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Privatization| April 23 2012 | What is privatization??............................................................ | privatization| Contents 1. Origin 2. History 3. Definition 4. Types 5. Method 6. Advantages 7. Disadvantages 8. Role of government in privatization 9. Does India need privatization O rigin:- Edwards states that The Economist coined the status in the 1930s in covering Nazi German economic policy. The Oxford English Dictionary  notes usage dating from 1942 in Econ. Jan, 52, 398. H istory & Introduction:- Selling state- owned businesses to private investors. This policy was associated ab initio with Margaret Thatchers government in the 1980s, which privatized numerous companies, including humankind usefulness businesses such as British Telecom, British Gas, and electricity and piss companies. During the 1990s, privatization became a favorite policy of governments all over the world. thither were several reasons for the popularity of privatization. In some instances, the aim was to improve the procedure of humansly owned companies. Often nationalization had failed to achieve its goals and had incur increasingly associated with poor service to customers.

Sometimes privatization offered a track to raise new capital for the firm to invest in improving its service, money that was not available in the public sector because of constraints on public spending. Indeed, perhaps the main fondness of privatization to many politicians was that the proceeds from it could ease the pressure on the public purse. As a result, they could avoid (in the short-term) doing the more painful things required to improve the fiscal position, such as raising taxes or cutting public spending D efinition:- The transfer of ownership of  quality or businesses from a government to a privately owned entity. 2. The transition from a publicly traded and owned company to a company which is privately... If you want to get a full essay, raise it on our website: Ordercustompaper.com

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