privatizations
Government asset sales
Privatizations are instances of transferring ownership or control of a business, industry, or service from the public sector to private ownership.
The term typically appears in discussions of economic policy, where governments sell state-owned enterprises to private investors or corporations.
The privatizations of the 1980s transformed Britain's economy.
Critics and supporters debate whether privatizations improve efficiency or simply shift public assets into fewer hands.
Removing governmental business restrictions
- liberalizationReducing state economic controls
- marketVenue for trade
- reformsCorrective institutional changes
- efficiencyProductive without waste
competition · capitalism · neoliberalism · austerity · restructuring · divestiture · denationalization · corporatization
Straw roof maker
- ReaganAmerican presidential surname
- IMFGlobal economic assistance organization
- World BankGlobal development finance institution
- ideologyStructured belief framework
policy · legislation · mandate · opposition · protests · unions · controversy · debate
After 1991 dissolution
- Eastern BlocUSSR-aligned European nations
- vouchersRedeemable credit documents
- oligarchyRule by few
- shock therapyElectric psychiatric treatment
Poland · Russia · Czech · Hungary · restitution · auctions · insiders · transformation
Essential infrastructure services
- railwaysFixed-track transport systems
- telecommunicationsRemote signal transmission technology
- airlinesCommercial flight operators
- healthcareOrganized provision of treatment
prisons · water · electricity · postal · broadcasting · mining · steel · banking
Formally presents or offers
- auctionsCompetitive public sales
- IPOsFirst public share sales
- flotationAbility to stay afloat
- underwritingRisk evaluation and acceptance
valuation · due diligence · bidders · contracts · concessions · leases · franchises · licensing
deregulation
Removing governmental business restrictions
- liberalizationReducing state economic controls
- marketVenue for trade
- reformsCorrective institutional changes
efficiency · competition · capitalism · neoliberalism · austerity · restructuring · divestiture · denationalization · corporatization · monetization
Thatcher
Straw roof maker
- ReaganAmerican presidential surname
- IMFGlobal economic assistance organization
- World BankGlobal development finance institution
ideology · policy · legislation · mandate · opposition · protests · unions · controversy · debate · sovereignty
post-Soviet
After 1991 dissolution
- Eastern BlocUSSR-aligned European nations
- vouchersRedeemable credit documents
- oligarchyRule by few
shock therapy · Poland · Russia · Czech · Hungary · restitution · auctions · insiders · transformation · transition
utilities
Essential infrastructure services
- railwaysFixed-track transport systems
- telecommunicationsRemote signal transmission technology
- airlinesCommercial flight operators
healthcare · prisons · water · electricity · postal · broadcasting · mining · steel · banking · insurance
tenders
Formally presents or offers
underwriting · valuation · due diligence · bidders · contracts · concessions · leases · franchises · licensing · negotiations
privatizationsnationalizations
State seizure of assets
socialization · nationalisations · nationalization · collectivization · expropriation
privatizationspublic ownership
State-held property or enterprise
state ownership · socialism · collectivism · statism · communism
- prison privatizationCommercial operation of jails
- healthcare privatizationShifting medicine to private sector