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The same way they always have, by robbing the citizens who have financed the service or goods in question, and giving a virtual monopoly to a politician's cronies, so that they may then charge the citizens exhorbitant prices for goods or services that they initially financed the discovery or development of. Great work, if you can get it.
What else can I help you with?
What is a transition economy?
A transition economy or transitional economy is an economy which is undergoing structural changes, changing from one type of economic system to another type.Transition economies usually refer to economies undergoing a transition from a centrally planned economy to a market economy. These type of economies undergo economic liberalization (introducing market forces for prices), economic restructuring, privatization of state enterprises, and the creation of a financial sector (which takes the role of the dismantled planning system).A transition economy may also refer to a long term process of building socialism, in which a capitalist economy undergoes rapid development with the eventual goal of establishing a socialist economic system. Today countries such as Cuba and Vietnam are still officially undergoing transition from rural economies or mixed economies to socialism (in Vietnam the system is officially called "socialist-oriented market economy").
What is meant by transition economies?
The economies which are converting from social market system to capital market system
What are the features of privatization in modern world business?
Features of privatization
Main reasons for privatization?
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.
What is the types of privatization?
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What has the author D Willer written?
D Willer has written: 'The development of equity capital markets in transition economies' -- subject(s): Privatization, Stockholders, Capital investments, Capital market
What agency is under privatization?
The Inter-Department of Individual Ownership and Transition. or IDIOT
What is a transition economy?
A transition economy or transitional economy is an economy which is undergoing structural changes, changing from one type of economic system to another type.Transition economies usually refer to economies undergoing a transition from a centrally planned economy to a market economy. These type of economies undergo economic liberalization (introducing market forces for prices), economic restructuring, privatization of state enterprises, and the creation of a financial sector (which takes the role of the dismantled planning system).A transition economy may also refer to a long term process of building socialism, in which a capitalist economy undergoes rapid development with the eventual goal of establishing a socialist economic system. Today countries such as Cuba and Vietnam are still officially undergoing transition from rural economies or mixed economies to socialism (in Vietnam the system is officially called "socialist-oriented market economy").
What is meant by transition economies?
The economies which are converting from social market system to capital market system
What has the author Guido Friebel written?
Guido Friebel has written: 'Insider privatization and careers - a study of a russian firm in transition'
What has the author Beat Haenni written?
Beat Haenni has written: 'Trade finance in transition economies'
What has the author Bahaudin Mujtaba written?
Bahaudin Mujtaba has written: 'Afghanistan' -- subject(s): Economic conditions, Politics and government 'Privatization and Market-Based Leadership in Developing Economies'
Which society is currently in a transition phase from agrarian to industrial?
Many societies in developing countries are currently in a transition phase from agrarian to industrial economies. Countries such as India, China, and various African nations are experiencing rapid industrialization and urbanization as they shift from agricultural-based economies to manufacturing and service-based industries.
What are the reasons for privatization in Pakistan?
what are the reasons for the privatization in Pakistan
What has the author K Liuhto written?
K. Liuhto has written: 'Lear ning new production criteria in transition economies'
Why did privatization start in India?
Privatization means shifting of public ownership to private or personal. Before privatization came into being in India...Everything was under government control. Every sector, every field was under public ownership. As time passed by the country started to grow..started to develop even more...and that was a load that was sort of getting heavier on the shoulders of our the then government. It was getting difficult for the Indian Government to handle and maintain the smooth functioning. Hence inorder to curb that the government allowed privatization to be started in India
What has the author Andrei Schleifer written?
Andrei Schleifer has written: 'The economics and politics of transition to an open market economy' -- subject(s): Economic stabilization, Privatization, Economic conditions
