Please use this identifier to cite or link to this item: http://hdl.handle.net/10397/25320
Title: Port privatization policy and practice
Authors: Cullinane, KSD
Issue Date: 2002
Publisher: Routledge, Taylor & Francis Group
Source: Transport reviews, 2002, v. 22, no. 1, p. 55-75 How to cite?
Journal: Transport reviews 
Abstract: In recent years a significant number of countries have implemented policies aimed at reforming their port industry. In the belief that it will improve efficiency and reduce the heavy financial burden placed upon governments that attempt to support such a capital-intensive industry, privatization has often formed an important strand of such policies. A key claim in favour of privatization is that the transfer of ownership from public to private hands will ultimately lead to an improvement in economic efficiency and, hence, financial and operational performance. This paper investigates the theoretical underpinnings and practical validity of this claim and concludes that privatization is only a partial cure for what ails the world's ports and that, if implemented in isolation, it simply cannot deliver the much-needed panacea for the industry's woes.
URI: http://hdl.handle.net/10397/25320
ISSN: 0144-1647
EISSN: 1464-5327
DOI: 10.1080/01441640110042138
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