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Title: Political Realism: Machiavelli
Essay Details
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Social Issues |
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| Date: |
January 2, 2007 |
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| Length: |
6 / 1619 |
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WHAT DOES "SUCCESSFUL" PRIVATIZATION MEAN?
When we talk about the success or failure of privatization, we need to decide first which factors to take into account to analyze the process and the fate of companies that are the offspring of privatization... Showed first 250 characters
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The following factors could be used to measure the "success" of privatization: 1) Profitability improvement; 2) Consumer benefit, access and reach; 3) Efficiency of operations and allocation of resources; 4) Income and wealth redistribution.
3. PRIVATIZATION IS NOT UNAMBIGUOUSLY SUCCESSFUL IN DEVELOPING COUNTRIES
Empirical research is inadequate
Research on the impact of privatization on financial and operating performance, labour, fiscal balances and distributional equity largely confirms the view that privatization can be beneficial for firms operating in a competitive market structure in middle-income countries... Showed next 250 characters
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