Keeping privatization on track: the active state, the unwilling investor and the case of rail freight in the UK

Cumbers, A. and Farrington, J. (2000) Keeping privatization on track: the active state, the unwilling investor and the case of rail freight in the UK. Area, 32(2), pp. 157-167. (doi: 10.1111/j.1475-4762.2000.tb00126.x)

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Abstract

This paper presents a case study of rail freight privatization in the UK within the context of wider debates about globalization, the neo-liberal privatization programme and the role of the state. The case study reveals the interventionist role played by the state in both legitimizing the process of privatization and selling the idea to a reluctant private sector at home and abroad. In doing so, it points to a number of contradictions and problems in the model of privatization chosen that raises larger questions about the process of economic liberalization and market deregulation.

Item Type:Articles
Status:Published
Refereed:Yes
Glasgow Author(s) Enlighten ID:Cumbers, Professor Andrew
Authors: Cumbers, A., and Farrington, J.
College/School:College of Social Sciences > Adam Smith Business School > Management
Journal Name:Area
Publisher:Wiley
ISSN:0004-0894

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