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Privatisation in India: Challenging economic orthodoxy by T.T. Ram Mohan (Paperback, 2012)

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About this product

Product Information

Over the past decade India has been undertaking a programme of economic reform, and at the same time the economy has been growing at a high rate. As part of the reform programme, and in line with prevailing economic thinking, India has been privatising its large, ungainly public sector. One assumption underlying this programme is the dogma that public sector enterprises are doomed to inefficiency, and that competitive market forces can be relied on to make firms more efficient once they are privatised. But is this really true? Combining rigorous data analysis with case studies to provide a balanced evaluation of the process of deregulation and privatisation within the overall context of economic reforms, the author demonstrates, remarkably, that, contrary to the prevailing view, private sector firms do not outperform public sector firms across all sectors. He also shows that revenue-raising considerations have weighed more heavily with the government than efficiency objectives. Overall, this study of the reform process in India, with its unique longstanding mix of private and public sectors, will be of great interest to all those studying reform and transition worldwide.

Product Identifiers

Publisher
Taylor & Francis Ltd
ISBN-13
9780415653954
eBay Product ID (ePID)
117460701

Product Key Features

Author
T.T. Ram Mohan
Publication Name
Privatisation in India: Challenging Economic Orthodoxy
Format
Paperback
Language
English
Subject
Economics, Business
Publication Year
2012
Type
Textbook
Number of Pages
218 Pages

Dimensions

Item Height
234mm
Item Width
156mm
Item Weight
363g

Additional Product Features

Title_Author
T.T. Ram Mohan
Series Title
India in the Modern World
Country/Region of Manufacture
United Kingdom

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