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what are the reasons for the privatization in Pakistan
what do you understand by the terms privatization and commercialization in nigeria
Features of privatization
privatization motives are the following : efficiency, receipts and the rationalism
merits and demerits of privatization of VSNL
the privatization changed ejido by d
Mohammad Ishaq Dar is the Minister of Privatization for Pakistan.
One of the reasons for privatization is to ensure that a firm or organization gets better management. Privatization may also be one way to improve on profits.
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Aston Peterson Kajara is the Minister of State for Privatization for Uganda.
Some potential problems with privatization, commercialization, and deregulation include reduced government oversight leading to inadequate regulation and enforcement, potential loss of public control over essential services or resources, and increased inequality or monopolistic behavior in the marketplace. These policies can also sometimes prioritize profit over the public good, leading to negative impacts on society or the environment.
Privatization can be good if it eliminates the need for government monetary contributions to a governmental entity. An example would be the privatization of the United States Postal Service in the 1970's. Privatization can be bad if it raises the cost of goods or services to a rate which the consumer cannot possibly afford. An example of this would be the privatization of Bolivian water treatment plants in this decade.