Savas provides a complete guide to privatization––the background, theory, and practical reality. This book explains what, why, when, and how to privatize. Contracting services, using franchises and vouchers, divesting government-owned businesses, privatizing infrastructure through public-private partnerships, reforming education, privatizing the welfare state, and overcoming opposition to privatization are discussed in detail. In addition, Savas provides hundreds of examples from local, state, and federal government in the U.S. and other countries.

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Part One: Background of Privatization
1. Introduction
2. The Growth of Government

Part Two: The Theory of Privatization
3. Basic Characteristics of Goods and Services
4. Alternative Arrangements for Providing Goods and Services

Part Three: The Practice of Privatization
5. Why and How to Privatize
6. The Results of Privatization
7. Contracting for Public Services
8. Divesting Enterprises and Assets
9. Public-Private Partnerships for Infrastructure
10. Reforming Education and Privatizing the Welfare State
11. Overcoming Opposition to Privatization
12. The Future of Privatization

E.S. Savas is professor of public affairs at Baruch College. He received BA and BS degress from the University of Chicago, a PhD from Columbia University, and an honorary doctorate from the University of Piraeus (Greece). An internationally known pioneer in and authority on privatization, he is the author of numerous books and articles; his books have been published in 21 foreign editions. Savas served as first deputy city administrator of New York and was appointed by President Ronald Reagan as assistant secretary of the U.S. Department of Housing and Urban Development. He also held elected office as a member of the borough council of Tenafly, New Jersey. He was professor of public management at Columbia University's Graduate School of Business and taught in the Department of Management, School of Business, Baruch College, where he also served for eight years as chairman.