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Public policy towards the sale of state assets in troubled times: Lessons from the Irish experience

journal contribution
posted on 2023-06-08, 11:04 authored by Paul K Gorecki, Sean Lyons, Richard TolRichard Tol
The sale of state assets, both tangible (e.g. commercial firms) and intangible (e.g. radio spectrum), can address budgetary shortfalls. However, drawing on the Irish experience to inform this important issue, it becomes clear that much more is involved in selling state assets in electricity, gas, and transport than ranking such assets by value. Wider public policy considerations need to be taken into account in deciding what to sell and under what conditions. The paper outlines how these wider issues, relating to competition and regulation, can be dealt with so that the sale of state assets will enhance societal welfare.

History

Publication status

  • Published

Journal

Utilities Policy

ISSN

0957-1787

Publisher

Elsevier

Issue

3

Volume

19

Page range

193-201

Department affiliated with

  • Economics Publications

Full text available

  • No

Peer reviewed?

  • Yes

Legacy Posted Date

2012-04-18

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