Journal Article
Review essay on \"Privatopia\" and the Public Good by Evan McKenzie, 1994
Roberds, William (1995-05)
In Privatopia, Evan McKenzie documents the history and legal structure of common interest developments, a form of residential community organization. McKenzie also looks at possible explanations for the rising popularity of these organizations despite the fact that their governing associations may impose more onerous restrictions on residents' behavior than municipal governments do. In this essay, the reviewer discusses McKenzie's explanations and adds his own based on an appreciation of the underlying economic forces that have shaped these types of communities. The reviewer concludes that ...
Economic Review , Volume 80 , Issue May , Pages 32-36

Report
Privatization's impact on private productivity: the case of Brazilian iron ore
Teixeira, Arilton; Schmitz, James A. (2004)
A major motivation for the wave of privatizations of state-owned enterprises (SOEs) in the last twenty years was a belief that privatization would increase economic efficiency. There are now many studies showing most privatizations achieved this goal. Our theme is that the productivity gains from privatization are much more general and widespread than has typically been recognized in this literature. In assessing the productivity gains from privatization, the literature has only examined the productivity gains accruing at the privatized SOEs. But privatization may have significant impact on ...
Staff Report , Paper 337

Journal Article
Postal savings in Japan and mortgage markets in the U.S.
Scott, Hal S.; Cargill, Thomas F. (2006)
Financial system redesign has become high political drama in Japan. In August, 2005, Prime Minister Koizumi's plan to privatize Japan's huge postal savings and life insurance system (PSS) was defeated in the Lower House of the Diet. Koizumi then retaliated by dissolving the Lower House and calling a "snap" election for September 11, 2005 in hopes of getting members of the Liberal Democratic Party (LDP) more supportive of his program into the legislature. This was essentially a showdown?an open confrontation between the "new" and the "old" LDP in an effort by Koizumi to reduce the ...
FRBSF Economic Letter

Working Paper
Political and economic consequences of alternative privatization strategies
Lenway, Stefanie; Utter, Derek; Mann, Catherine L. (1993)
The different approaches to large-scale privatization in Hungary, Poland, and the Czech Republic imply somewhat different patterns of corporate governance--that is, ownership, monitoring, and control of firms. Corporate governance affects economic incentives within the firm, and therefore economic performance of the firm. Similarly, patterns of ownership implied by the programs affect the distribution of gains from reform. Privatizing the large enterprises will importantly influence resource allocation, employment, and output. Consequently, the patterns of corporate governance embodied in the ...
International Finance Discussion Papers , Paper 455

Journal Article
Privatization and the transition to a market economy
Saving, Jason L. (1998-10)
The Chinese government has announced its intention to privatize thousands of state-owned enterprises. Such an effort would dwarf recent privatizations in the industrialized West and be comparable only to the Eastern European experience following the fall of the Soviet Union. As such, an examination of the Eastern European privatization may provide valuable lessons for China and any other developing economy that embarks upon a large-scale privatization program. In this article, Jason Saving considers three problems with which Eastern European privatizations have had to contend: a scarcity of ...
Economic and Financial Policy Review , Issue Q IV , Pages 17-25

Journal Article
Social Security and Medicare: no free lunch
Viard, Alan D.; Saving, Jason L. (2005-01)
Southwest Economy , Issue Jan , Pages 1, 8-12

Journal Article
Fiscal pressures and the privatization of local services
Kodrzycki, Yolanda (1998-01)
The privatization movement appears to have lost some momentum in the United States over the 1990s. Although local governments continue to look for ways to deliver services more efficiently by using private contractors, the pace at which they are issuing contracts has slowed. In part, the trends may reflect political realities. Public employees naturally are concerned about losing their jobs, and they constitute a sizable share of the electorate. The limited role of outside contractors may also reflect economic pragmatism, especially in the face of greater scrutiny of past efforts to privatize ...
New England Economic Review , Issue Jan , Pages 39-50

Journal Article
Sidebar : the privatization wave
Gerena, Charles (2003-04)
Econ Focus , Volume 7 , Issue Spr , Pages 14

Journal Article
Examining social security privatization in Latin America
Kay, Stephen J. (1998-10)
Economics Update , Issue Oct , Pages 2-3

Journal Article
Privatization of local public services: lessons for New England
Kodrzycki, Yolanda (1994-05)
As governments consider ways to provide public services more efficiently, privatization can seem like an attractive option. Yet the subject engenders sharp controversies. In New England, local governments generally have not engaged in as much privatization as those in other parts of the country. ; This article examines the evidence on the relative merits of privatizing public services and attempts to determine whether these costs and benefits actually appear to explain local government behavior throughout the United States. The limited scope of privatization by New England local governments ...
New England Economic Review , Issue May , Pages 31-46