How Long to Read The Impact of Privatisation

How Long Does it Take to Read The Impact of Privatisation?

It takes the average reader 3 hours and 40 minutes to read The Impact of Privatisation by Stephen Martin

Assuming a reading speed of 250 words per minute. Learn more

Description

Over the past decade economic policy in the UK and elsewhere has been guided by the belief that resources are used more efficiently in the private sector than under state ownership. Consequently, many formerly state-owned companies have been transferred to the private sector. After surveying the theoretical arguments for and against this hypothesis, this book examines the experience of eleven firms, including British Airways, Rolls-Royce and British Telecom. Various indicators are used to measure each firm's performance before and after privatisation to assess whether this policy has brought about improvements in efficiency. The first four chapters provide background material for the empirical work that follows. Chapter 1 outlines the theoretical arguments for and against the idea that private ownership will be more efficient than state control. Chapter 2 provides brief histories of the eleven organisations studied and chapter 3 discusses how their performance can be measured. Chapter 4 reviews the literature on the relative efficiency of public and private ownership. Chapter 5 considers the impact of privatisation on each of the eleven firms' labour and total factor productivity growth. Chapter 6 performs a similar analysis using two standard accounting ratios (value-added and the rate of profit). Chapter 7 assesses the impact of privatisation on technical efficiency using data envelopment analysis. In chapter 8 the impact of ownership on employment, wage levels and the distribution of business income is considered. The penultimate chapter discusses the restructuring that has followed each company's move into the private sector, and the final chapter summarises the results.

How long is The Impact of Privatisation?

The Impact of Privatisation by Stephen Martin is 220 pages long, and a total of 55,000 words.

This makes it 74% the length of the average book. It also has 67% more words than the average book.

How Long Does it Take to Read The Impact of Privatisation Aloud?

The average oral reading speed is 183 words per minute. This means it takes 5 hours to read The Impact of Privatisation aloud.

What Reading Level is The Impact of Privatisation?

The Impact of Privatisation is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy The Impact of Privatisation?

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