Privatisation

David Simpson, Frank Kirwan (Editor)

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    Abstract

    With the appointment of a new Secretary of State for Trade and Industry the government have announced that they intend to proceed "briskly" with a programme of privatisation. This word has many different meanings, but it broadly corresponds to what twenty years ago would have been called denationalisation. In pursuit of this programme, the government have already sold off their majority shareholdings in Amersham, Britoil, Cable & Wireless, and Associated British Ports. The timetable for the disposal of other major public enterprises has been established. This briefing paper considers the rationale behind privatisation and proposes an alternative liberalisation strategy instead.
    Original languageEnglish
    Pages (from-to)82-85
    Number of pages4
    JournalQuarterly Economic Commentary
    Volume9
    Issue number3
    Publication statusPublished - Feb 1984

    Keywords

    • privatisation
    • free market economics
    • liberalisation
    • UK economy
    • British industry

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  • Cite this

    Simpson, D., & Kirwan, F. (Ed.) (1984). Privatisation. Quarterly Economic Commentary, 9(3), 82-85.