Privatization
in sentence
465 examples of Privatization in a sentence
These investors, together with Saudi institutional investors, are accustomed to the use of
privatization
as a wealth-distribution mechanism.
But Saudi Arabia is not pursuing Saudi Aramco’s partial
privatization
to move money from one sovereign pocket to another; it needs to raise fresh capital to finance its spending needs.
Furthermore, a dual-pricing approach to
privatization
– in which domestic investors are offered equity at a discount – could send the wrong message to international investors.
Continuing on this path, and ensuring that Saudi Aramco fully meets the country’s stringent domestic standards, would be in line with the motives behind the company’s privatization, which include, as Saudi Deputy Crown Prince Mohammed bin Salman has explained, increasing transparency.
India’s former prime minister, Manmohan Singh, who lost power less than a year ago, is being questioned by prosecutors in connection with allegations of corruption in the
privatization
of coalmines under his government.
Behind the new rhetoric lurk the same old neo-liberal policies of unthinking liberalization and
privatization.
Liberalization and
privatization
done the right way, as part of the Third Way, can help the poor.
Has
privatization
delivered growth in Russia, for example?
The problems of Britain’s rail
privatization
and California’s electricity deregulation have stripped bare the dangers of neo-liberal policies even in the best of circumstances.
The time is ripe for a new Third Way consensus, beyond the neo-liberal Washington pensée unique: a balanced view of markets and government, a refusal to confuse means (like
privatization
and liberalization) with ends, and a broader conception of those ends – not higher GDP, not increased income for the few, but the creation of democratic, equitable, and sustained growth.
But it is also accomplished by
privatization
of social security such that the mandatory contributions are taken out of the hands of government and invested for the future rather than dissipated in current spending.
Second, governments have to start running budget surpluses and use
privatization
to set aside revenues that can be invested to meet future claims.
Yet requiring deep fiscal cuts, privatization, and other structural reforms of the type that Greece has had to undertake risks greater unemployment and deeper recessions.
And the outgoing Hu Jintao’s objective was development, particularly in the country’s vast interior, unleashed through large-scale
privatization.
This reflects a fundamental conflict between Thatcherism and Trumpism: the latter aims to sweep away the neoliberal consensus of unregulated markets, privatization, free trade, and immigration that comprised the former.
Throughout the 1980s, COPARMEX lobbied for Mexico to join GATT, implement fiscal and tax reform, and initiate a
privatization
process.
The transitional independent
privatization
agency proposed by Jean-Claude Juncker for paying the Greek debt is not a good idea.
The Czechs were first and fastest at comprehensive privatization, including a mass
privatization
program involving the vast majority of the population through participation in voucher auctions, a far-reaching program of restitution, and rapid liberalization for starting new private businesses.
Significantly, unlike in Russia and other transition countries, Czech
privatization
did not confer special property rights on managers and other enterprise insiders (who are likely to have many ties to the old regime and thus unlikely to become convinced supporters of the new one), but spread ownership rights over the widest spectrum of general population.
In particular, the survey shows that individuals who participated in both waves of voucher privatization, as well as those who received property through restitution, and also those who took advantage of the new economic freedom to become entrepreneurs, have views often sharply different from the rest of the population.
Those who participated in both waves of voucher
privatization
(79% of respondents in the survey) firmly declare themselves to be more satisfied than those who sat out at least one wave, with 56% of participants in both waves satisfied with the course of reform, versus only 37% of those who participated in neither or only one wave.
When asked, for example, whether prices should be more tightly controlled than currently, 43% of participants in both waves of voucher
privatization
disagree.
Those who took part in both waves of voucher
privatization
are 50% more likely to favor a free market; restituents are 42% more likely to do so.
Voucher privatization, restitution, and entrepreneurship: all generate support of reform.
One of the Mazowiecki team’s greatest achievements was the introduction, led by Finance Minister Leszek Balcerowicz, of fast and far-reaching market reforms and
privatization.
Introducing real competition in energy and telecoms, lacking in the
privatization
process until now, is also pledged.
In a liberalization package just released, the government partially redresses its early mistakes in
privatization
by clawing back power from the incumbent near monopolies in oil, gas, electricity, and telecoms.
Widening inequality has been recorded in the United States (starting with Ronald Reagan’s administration), the United Kingdom (starting with Margaret Thatcher), Russia during its privatization, and more recently in China and India.
In the 1990’s, foreign investors were chiefly attracted by
privatization
programs in the region, but more recently mergers and acquisitions and greenfield projects have been the most common type of investment.
Structural reform and
privatization
have slowed, eroding investors' confidence.
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