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Selling State Assets: Three Options. ESRI Research Bulletin 2011/3/1

Gorecki, Paul K. and Tol, Richard S.J. (2011) Selling State Assets: Three Options. ESRI Research Bulletin 2011/3/1. UNSPECIFIED.

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    Under the EU/IMF Programme for Financial Support for Ireland, the government undertook to consider the potential for disposing of State assets. In the 2011 Programme for Government a target of up to €2 billion was set for the sale of non‐strategic State assets, but only after adequate regulatory structures to protect consumers were in place. The State owns important parts of the economy – including the ports, airports, electricity generators, and transmission systems (gas and electricity). It also owns a household waste collector, a tour operator, a horticulture business, and a stud farm. The sale of State assets is nothing new – €8.3 billion has already been raised through the sale of State assets in steel, sugar refining, banks, telecommunication and airlines. Largely as a result, the share of the commercial state sector in total employment fell from 8 per cent of total employment in 1980 to 2 per cent in 2008.

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    Item Type: Other
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > public policy/public administration
    Countries > Ireland
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Economic and Social Research Institute (ESRI), Dublin > ESRI Research Bulletin
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 29 Nov 2019 17:19
    Number of Pages: 3
    Last Modified: 29 Nov 2019 17:19

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