But why privatisation?
Experience worldwide has shown that public enterprises have failed to live up to expectations. They tend to consume a large proportion of national resources without discharging the...
What are the impact of privatisation on workforce and employment?
Indeed, with new investments in the privatized enterprises, better resource allocation, operational efficiencies, and better corporate governance are likely to pave the way for expansion...
Does privatisation lead to overall growth in the economy?
There are, of course, no guarantees but privatisation can be an important element for increasing the workforce in the long term. If private management functions on an efficient and...
What are the long-term benefits of privatisation on the economy and job creation efforts?
The sale of public enterprises would reduce the level of employment in the short-run, because of the elimination of excess labour. Unemployment, however, is expected to decrease in the...
What should be the essential role of the government in making privatisation work?
The government must devise sectoral policies that introduce competition and promote private sector development. It must establish and maintain a strong regulatory framework for the...
What are some of the benefits of privatisation to the economy and the society?
Privatisation is not an end in itself, but it is a key tool for improving the efficient allocation of resources, for mobilizing investment, and for stimulating private sector...