Privatization
in sentence
465 examples of Privatization in a sentence
People in the rich world think globalization resembles an implacably malignant force that snatches away well paying jobs and sends them to faraway places; people in developing countries think it ushers in a self-obsessed consumerist ethic on a train of corrupt
privatization
and environmental destruction.
Privatization
is often grudging, limited, or corrupt, with limited licenses given to insiders, again depriving the rest of the country of vitally needed services that would be privately financed.
To continue with the
privatization
of the natural monopolies that will give a criminal and corrupt elite another chance to fill their pockets, may require extinguishing even the vestiges of democracy that existed under Yeltsin, thus pushing Russia on the way to a “liberal dictatorship.”
Britain may or may not join the Euro, but the policies adopted by Labour – privatization, low budget deficits, low inflation, an independent central bank – are precisely those it would need if it did decide to join.
The legal charges against Khodorkovsky concern old
privatization
and tax evasion cases.
But the charges against Khodorkovsky are as flimsy as they are tendentious: the
privatization
case had been amicably settled previously, and Khodorkovsky has merely used tax avoidance schemes that are commonplace in Russia--and that have been upheld in court.
After all, any further sales of state-owned assets will be conducted through public equity markets, owing to the interest of the region’s policymakers in developing local capital markets and improving the transparency of the
privatization
process.
When China’s market transition started in 1979, Deng Xiaoping adopted a pragmatic, dual-track approach, rather than the “Washington Consensus” formula of rapid
privatization
and trade liberalization.
The Moscow elite - economic and political - supported by a large but not overwhelming layer of regional elites, which benefited mightily from "stakhanov" style shock privatization, wants stability and fears most of all a fight over a renewed redistribution of property.
For the groups which benefited from market reforms and privatization, Boris Yeltsin and Viktor Chernomyrdin remain the favorite candidates for next June's presidential race.
Saudi Arabia is now pursuing a major shift in its foreign, economic, and energy policies, exemplified by the impending
privatization
of a portion of Aramco, its national petroleum company, which is set to expand its refining capacity.
Politically connected businessmen, such as the Mexican telecoms tycoon Carlos Slim or LUKoil president Vagit Alekperov, used their influence to make fortunes through resource extraction, state-protected monopolies, or
privatization
of government property.
The new plan’s details reveal continued reliance on investment, including public housing, to support growth, rather than faster currency appreciation, substantial fiscal transfers to households, taxation and/or
privatization
of state-owned enterprises (SOEs), liberalization of the household registration (hukou) system, or an easing of financial repression.
Indeed, although he has made some small improvements in regulation, privatization, and cash transfers to the poor, bolder land and labor-market reforms remain elusive.
Foshan’s municipal government, which was among the first to experiment with township and village enterprises and
privatization
in the early 1980s, has played an important role in buoying private enterprise.
One trick is
privatization
of government enterprises, which reduces the budget deficit in a given year on a one-time basis, but might increase the deficit in the long run if the enterprise had been profitable.
Believing FEMA to be an “oversized entitlement program” and that the “business of government is not to provide services,” Bush’s first FEMA director instituted new outsourcing requirements as part of a major
privatization
effort.
Ideologies of
privatization
that incapacitate effective government, permitting the privileged to save themselves while leaving the poor clinging to roofs, must now be challenged.
Moreover, it has proven unable to speed the pace of
privatization
(which would add to government revenue), partly due to barriers thrown up by India's bureaucracy.
If India is to maintain the faster growth it achieved over the past decade, it must get its fiscal house in order by cutting government expenditures on consumption and speeding up
privatization.
Indeed,
privatization
of major public-sector behemoths is no longer mentioned.
The problem is that the reforms needed to achieve such growth – fighting corruption, protecting property rights, privatization, and integration into the global economy – directly threaten the elite’s ability to hold on to power and extract rents.
Privatization
began much later in Ukraine.
Conversely, Ukraine is ahead of Belarus, which has still not undertaken serious liberalization or
privatization.
As for sub-Saharan Africa, the "Washington Consensus" - economic liberalization, deregulation of capital movements, suppression of subsidies, and
privatization
- runs against the very policies needed to promote political improvements, a stable macroeconomic environment, enlarged financial markets, and lower debt overhang.
The Bank also pushed for
privatization
of national health systems, water utilities, and road and power networks, and grossly underfinanced these critical sectors.
In fact, official documents have now even started questioning the legitimacy of the
privatization
of the leading Russian companies in the 1990’s, which has opened the way for discussions about revising the outcomes of these privatizations.
Yet, as workers and unions step up their protests against privatization, market reforms, inflation, corruption or unemployment they seem to forget the taxes they withhold daily from state or local councils.
Critics point to the string of economic crises in Africa, Asia, and Latin America in recent years, often attributing them to multilateral lenders' demands for full liberalization of foreign trade and capital flows, privatization, and fiscal austerity.
Despite ten years of
privatization
programs, deepening trade liberalization, and state apparatuses cut to one-third of their former size in many countries, growth rates failed to deliver the desired social benefits.
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