Chapter 10 Port Governance and Privatization in the United States: Public Ownership and Private Operation

2006 ◽  
Vol 17 ◽  
pp. 207-235 ◽  
Author(s):  
James A. Fawcett
1989 ◽  
Vol 7 (4) ◽  
pp. 238-250
Author(s):  
Franz Wirl

The power industry is traditionally organized as a public utility. While the United States relies on investor owned utilities combined with public regulation. Europe and many other countries use public ownership as a means to control and regulate this important industry. This paper reviews economic theories which justify and/or explain public ownership, or more generally the regulation of (private or public) firms. The aim is to use recent (economic) approaches and criteria of deregulation in order to arrive at a proposal of a — presumably more efficient — organization of the power industry.


Urban Studies ◽  
2020 ◽  
Author(s):  
Janet Bednarek

The connection between airports and urban development is highly contested. From the time airports were first established in the 1920s airport proponents have argued that they would inevitably result in economic benefits for the local area. This boosterism played an important role in efforts to both establish and expand airports. While there is general agreement on a relationship between airports and economic development, its nature has varied over time and with location. Some scholars have questioned whether airports spark economic development or whether local economic development provides the context for airport expansion. Others have pointed out that sometimes the relationship has been a zero-sum game as economic activity simply moves from one part of a metropolitan area to another. And many have argued airport development is most likely to promote wider economic benefits only when it is part of broader planning efforts, but jurisdictional complexities (suburban airports surrounding by multiple jurisdictions, for example) often thwart such efforts. And the question arises as to whether airport-driven economic development merely aids the area immediately surrounding the airport or the broader metropolitan region. For local officials, the greatest barrier to using airports as a tool of economic development, though, has been the persistent problem of airport noise. Especially since the dawn of the jet age in the 1950s, aircraft noise issues have both shaped and limited development around airports. Further, the land use planning process for areas surrounding airports has had to not only show sensitivity to the noise issue but also to ensure that any development would not constitute a hazard to aerial navigation. Therefore, local officials have been most successful in promoting development closely related either directly or indirectly to aviation—activities such as manufacturing, transportation, hotels and convention centers. The areas around airports have also become the sites of otherwise “undesirable” developments such as prisons. However, any development on or near a public airport must also comply with multiple and complex federal rules and regulations. Most recently, calls for the privatization of airports has given rise to the question as to whether airports are more likely to promote economic development under private or public ownership. Privatization has been most common outside the United States. Within the United States, while privatization has had its champions, public ownership remains the overwhelming norm for larger commercial airports.


2019 ◽  
Vol 29 (3) ◽  
pp. 209-219
Author(s):  
Stefano Giacomelli ◽  
Darragh Hare ◽  
Michael Gibbert ◽  
Bernd Blossey

1992 ◽  
Vol 21 (1) ◽  
pp. 5-18
Author(s):  
Paul Streeten

After a few reminiscences about Arthur Lewis, several questions on what socialism is not about are raised. Neither public ownership, nor welfare services nor central planning are considered essential to it. The view that the distinction capitalism-socialism is obsolete is briefly discussed. It is argued that many important distinctions cut across the divide. The United States is held up as a socialist country. Changes in the socialist creed in the last century are noted. An alternative window of looking at the private-public sector distinction is discussed. And the essence of socialism as the democratization of political and civil society and private firms is advanced. A final plea for pedantic utopianism is made.


Sign in / Sign up

Export Citation Format

Share Document