Privatization Is A Process That Is Frequently Research Paper

PAGES
2
WORDS
660
Cite

Privatization is a process that is frequently met in countries with developed market competition. It is used by governments in order to transfer some of the state owned assets or services to private investors. The process of privatization has its advantages and its disadvantages. In my opinion the process of privatization should be viewed from extreme points-of-view. In other words, we should not view privatization as either good or bad. I think some business sectors should be privatized (Investopedia, 2013). This is the case of the telecommunications industry. If such industries are privatized, numerous providers and sellers will enter the market. The increased competition in such industries determines lower prices and more options for buyers. However, other sectors, like healthcare should not be privatized. This is because in such cases the government would not have any control on healthcare. Social security issues must be managed by the state.

The process of privatization seems like a good idea in most cases. In an article posted in the Financial...

...

The issue in this case is not that these state owned enterprises are not profitable. The issue is that they are not profitable enough. Different analyses have revealed the fact that if privatized, these businesses can increase their profits. However, this does not seem to be a good enough reason for the Canadian government to privatize them. In my opinion, such businesses should be privatized because they could increase their profits, which means the income taxes collected by the government are likely to increase.
In addition to this, privatization can determine job losses. This is the case of UK, where the privatization of the coal and steel industries has impoverished important regions of the country. However, this does not mean that these industries should not have been privatized. This means that the government should have played a more…

Sources Used in Documents:

Reference list:

1. Privatization a Good Thing? Absolutely (2013). Financial Post. Retrieved October 28, 2013 from http://www.financialpost.com/scripts/story.html?id=7a9f44e7-cc79-4189-8efc-6b9278a81be4&k=63137.

2. Kirby, H. (2013). Privatization: the Good, the Bad, and the Ugly. The Guardian. Retrieved October 28, 2013 from http://www.theguardian.com/politics/2013/apr/12/privatisation-good-bad-ugly.

3. Ravitch, D. (2013). Mitch McConnell Explains Why Privatization is Good for You. Retrieved October 28, 2013 from http://dianeravitch.net/2013/07/30/mitch-mcconnell-explains-why-privatization-is-good-for-you/.

4. Weizsacker, E. et al. (2005). Limits to Privatization: How to Avoid too Much of a Good Thing. Retrieved October 28, 2013 from http://www.polsoz.fu-berlin.de/polwiss/forschung/international/atasp/publikationen/2_monografien_sammelbaende/96/index.html.
5. Privatization (2013). Investopedia. Retrieved October 28, 2013 from http://www.investopedia.com/terms/p/privatization.asp.


Cite this Document:

"Privatization Is A Process That Is Frequently" (2013, October 28) Retrieved April 19, 2024, from
https://www.paperdue.com/essay/privatization-is-a-process-that-is-frequently-125779

"Privatization Is A Process That Is Frequently" 28 October 2013. Web.19 April. 2024. <
https://www.paperdue.com/essay/privatization-is-a-process-that-is-frequently-125779>

"Privatization Is A Process That Is Frequently", 28 October 2013, Accessed.19 April. 2024,
https://www.paperdue.com/essay/privatization-is-a-process-that-is-frequently-125779

Related Documents

Privatization of Healthcare Services in China Since 1980s Empirical Analysis related to Primary level Changes Insurance Financing Policy Data Presentation, Observations and Analysis Obstacles faced by Private Clinics Future Outlook China opened its door to the outside world and introduced economic reforms in 1980 with a shift from a controlled central economy to an open and market oriented economy. This project takes on the task of investigating the Chinese privatization of healthcare sector with special emphasis on private

Four years later, the average federal drug sentence for African-Americans was 49% higher." (Vagins and McCurdy, 2006) Additionally stated by Vagins and McCurdy is: "In 2000 there were more African-American men in prison and jails than there were in higher education, leading scholars to conclude that our crime policies are a major contributor to the disruption of the African-American family. The effects of mandatory minimums not only contribute to

Privatization is the use of the private sector in government management and delivery of public services. Contracting out services predates the Constitution. In fact, in the early nineteenth century, some "inherently" governmental functions such as tax collection, mail delivery, and spying were performed by private contractors. Throughout the twentieth century, the government has continued to rely on contractors. The Clinton administration, under the 1998 Federal Activities Reform Act, required federal agencies

Outsourcing Process Analysis Outsourcing Weapons Registration in West Australia Licensing Services Division West Australia Police Encl. This paper will examine the practicality and mechanics of outsourcing the weapons registration of the West Australia. In the paper, we will examine models of managing the outsourcing of public services in West Australia that have been implemented. The proposed outsourcing scheme to implement the 2009 firearms registration process in West Australia is a hybrid plan and is based

human service professional in the helping process has many dimensions. One of the most important of these, according to Murphy and Dillon (2012) is the ethical aspect, because "ethical codes stress the primacy of the service obligation to the client, confidentiality, integrity, and follow-through." The needs of the client should be the primary concern of the human service professional, which is why years of training and practice are required

Naturally, this improves profitability for private enterprises but simultaneously shrinks the American production and labor economies. This is the type of stifling of growth that has contributed significantly to the current state of recession gripping the United States. Globalization makes as its underlying presumption the assertion that by reducing barriers to economic integration across international borders, the world community is creating a vehicle to a more equal distribution of wealth.