The official history of privatisation

書誌事項

The official history of privatisation

David Parker

(Government official history series)

Routledge, 2009-2012

  • v. 1
  • v. 2

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注記

Includes bibliographical references (p. 577-589) and index

Vol. 1. The formative years, 1970-1987

Vol. 2. Popular Capitalism, 1987-1997

内容説明・目次

巻冊次

v. 1 ISBN 9780415469166

内容説明

This first volume of the Official History studies the background to privatisation, and the privatisations of the first two Conservative Governments led by Margaret Thatcher from May 1979 to June 1987. First commissioned by the then Prime Minister Tony Blair as an authoritative history, this volume addresses a number of key questions: To what extent was privatisation a clear policy commitment within the Thatcher Governments of the 1980s - or did Government simply stumble on the idea? Why were particular public corporations sold early in the 1980s and other sales delayed until well into the 1990s? What were the privatisation objectives and how did they change over time, if at all? How was each privatisation planned and executed, how were different City advisers appointed and remunerated, what precise roles did they play? How was each privatisation administered; in what ways did the methods evolve and change and why? How were sale prices determined? Which government departments took the lead role; what was the input of the Treasury and Bank of England; and what was the relationship between Ministers and civil servants? The study draws heavily from the official records of the British Government to which the author was given full access and from interviews with leading figures involved in each of the privatisations - including ex-Ministers, civil servants, business and City figures, as well as academics that have studied the subject. This new official history will be of much interest to students of British political history, economics and business studies.

目次

1: Nationalisation to Privatisation: 1945-79 - the Genesis of a Policy Idea. 2: The Conservative Party, Nationalisation and the 1979 General Election. 3: Balancing the Books: Privatisation and the 1979-83 Government. 4: Privatising Oil. 5: Privatising British Aerospace and Cable and Wireless. 6: Privatising Amersham International, the National Freight Corporation and Associated British Ports. 7: The First Four Years - A Retrospective. 8: Into the Heartlands of the Public Trading Sector: Privatisation and the 1983-7 Thatcher Government. 9: Privatising British Airways, Rolls-Royce, Shipbuilding and the Royal Dockyards. 10: Privatising Bus Transport and the Royal Ordnance Factories. 11: Privatising British Telecom: The Decision to Privatise. 12: Privatising British Telecom: OFTEL and Regulating Profits or Prices. 13: Privatising British Telecom: The Flotation and Repercussions. 14: The Privatisation of British Gas: The Decision to Privatise and Designing an Appropriate Regulatory Regime. 15: The Privatisation of British Gas: The Flotation and Aftermath.
巻冊次

v. 2 ISBN 9780415692212

内容説明

This is Volume II of Professor Parker's authoritative Official History of Privatisation, covering the period from the re-election of Margaret Thatcher in 1987 to the election of Tony Blair in 1997. Volume II considers in detail several of the major privatisations, including those of airports, steel, water, electricity, coal and the railways, as well as a number of smaller ones. Each privatisation involved major challenges in terms of industrial restructuring, organising successful sales and, in a number of cases, establishing effective regulatory regimes. The policy evolved and new methods of selling and regulating were put in place that enabled further disposals to occur. Monolithic nationalised industries with their emphasis on the benefits of economies of scale, vertical integration and rationalisation, were replaced by industrial structures rooted in the importance of commercial management, risk taking and competition. In government departments and parts of the National Health Service, direct employees were replaced by private contractors, and private investment became a characteristic of public infrastructure in the form of PFI/PPP schemes. This study draws heavily on the official records of the British government, to which the author was given full access and on interviews with the leading figures involved in each of the privatisations, including ex-ministers, civil servants, business and City figures, as well as academics that have studied the subject. This book will of great interest to students of privatisation, British political history and of business and economics in general.

目次

1. The Privatisation Programme by June 1987 2. On To The Next Stage - Privatisation and the 1987-92 Government 3. Privatising The British Airports Authority 4. Privatising British Steel 5. Privatising British Leyland 6. Privatising Girobank, The Trust Ports and Short Brothers 7. Privatising the Water Industry: Early Planning 8. Regulating the Water Industry 9. Water Privatisation Achieved 10. Privatising the Electricity Industry: The Origins 11. The Failure to Privatise Nuclear Generation 12. Creating Electricity Markets 13. Privatising the Electricity Industry: Capital Restructuring, the Sales and Later Developments 14. Completing the Circle: Privatisation and the 1992-97 Government 15. Privatising the Coal Industry 16. Privatising the Railways: From Rejection to Legislation 17. Privatising the Railways: A Privatisation too Far? 18. Reviving the Goose. Appendix: Major Privatisations July 1987 - April 1997: A Listing of the Principal Advisers

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