Liberalization and Privatization of Public Utilities: Origins of the Debate, Current Issues and Challenges for the Future

  title={Liberalization and Privatization of Public Utilities: Origins of the Debate, Current Issues and Challenges for the Future},
  author={Giuseppe Bognetti and Gabriel Obermann},
  journal={Wiley-Blackwell: Annals of Public \& Cooperative Economics},
Theoretical arguments and empirical findings put forward in this paper leads to the conclusion, that the often stated dominant position against public enterprises is not at all convincing. In order to arrive at a fair and valid evaluation of public utilities, it is indispensable to look more closely to the particular circumstances of the technological, economic and social environment and the goals of the provision of a concrete service of public interest. The second part of the paper provides… 
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