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Economic Lawanalysis Of Public Utilities Privatization Macroeconomic Regulation And Control

Posted on:2015-03-24Degree:MasterType:Thesis
Country:ChinaCandidate:Y Y WenFull Text:PDF
GTID:2266330428470319Subject:Economic Law
Abstract/Summary:PDF Full Text Request
So-called public utilities privatization, is refers to change before the monopoly by thegovernment utility model, encourage social forces to invest in public utilities inextensively, in order to obtain public utilities management. European countries since1970for public utility privatization of sweeping reforms, subsequently, somedeveloping countries also started the incremental utility privatization movement. Alongwith the development of public utilities in China in the process of all sorts ofmalpractices, the government is gradually changing the management idea, practice theprivatization reform experiment, has obtained certain achievements, but because ofinherent defect of the market mechanism in the process of privatization reform, manywith utilities meet the demand of the public property is not suitable.This paper first defines the concept of utility, the characteristics of public utilities, thenatural monopoly, public utilities, networked, obvious characteristics of quasi-publicattribute has made the detailed analysis, in order to further illustrate the utilities in theprocess of development which need to play to the role of the market, and eager to rolethe government macroeconomic regulation and control guidance. At the same time, alsomade clear the connotation of public utility privatization. Because before the publicutility state monopoly, financial pressure is too large, the government has to considerintroducing social forces of public utilities, but in the process, and there are many voices;Secondly, define the concept of macro regulation and public utility privatization theconcept of macro regulation and control, to deepen the understanding of public utilityprivatization macro-control; At the same time, through the government macroeconomicregulation and control and the difference between government regulation, to explain, inthe process of public utility privatization should be differentiated from before thegovernment mandatory, no clearance of government regulation, to softer to reasonableregulation of public utilities privatization, to ensure the smooth progress in publicutilities privatization. At the same time, from two aspects of the real level and economiclevel to illustrate the necessity of public utility privatization, public utility privatizationnecessity in argument and draw lessons from the theory of public choice andinstitutional change. A cost benefit analysis in chengdu and scope references withdefects of market mechanism to further illustrate the necessity of public utilityprivatization; Again, through analyzing the present situation of the public utilities privatization, to summarize the problems: inadequate protection of the legal system,lack of rationality and scientific nature price formation mechanism, market access andexit mechanism is not sound, government regulators and the lack of accountabilitymechanism. Finally, in view of the problems arising from the privatization processfeasible measures are put forward: to make the necessary legislative reform to provide apowerful legal guarantee for privatization reform, to establish a rational and scientificpricing mechanism, improve the market access and exit mechanism, set up independentgovernment regulators, and perfect institutional accountability mechanism, establish andperfect the public utilities privatization in the process of the system, improve the publicutility privatization way of choice.
Keywords/Search Tags:public utilities, privatization macroeconomic, regulation and control
PDF Full Text Request
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