Global auction of public assets: public sector alternatives to the infrastructure market and public private partnerships / Dexter Whitfield Whitfield, Dexter.
Table of contents
Global Auction of Public Assets
It is an empirical tome of information that will stand as a core reference for years to come when anyone seeks out the extent and scale of PPPs throughout the world. Whitfield ties privatization to globalization and looks at infrastructure as a new wealth machine for international corporations. He outlines how things that used to be considered essential public services are becoming just one more chip in the international investment casino. Infrastructure projects have been subject to the kind of financial engineering we have seen in the banking sector in recent years.
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This includes financialisation, gearing, marketisation of assets and the growth of a secondary re-sale market. In the process he exposes the myriad of connections between banks and financiers, global construction and management companies, consultants and policy advisors. This book is an excellent guide to this largely invisible part of the neoliberal revolution, providing us with the detailed understanding that we so urgently need if we are to combat it effectively.
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Infrastructure - the new global wealth machine? Growth of global private infrastructure investment market 6. Global spread of PPPs and privatisation 7.
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Trading portfolios of schools, hospitals, and prisons 8. Abandoned and terminated projects 9. Impacts of infrastructure PPPs and privatisation Strategies for public investment Public infrastructure in the 21st century is confronted with new challenges - adapting to climate change, meeting the economic, energy, water, transportation and social infrastructure needs of megacities in Asia, megaregions in North America and European city regions.
Global Auction of Public Assets: | Socialist Renewal
Public infrastructure provides basic human needs - homes, water, energy for light, heat and cooking; the transport of people, raw materials and goods by road, rail, sea and air; hospitals, schools, sports and cultural facilities; communications networks; facilities for the criminal justice system; and civic and governmental buildings for democratic governance, social and political activity. Public infrastructure supports economic growth, increases productivity, generates employment, creates opportunities for the production and supply chains in construction and services, and improves community well-being.
Wider adoption of Public Private Partnerships PPPs and growth of the global infrastructure market, financed by investment funds and pension. Read more Read less. Kindle Cloud Reader Read instantly in your browser. Product details File Size: January 11, Sold by: Related Video Shorts 0 Upload your video. Customer reviews There are no customer reviews yet.
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Global Auction of Public Assets.