Publication Details

Occasional Paper

The State and the Market: The UK Experience of Privatization

Publication cover

Author(s): Kay, J.A.
Year: 1987
Pages: 38
ISBN: 1-56708-022-7

This paper discusses the intellectual climate surrounding the a shift from an apparently the unlimited belief in the capacity of government to engage in rational economic intervention to a deep skepticism of the motives and abilities of government and a reassertion of the value of market forces. The paper is mainly focused on the U.K. experience.

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