The Privatization Process:

A Worldwide Perspective

The Privatization Process:
A Worldwide Perspective

Terry L. Anderson and Peter J. Hill, Editors

Many economies are actively engaging in rapid privatization of state assets using a variety of procedures, some successful and some not. In this volume, several noted authorities on institutions and institutional reform analyze the prerequisites for successful privatization, the path of reform in different economies, and the degree to which various equity and efficiency goals are met by alternative mechanisms. Various chapters look at the creation of rights to land on the Brazilian frontier, New Zealand's experiment with institutional reform, China's attempt to decollectivize agriculture and spontaneous privatization in the formerly Communist countries.

Terry L. Anderson is the executive director of PERC and a professor of economics at Montana State University. Peter J. Hill is a PERC senior associate and a professor of economics at Wheaton College.

Rowman & Littlefield Publishers, Inc.
4720 Boston Way
Lanham, MD 20706
1996; 270 pp.

Terry Anderson is the William A. Dunn Distinguished Senior Fellow and former President and Executive Director of PERC as well as the John and Jean De Nault Senior Fellow at the Hoover Institution, Stanford University. He believes that market approaches can be both economically sound and environmentally sensitive. His research helped launch the...
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P.J. Hill is professor emeritus of economics at Wheaton College in Wheaton, Illinois and a Senior Fellow at PERC.An economic historian by training, Hill has written on institutional change and the evolution of property rights. His book with Terry Anderson, The Not So Wild, Wild West, challenged many of the traditional theories of how the West was...
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