. The authors' analysis is rooted in a careful examination of the factors that have shaped energy in Europa over the last twenty-five years, its regulatory systems, its corporate structure, and the role of energy and environmental policies. The book the...
