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Privatization in sentence

465 examples of Privatization in a sentence

But macro-level policies, such as liberalization of trade and investment, privatization, and so forth, are powerful engines of poverty reduction; indeed, they are among the key components of the reforms that countries like India and China embraced in the mid-1980’s and early 1990’s.
The consensus may have reflected the success of Lula’s predecessor, Fernando Henrique Cardoso, the relative success of privatization and liberal market economies around the world, and the growth of Brazil’s middle class.
Latin Americans also deeply resented Washington Consensus policies of the 1980s-1990s which were often poorly implemented, and mandated “shock therapy” in the form of macroeconomic stabilization, sweeping deregulation, and privatization.
Profound economic and technological changes in recent decades – together with privatization, deregulation, digitization, and financialization – have further empowered elites and enabled them to hone their use of political influencing via think tanks and philanthropies; shadow lobbying, workarounds that subvert standard processes; the media; campaign finance; and stints in “public service” to advance their interests.
The privatization process can be linked to pension reform by earmarking privatization revenues or enterprise shares now held by the state to help finance the change over to a private, individualized pension system.
Instead of being viewed as a fire sale to fill fiscal holes, privatization would be part of a grand public-private partnership for development.
For the most part, center-right, democratically elected governments replaced the military dictatorships, and they exchanged the previous economic paradigm – import substitution, state intervention, and overregulation – for the Washington Consensus, which called for fiscal discipline, price stability, trade and financial liberalization, privatization, and deregulation.
They sought to counter the trend toward less work through privatization and deregulation.
But that is a canard: real-estate speculation, not privatization, has been the real source of undeserved wealth in Japan.
Growth requires a dramatic advance in economic institutions (property rights, the legal process, a curtailing of corruption) and a major advance in privatization including, agriculture.
These actors’ insistence on privatization, deregulation, and liberalization of capital markets and trade – the so-called Washington Consensus – enriched business and financial elites, led to acute crises, and undermined emerging economies’ growth.
He will have to praise privatization of Social Security – and argue that individuals will make prudent and wise investment decisions with this baseline tranche of their potential retirement resources.
Complying with current orthodoxies – for example, on privatization and liberalization – can earn you points on “good governance,” and thus increase aid allocations—even when they reduce true aid effectiveness.
The ECB’s Illusory IndependenceATHENS – A commitment to the independence of central banks is a vital part of the creed that “serious” policymakers are expected to uphold (privatization, labor-market “flexibility,” and so on).
This approach would also create an opportunity to advance privatization, which could bolster innovation and competitiveness.
Syriza has also promised to repeal labor-market liberalization and suspend privatization.
Whatever its form, privatization did not just express a philosophical direction; it also had wide-ranging economic consequences, not least on stock exchanges, which were revitalized through SOE listings in countries as different as Italy and Egypt.
While the potential floating of shares of Saudi Aramco, Saudi Arabia’s state-owned oil company, seems to suggest that privatization has not been completely jettisoned, there is a wider and potentially more important trend.
In response to this challenge, governments are focusing less on privatization than on modernization.
Through sovereign investments in high-tech firms, policymakers can produce positive multiplier effects, including on the capital markets that were previously developed through privatization.
In any case, to focus solely on the privatization of large SOEs is to give a false impression of the direction of state capitalism in emerging markets.
Though the Russian leadership denies that it is implementing state capitalism and affirms its commitment to privatization and competition, the Rosneft deal is a bold statement to the contrary.
Besides, in contrast to China, where economic reforms were quicker and more complete, India still has a way to go: privatization, labor-market reforms, and opening up the retail sector to larger, more efficient operators are all pending – and will give a further boost to India’s growth rate once they are implemented.
Russia’s Boris Yeltsin, for example, pushed through most of his political and economic reforms, including privatization, by using -- many would say abusing -- his extensive power to govern by decree.
That is why a knee-jerk, simplistic “Washington Consensus” prescription of more liberalization and privatization is inappropriate for the Arab world in 2012.
They skirted privatization because they made more money off the state.
This is attributable mainly to Angola, Botswana, and Namibia, owing to cyclical investment behavior in the petroleum and extraction industry, and to South Africa, where privatization and acquisitions activity have slowed.
For instance, in December 1998, the Russian utility giant Unified Energy System (now headed by the former privatization czar Anatoli Chubais) collected 20% of all payments in cash, but in May, this share had risen to 32%.
Privatization, market liberalization, the opening of closed professions, and government downsizing involve conflicts with powerful vested interests, such as businesses in protected industries, public-sector unions, or influential lobbies.
Fraudulent public expenditure cost 2.4% of GDP, siphoning off privatization proceeds amounted to almost 2.1% of GDP, and smuggling caused losses of more than 1.1% of GDP.
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