Privatization
in sentence
465 examples of Privatization in a sentence
What is worse, when
privatization
was rushed through, the result was massive corruption, managerial plunder, and paralysis at the firm level.
As Greece and others face crises, the medicine du jour is simply timeworn austerity packages and privatization, which will merely leave the countries that embrace them poorer and more vulnerable.
Economic liberalization, deregulation of capital movements, suppression of subsidies,
privatization
of valuable public assets (liquidation would be a more appropriate word), fiscal austerity, high interest rates, and repressed demand became the order of the day.
Privatization
has been the leitmotif in economic policy in recent years, but in politics the
privatization
of war is terrorism.
Look at the litany of technocratically inspired examples of
privatization
and deregulation in the 1990's.
A typical example is
privatization.
If
privatization
displaces too many workers without compensation, a majority of citizens could come to see it as illegitimate, potentially undermining their support for private ownership of productive property.
This is exactly what has happened in more than a few post-communist countries, where
privatization
has become a dirty word.
Not surprisingly, income inequality in many of these countries is worse today than it was when they abandoned
privatization
and other reforms.
Though it has lagged behind the
privatization
of military services, the
privatization
of intelligence expanded dramatically with the growth in intelligence activities after the September 11, 2001, attacks on the US.
Yet the
privatization
of intelligence raises many larger concerns familiar to the debates over private military and security companies (PMSCs).
Unlike more established democracies, in which politics only effects the economy at the margins, Poland cannot coast along; it needs leadership from its politicians if the economic gains of the last few years are not to be wasted through lack of progress on privatization, fiscal and banking reform, and modernization of the legal system.
The policies of deregulation, privatization, and trade liberalization (the so-called Washington Consensus) that countries adopted in the 1980's, supposedly marked the victory of professional economists over populist politicians.
Any graduate student in economics knows that deregulation, privatization, and trade liberalization cannot be expected to produce economic benefits without a long list of unlikely conditions being satisfied.
Any economist from Washington (or Harvard) would have pushed a recipe of
privatization
and across-the-board liberalization if asked in 1978 to advise the Chinese government.
Similarly, the principle that private incentives should be aligned with social costs and benefits hardly results in unconditional support for policies of trade liberalization, deregulation, and
privatization.
His promises include partial
privatization
of social security and making his earlier tax cuts permanent, which, if adopted, will send the deficits soaring to record levels.
Even proposed measures to raise fiscal revenues – such as the
privatization
of minority shares in seven state-owned corporations – will likely be done in a way that favors his cronies.
Stockholm, ruled by conservatives and liberals, has extended its free-market experiments, such as
privatization
of subway trains, to education vouchers and free choice of alternative schools.
The alternative would be to embark on a sustained program of
privatization
to shrink the asset side of the state’s huge balance sheet.
Most public-sector industries have been near bankruptcy until saved by competition and
privatization.
The biggest improvements for consumers, though, come not from privatization, but from competition.
In almost all candidates, further disinflation and long-term economic growth require fiscal consolidation, more flexible labor markets, and completion of
privatization.
During the first decade of the new century, Russia benefited from the combined effect of an old hydrocarbon industry that
privatization
in the 1990s had made more efficient and high oil prices.
Indeed, Havel’s greatest defeat may be that most Czechs now view their country as a place where political parties serve as agents of powerful economic groups (many of them created by the often-corrupt
privatization
process overseen by Klaus).
And Brazilian President Dilma Rousseff may embrace more stable macroeconomic policies and accelerate structural reforms, including
privatization.
Increased liquidity in international capital markets also reduced the need to obtain multilateral financing, and with it the need to accept conditions like
privatization
of natural resources and deregulation of public utilities.
Some critics even charge that increased corruption exposes the failure of economic reforms, particularly
privatization.
Privatization
of urban real estate will save the businesses from the constant demand for payoffs by local officials, who as landlords can extract bribes by threatening to repossess the premises.
This approach has already worked in the Russian
privatization.
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