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The Political Economy of Privatization in Rich Democracies - Oxford Scholarship Online
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The Political Economy of Privatization in Rich Democracies

Herbert Obinger, Carina Schmitt, and Stefan Traub


This book focuses on the political economy of privatization. Almost all advanced democracies have launched significant privatization programmes over the last three decades. However, while there was a global run into privatization, substantial cross-national differences in the divesture of state-owned enterprises can be observed. What are the driving forces behind this development and how can the variation be explained? These are the main questions that are addressed in this volume and they are of both theoretical and empirical interest. While the topic itself is not new, the existing comparati ... More

Keywords: political economy of privatization, formal privatization, substantial privatization, determinants of privatization, state-owned enterprises, public utilities, policy diffusion, convergence, OECD

Bibliographic Information

Print publication date: 2016 Print ISBN-13: 9780199669684
Published to Oxford Scholarship Online: March 2016 DOI:10.1093/acprof:oso/9780199669684.001.0001


Affiliations are at time of print publication.

Herbert Obinger, author
Professor of Comparative Public Policy and Social Policy, University of Bremen

Carina Schmitt, author
Assistant Professor, University of Bremen

Stefan Traub, author
Professor of Behavioural Economics, Helmut-Schmidt-University Hamburg