Noun

Singular privatization

Plural privatizations

privatization (plural privatizations)

  1. The transfer of a company or organization from government to private ownership and control.

Related terms

Antonyms

From Wiktionary under the GNU Free Documentation License.
Sat Jul 11 17:21:43 2009

Privatization is the incidence or process of transferring ownership of a business, enterprise, agency or public service from the public sector (government) to the private sector (business). In a broader sense, privatization refers to transfer of any government function to the private sector including governmental functions like revenue collection and law enforcement.

The term "Privatization" also has been used to describe two unrelated transactions. The first is a buyout, by the majority owner, of all shares of a public corporation or holding company's stock, privatizing a publicly traded stock. The second is a demutualization of a mutual organization or cooperative to form a joint stock company.

Origin of the term

It has been claimed that the term was first used in the 1930s by The Economist in covering Nazi German economic policy.

From Wikipedia under the GNU Free Documentation License
Mon Jul 6 18:27:33 2009

What are the benefits of privatization in developing countries?
Q. How does it improve economic growth of a country. Why it is more advantageous to apply privatization in developing countries rather than developed countries. Can anyone explain in simple language, i am new in economics field.
Asked by Rip Van W - Wed Oct 31 07:13:49 2007 - - 2 Answers - 0 Comments

A. Welcome to the union. In developing countries the government is not efficient enough to offer certain good and services, the consequence is that the society does not receive it. One measure to solve the problem is to sell public companies to the private sector. The process of sell this companies is crucial because most of the time the new private company is not efficient too. In the developed countries the government can reach a level of efficient when the society receive the goods and service provide by it, so there is not the necessity to sell a public company to the private sector.
Answered by CSI - Economics - Wed Oct 31 07:25:45 2007

What are some examples of privatization today or in recent history?
Q. I'd like some examples of how privatization has benefited our society. The more impact they have the better!
Asked by asourapple100 - Thu Sep 25 00:26:19 2008 - - 1 Answers - 0 Comments

A. privatization of telecommunications industry, and even part of the R&D of Military equipment. Privatization enables the producers to become more efficient since they are profit motivated and will produce at the lowest cost possible and offer a lower price to consumers than should a government produce the same good.
Answered by reminiscence - Thu Sep 25 01:55:48 2008

Considering the current state of the economy is privatization of Social Security a good idea?
Q. How many would be invested in companies like Bear Sterns...or Carlyle or even Blackstone (all losing lots of money right now and BS sold for a measly 2.00 a share) ? If you are a supporter of privatization does the current state of the ecomony give you pause for concern? That should be "partial privatization"..oops. The largest slice of the Federal budget goes to Social Security, that's not including medicare and the new prescription drug plan.
Asked by RunLolaRun - Mon Mar 17 19:26:40 2008 - - 5 Answers - 0 Comments

A. Absolutely not. Social Security should remain as it with appropriate revisions for future continued solvency. There should also be an absolute prohibition against any continuing borrowing from the current Social Security funds.
Answered by tribeca_belle - Mon Mar 17 19:37:21 2008

From Yahoo Answer Search: "privatization"
Sun Jul 5 14:13:19 2009

The financial meltdown could drive privatization - Sunday Standard
news.google.com
The financial meltdown could drive privatization

Sunday Standard

by Abel W Modimo The first path is to realistically introspect to find answers to nagging questions of why privatisation has stalled. ...
Buyer or seller's market? - Chicago Reader
news.google.com
Buyer or seller's market?

Chicago Reader

(3) A week ago the Texas state legislature declined to let Governor Rick Perry proceed with his plans for more road privatization deals there, ...
Muharraq SewageTreatment Plant, first for sanitary engineering ... - AME Info
news.google.com
Muharraq SewageTreatment Plant, first for sanitary engineering ...

AME Info

An overwhelming response to Bahrain's first sanitary engineering privatization project was witnessed today with approximately 100 representatives from 12 ...

From Google News Search: "privatization"
Fri Jul 10 10:23:22 2009

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jpm.rs
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winne.com
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Peruvian Congressman Arturo Valderrama left interrupts the controversial auction of two state owned electricity companies in Lima Peru Friday June 14 Energy and Mines Minister Jaime

From Yahoo Image Search: "privatization"
Fri Jul 24 18:15:21 2009

Blue Indiana:: FSSA privatization to be canceled by this fall?
blueindiana.net
Blue Indiana:: FSSA privatization to be canceled by this fall?

Thomas

ue, 07 Jul 2009 17:13:48 GM

FSSA . privatization. to be canceled by this fall? | 1 comments. All logos and trademarks in this site are property of their respective owner. The comments are property of their posters, and all other site content may be used for any ...

Paterson Endorses (Some) Privatization | The New York Observer
observer.com
Paterson Endorses (Some) Privatization | The New York Observer

unknown

Mon, 01 Jun 2009 17:11:51 GM

In case there was any doubt, New York State will not be saved by . privatization. .Governor Paterson on Monday released the findings of his New York State Commission on Asset Maximization, an 86-page document that calls for a series of ...

End Of The Infrastructure Privatization Craze | Planetizen
planetizen.com
End Of The Infrastructure Privatization Craze | Planetizen

Irvin Dawid

Mon, 08 Jun 2009 17:00:00 GM

Postmortems into that failed effort show that . privatization. advocates vastly underestimated the political opposition the deal would stir up in the Pennsylvania legislature. Late last month plans to . privatize. Alligator Alley, a 78-mile ...

From Google Blog Search: "privatization"
Tue Jul 14 15:43:06 2009