Global Privatization and Its Impact

✍ Scribed by Ingrid J. Hagen; Thea S. Halvorsen

Publisher: Nova Science Publishers, Incorporated
Year: 2008
Tongue: English
Leaves: 160
Edition: 1
Category: Library

No coin nor oath required. For personal study only.

✦ Synopsis

In recent years, the economic policy of privatization, which is defined as the transfer of property or responsibility from public sector to private sector, is one of the global phenomenon that increases use of markets to allocate resources. One important motivation for privatization is to help develop factor and product markets, as well as security markets. Progress in privatization is correlated with improvements in perceived political and investment risk. Many emerging countries have gradually reduced their political risks during the course of sustained privatization. In fact, most risk resolution seems to take place as privatization proceeds to its later stage. Alternative benefits of privatization are improved risk sharing and increased liquidity and activity of the market. One of the main methods to develop privatization is entering a new stock to the markets for arising competition. This book provides leading edge research on this field from around the globe.

✦ Subjects

Privatization. ; Economic policy. ; International economic relations. ; Competition. ; Globalization -- Economic aspects.

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