1. Introduction: Why Privatize? 2. Privatization, Rents and Rent Seeking 3. Institutional and Political Failure: Privatization in Malaysia 4. Universal Access and Private Provision: Malaysia’s National Sewerage 5. The Fallacy of Privatized Urban Rail: Kuala Lumpur Light Rail Transit 6. Perverse Incentives: Malaysia Airlines 7. Rents and Industrial Upgrading: Proton 8. Summary and Conclusion
Jeff Tan is a political economist at the School of Oriental and African Studies, University of London. His other research interests are in regulation, state capacity, industrial policy, institutions and governance.
"This well-written and properly documented study, based on the experience of privatization of some major public enterprises in Malaysia, demolishes the commonly held view that private enterprises are necessarily more efficient than public enterprises and that privatization necessarily improves efficiency...Policy makers will find the study's conclusions useful for formulating plans for privatization, and graduate students in economic development and public administration will also benefit from this study." - J. S. Uppal, SUNY at Albany, CHOICE June 2008 Vol. 45 No. 10 "Jeff Tan advances our understanding of Malaysian privatization by reaching deeply into complex matrices of political, technical, regulatory and governance failures that undid the privatization of the national airlines company (Malaysian Airlines System, or MAS), urban rail sustem (Star, Putra and KL Monorail), national sewage treatment project (Indah Water Konsortium, or IWK), and car manufacturing plant (National Automobile Industry, or Proton). The result is a penetrating critique of the weaknesses of Malaysian privatization that has the additional and considerable merit of exposing the flaws in the neoliberal arguments that proffered provatization as the panacea to state inefficiency." - Boo-Teik Khoo, Universiti Sains Malaysia, Penang, Malaysia "Jeff Tan's Privatisation in Malaysia...tackles the topic with an insightful and original combination of political economy perspective and detailed case studies. His framework and findings contribute richly to our understanding of Malaysia's privatization failures and challenge the continued propagation of such policies in developing countries...This books sheds valuable light in retrospect on why privatization failed." - Hwok-Aun LEE, SOJOURN: Journal of Social Issues in Southeast Asia, Volume 25, Number 2 (October 2010) "The book presents a detailed and well-argued explanation of why privatisation in Malaysia failed. Moreover, and perhaps more importantly, the book also presents an alternative general model as to why privatisation sometimes fails." - Siaan Ansori, Australian National University, The Journal of Southeast Asian Studies, Volume 41/3, October 2010
|
Ask a Question About this Product More... |
|
