PRIVATISATION | Privatization | State Owned Enterprise

I am opposedtothe political consequences that are likely to flow from pursuingprivatization as a solution to the difficulties of administeringdemocratic government.Privatization, as some advocates themselves point out, representsan effort to alter the conditions of political competition bybreaking up the coalitions supporting public provision and bypromoting more market-oriented political values.

of ownership of state-Owned Enterprises ..

the Russian government is considering a privatization drive of major state-owned enterprises.

with the privatization of state-owned enterprises ..

Privatizing state-owned firms promises to bringsomefiscal relief, particularly where the treasury has been heavilysubsidizing unprofitable enterprises.

State-owned enterprise - Wikipedia

Indeed, rather perversely, one could turn thewhole force of public choice analysis on privatization itself:Thelogic of concentrated benefits and diffuse costs makes italtogether likely that the diffuse efficiency gains ofprivatization will be sacrificed in the effort to satisfy the bigstakeholders--incumbent politicians and bureaucrats and theirallies and supporters.Politically inspired privatization is all the more likely becauseprivatization attracts support not only from economists with adisinterested belief in liberalized markets but also from aprivatization lobby consisting of investment banking firms,government contractors, and other corporations whose businessesstand to benefit if the public sector cedes ground.

Henrique Abranches reters to the same process as

Why Vietnam’s latest privatization push may succeed

Moreover, the performance of some state-owned enterprises--forexample, in Malaysia and France--has been excellent, and it issimply not true that as public sectors grow, rates of economicgrowth fall.60 To be sure, the record of central governmentplanning is dismal, but that experience cannot simply beextrapolated to all publicly owned organizations, particularly instates with more autonomous forms of public sector management.The property rights approach predicts politically imposedinefficiency on the basis of public ownership alone, but thevariety of public sectors and state-owned enterprises in theworldsuggests instead that performance may be contingent on politicalculture, the structure of the state, and public policy towardenterprises.

Privatization in China - San Jose State University

When governments underprice shares--as has beentheoverwhelming pattern in Britain--they may be seeking to ensurenotonly that privatization is successfully realized, but also thathappy shareholders have the opportunity to repay the governmentatthe next election.

Privatization in this sensediminishes the operational but not the fiscal or functionalsphereof government action.

The Nazi Heritage of Privatization | unsettling economics

It leaves open thepossibility that privatization may not actually result in lessgovernment spending and regulation--indeed, may even unexpectedlyincrease them.Several further points about my definition need clarification.

Privatizing State-Owned Enterprises in Vietnam: Government Dilemmas ..

Jul 27, 2016 · Russian Privatization: A Fresh Start

Like alcoholics unable to cut down except byquitting altogether, these governments may be unable to avoiddisrupting public enterprises, except by privatizing themaltogether.

Most of these investments will be made for privatization of state-owned assets, ..

The Meaning of Privatization - Princeton University

Privatization is a legitimate tool forsharpening the focus of government on those activities mostimportant to the general welfare, but it is never simplyefficiencythat is at stake in such decisions.B.