Politics, Philosophy & Social Sciences      Social Sciences

Market Distortions in Privatisation Processes

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Book Details
Language
English
Publishers
Routledge; 1st edition (29 July 2024)
Weight
0.14 KG
Publication Date
29/07/2024
ISBN-10
1032419369
Pages
112 pages
ISBN-13
9781032419367
Dimensions
13.97 x 0.61 x 21.59 cm
SKU
9781032419367
Author Name
Shanker Singham (Author)
Shanker A Singham is one of the world’s leading international trade experts. He is a recognised author and adviser to governments and companies and an Academic Fellow of the institute of Economic Affairs. Shanker is CEO of Competere Ltd, a company which provides trade and competition law and policy advice to governments and companies and is focused on promoting international trade and competition policy throughout the world. He was a cleared advisor to USTR and to the UK Trade Secretary. He has advised parliamentarians and government ministers on the overall approach to UK trade policy including the Brexit negotiations. He is also the Policy Lead of the Trader Support Service Consortium, which is delivering on behalf of HMG the implementation of the NI Protocol.In the 1990s, Shanker worked on the privatisation of the UK electricity market, the transition of the Soviet, Central and Eastern European economies and the Apertura in Latin America. He has worked on the accession of Poland and Hungary to the EU, the WTO accessions of a number of countries, including China and Russia. He built the Latin American trade practice of Steel Hector & Davis in Miami, and led the market access/WTO practices of Steel Hector & Davis in Miami, and Squire Patton Boggs in Washington, DC. He has lived in London, Hong Kong, Miami, Washington DC, and Boston.Shanker has authored the leading academic textbook on the subject of trade, competition and regulatory frameworks, as well as lectured, written and spoken extensively. He has been featured in various articles and media publications surrounding his expertise in the fields of trade and competition, including over one hundred articles and book chapters (see catalogue attached)Shanker’s has also worked on Anti-Competitive Market Distortions and the efforts to reduce barriers to free trade on a global basis. He has also begun work on identifying and measuring international inhibitors to entrepreneurship and the successful creation of the preconditions necessary for individuals' success. He is the founder of the International Roundtable on Trade and Competition (1997), the Competitiveness and Enterprise Cities Project (CECP) (2013) at Babson College, and the lead author of the SRB economic model to measure Anti-Competitive Market Distortions. Shanker has worked on a number of trade negotiations including the Free Trade Area of the Americas, US-Colombia, US-Peru, US-Panama, TTIP and TPP. He was also co-chair of the small business working group of the Transatlantic Business Dialogue.Shanker’s most recent books are: Market Distortions in Privatisation Processes, published in December 2022 and Trade, Competition and Domestic Regulatory Policy: Trade Liberalisation, Competitive Markets and Property Rights Protection, available in March 2023.www.shankersingham.comRead more about this authorRead less about this author
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Drawing on a range of global case studies, Market Distortions in Privatisation Processes illustrates the ways in which market distortions damaged the ability of privatisation processes to yield concrete benefits to consumers. The book compares and contrasts privatisations of state-owned enterprises around the world where competition informed the regulatory design and thus liberated consumer welfare.

In particular, the cases are drawn from the electricity and gas sector, the telecoms industry, and postal services – each of which has been frequently privatised in different context. For each industry, the book explores the UK and US experiences as well as looking at international cases from both developed and developing countries including, where appropriate, Japan, Colombia, Romania and Mexico.

The emphasis is on analysing the impact that market distortions have had on the outcomes of those privatisations. The book also looks at how public service objectives were achieved and how they too can be designed in pro-competitive or anti-competitive ways.

This book will be of significant interest to readers in international business, economics, and law. .

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