Privatization : the key to better government / E. S. Savas

Includes index.

Savas discusses the basic nature of the goods and services people want, and describes the alternative institutional arrangements available to provide them. Turning over state activities to the marketplace, by divestment or default and using contracts, vouchers, franchises and voluntary organizations to achieve public purposes, are the principal approaches to privatizing government functions. Governments of all ideological persuasions recognize that privatization, properly applied, leads to more cost-effective government, economic growth, and a higher standard of living. With theoretical and empirical evidence and opinion surveys and anecdotal observations, Savas offers practical, step-by-step advice on how to privatize government services and enterprises while presenting the pros and cons of doing so. (For sale in India at Rs.63.00)