Prospects for Privatization

Prospects for Privatization

Prospects for Privatization

Prospects for Privatization


For many years and in various ways, governments have undertaken an increasing range of activities that were by no means inherently governmental. The results were not uniformly satisfactory. Performance quality was often unacceptable and costs were excessive. Assertions that the private sector could do better stimulated discussion of the desirability of government provision. Many services were transferred to the private sector under the rubric "privatization."

The Academy of Political Science undertook to sponsor a project on privatization. Professor Steve H. Hanke of the Johns Hopkins University agreed to plan the volume. He was able to draw upon his extensive knowledge of the subject and to obtain essays from a group of distinguished scholars. The resulting volume covers a wide range of issues. One outstanding feature is the emphasis on results, on experience gained under varying circumstances. Some of the papers were presented at a public conference at Columbia University on 20 November 1986.

The Academy extends its thanks for financial support to the Glenmede Trust Company, the Robert Schalkenbach Foundation, the John M. Olin Foundation, the Earhart Foundation, and the Signal Companies, Inc.

The Academy also thanks William Farr, Eric C. Banks, Brian Keizer, and Ingrid Sterner for skillfully editing the manuscripts and overseeing the production of the volume.

The views expressed are those of the authors and not necessarily those of any of the organizations with which they are associated. The Academy of Political Science serves as a forum for the development and dissemination of opinion on public-policy questions, but it does not make recommendations on political and social issues.

Senior Adviser . . .

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