Privatization

PREREQUISITES: (ECON-UA 1 OR ECON-UA 9001 OR ECON-UB 11 OR ECI-UF OR AP MACROECONOMICS WITH SCORE OF 4 OR 5) AND (ECON-UA 2 OR ECON-UA 9002 OR ECON-UB 1 OR ECI-UF 1002 OR AP.

NOT OPEN TO STERN STUDENTS.

This course will analyze the principles and practices underlying the privatization of public enterprises and governmental functions. After evaluating the criticism directed at public ownership, the course examines an alternative to privatization -- reforming state-owned enterprises and public administration, using examples from the U.S., Great Britain, and New Zealand. Various issues of privatization such as the roles of ownership and competition in stimulating efficiency, the implications of separation of ownership from management in distinguishing between private and public enterprises, conditions for successful divestiture programs, privatization's employment impact, and contracting out of government services are discussed both in principle and through the use of examples from industrial, transition, and less developed economies.

Course Information

ECON-UA 270

Undergraduate

4 Points

Term Section Instructor Schedule Location

Fall 2017

1
Jonas Prager
MW: 11:00 AM - 12:15 PM SILV 509