Privatization
in sentence
465 examples of Privatization in a sentence
There was a time when
privatization
– allowing individuals to set up individual savings accounts – seemed better than Social Security, which invests in lower-yielding Treasury bills.
Advocates of
privatization
argued that funds would do much better if invested in stocks, predicting a return of 9%.
It is possible that to reduce these transactions costs, Bush will propose restricting choice, which was the main argument for
privatization
in the first place.
So
privatization
would not protect retirees against the Social Security system’s insolvency; it would merely add enormously to today’s fiscal deficit, because partial
privatization
entails diverting money to private funds that would have been used to close the gap between government expenditures and revenue.
Advocates of
privatization
claim to believe in markets, but they are proposing budget gimmickry that would move those losses off the books, as if markets could be easily fooled.
America and the world should remember: Argentina’s
privatization
of its pension system was at the center of its recent fiscal woes.
The US is starting on its
privatization
venture with a fiscal deficit of 4% of GDP.
Privatization
advocates insist, however, that investments in stocks would yield sufficiently higher returns to provide individuals the same retirement income as before, with the surplus used to fill the gap.
With increased transaction costs, worsening solvency for the system, increased budget deficits, and decreasing benefits and security for retirees, why the drive for
privatization?
Privatization
will only make matters worse.
Bush has tried to scare America about the magnitude of the problem, and he has tried to fool America about how
privatization
would solve it.
Countries were advised to abandon their national development strategies in favor of globalization, market liberalization, and
privatization.
Its activities should include raising capital (equity and debt) for global education; providing investment-banking services to governments, businesses, and multilateral agencies in cooperation with local banks; and offering consulting and advisory services for public-private partnerships, privatization, decentralization, loans, and concessionary finance negotiations.
Nevertheless, their religious faith in privatization, unfettered markets, and monetarism led them to over-hasty asset sales, reckless deregulation, and savage deflation.
And the need to do both has become more obvious than ever in an era of slow economic growth and
privatization
of services once provided by the public sector.
Instead of large-scale privatization, it might be better to limit state aid and give competitors legal recourse to seek redress if state aid distorts competition.
Some of these shortcomings may be improved by reducing the state even more through
privatization
and out-sourcing.
Privatization
has been creeping in at the margin in the form of United Parcel Service, Federal Express, and others.
One way to overcome opposition to
privatization
is to identify potential opponents and cut them in on the deal by means of, for example, stock ownership, a kind of populist capitalism at which Mrs. Thatcher was skilled.
The problems of overcoming vested interests, of frustrating rent seeking, apply to almost every attempt to change government policy, whether the change involves telecoms
privatization
or reducing farm subsidies.
Do not compromise by partial
privatization
or partial reduction of state control.
It was, for example, the reforms pursued by Poland's Leszek Balcerowicz (stabilization policies followed in other countries) that stopped inflation and started
privatization
but with high social costs.
It is difficult today to imagine tanks firing on a legally elected parliament or
privatization
of state assets – as well as delegation of the actual running of the country – to the head of state’s family and business cronies.
Where far-reaching
privatization
has occurred, new owners have a real interest in combating theft.
Second, the reform strategies focused squarely on the essential: the liberalization of prices to reflect scarcity and facilitate the allocation of resources; stabilization of finances to end shortages and inflation; and
privatization
of state-owned companies and assets in order to improve corporate governance and performance.
Technical assistance, capacity building, and support for
privatization
– of banks, in particular – further smoothed the way.
I have called this the
privatization
of war.
These measures included reduced public spending and the
privatization
of public goods, lower taxes, financial deregulation, and free-trade agreements.
This does not require privatization, but rather that assets could yield a reasonable return, freeing more resources than most cities currently have on hand.
India’s economic future lies in maximizing its private sector’s dynamism, which demands an acceleration of institutional reform, including
privatization
at both the national and state level.
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