privatization of state assets
Privatization of state assets refers to the transfer of government-owned or controlled resources, enterprises, or properties into private ownership or management. It involves transitioning from public control to private ownership, often through the sale, lease, or transfer of assets, with the aim of increasing efficiency, promoting competition, and reducing the role of the state in certain economic sectors.
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Related Concepts (21)
- asset divestiture
- austerity measures
- capital markets
- economic development
- economic efficiency
- economic liberalization
- energy sector
- foreign direct investment
- free market capitalism
- government accountability
- government corruption
- infrastructure development
- market deregulation
- nationalization
- political ideologies
- public finance
- public services
- public-private partnerships
- state-owned enterprises
- telecommunications industry
- wealth distribution
Similar Concepts
- asset privatization
- privatization of energy sector
- privatization of healthcare
- privatization of infrastructure
- privatization of military services
- privatization of natural resources
- privatization of pensions
- privatization of print media outlets
- privatization of prisons
- privatization of public goods
- privatization of public housing
- privatization of public transit
- privatization of social security
- privatization of transportation
- privatization of waste management