The International Papers in Political Economy (IPPE) series explores the latest developments in political economy. This fourth volume focuses on experiences of privatization and of private finance initiatives. Privatization of industries and public services, in whole or in part, has become increasingly widespread, and the idea is influencing policy in a range of countries worldwide, especially in relation to utilities such as water and electricity. The UK has introduced new forms of privatization in recent years, most notably the Private Finance Initiative (PFI) and Public Private Partnerships (PPP). These initiatives and others have gained global recognition, but have also attracted significant criticism. This book brings together a range of scholars and experts to examine current issues in privatization, with coverage of private finance investment in public services in the UK, as well as new privatization initiatives in specific industries and regions. This is an extremely topical issue, and this book offers detailed analysis and informed comment on the real economic issues involved in privatization and schemes such as PFI and PPP. This book should be essential reading for all postgraduates and scholars looking for expert discussion and debate of the issues surrounding privatization.
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