• One of the many highlights of the Union Budget for 2021-22 was the bold resolve of the government to push for an aggressive privatization policy of public sector enterprises (PSEs), which would seek to unlock their potential to create wealth in India's economy. (livemint.com)
  • We were also told that the National Pensions Reserve Fund, on the directions of the Government, invests billions of euro in private industries throughout the world including, shamefully, in the armaments industries and big tobacco 'killer' industries yet it will not be asked to invest in the socially useful underpinning of the national airline. (socialistworld.net)
  • Objectives The International Monetary Fund encourages privatization of state-owned tobacco industries. (who.int)
  • We explored how investment by British American Tobacco (BAT) influenced tax policy in Uzbekistan during privatization there. (who.int)
  • Conclusions Privatization can endanger effective tobacco excise policies. (who.int)
  • Tobacco industry--economics--trends. (who.int)
  • The AG's bottom line assessment is pretty harsh: "Privatization spawned inefficiency, incompetence and increased costs. (workerscompinsider.com)
  • The privatisation took place within the framework of the reform and development program of the alcohol industry for 2020-2023, approved by the Cabinet of Ministers of Ukraine. (avellum.com)
  • An exploration of the merits of privatization in the Economic Survey 2019-20 also affirmed better performance by privatized central PSEs, on an average, than their peers in terms of their net worth, net profit, return on assets (RoA), return on equity (RoE), gross revenue, net profit margin, sales growth and gross profit per employee. (livemint.com)
  • When it comes to the privatisation of public assets, Fianna Fáil and the Progressive Democrats have shown themselves to be the Podge and Rodge of Irish politics, reinforcing one another's ideological banalities and prejudices and the backbenchers, like their audience, do not know whether they should laugh or squirm in embarrassment. (socialistworld.net)
  • A Privatization of Water Services in England and Wales The transfer of nearly all of the water supply and wastewater-related assets in England and Wales, serving some 50 million people, from public to private ownership in 1989 represents the largest and highest level of privatization in the world. (nationalacademies.org)
  • As state assets represent 40 percent of Kazakhstan's GDP, privatization is expected to create a need for billions of dollars in foreign investment. (thediplomat.com)
  • It is demonstrated that if the two firms have symmetric technologies with increasing marginal extraction costs and the same resource stocks, then neither full nationalization of any of the two firms nor full privatization will be socially desirable. (hse.ru)
  • For asymmetric cost case, when the public firm is less efficient than the private firm, we derive the conditions under which full nationalization or full privatization is optimal. (hse.ru)
  • Nationalization, Centralization and Privatization of Industries: Definition, Reasons And Disadvantages. (itsmyschoollibrary.com)
  • In the early and mid 1990s Russian President Boris Yeltsin launched an ambitious privatization program. (factsanddetails.com)
  • Kazakhstan's plan to privatize its state industries is ambitious, but it faces some major barriers. (thediplomat.com)
  • While the privatization initiative was welcomed at first as an ambitious maneuver to breathe new life into the struggling Kazakh economy, there are a number of significant political risks, economic barriers, and corruption-related issues that must be addressed before it can become a viable opportunity. (thediplomat.com)
  • Thus, partial privatization is optimal even under exogenously fixed total outputs of each firm. (hse.ru)
  • On 14 June, the Ethiopian government kick-started the tendering process for the future partial privatisation of the state-owned telephone operator Ethio Telecom. (africaintelligence.com)
  • Ljubljana, 2 March - Daily Delo addresses the crisis in the Slovenian gaming industry on Tuesday, arguing that government plans for liberalisation should focus less on ownership and more on tax policy. (sta.si)
  • he paper proposes a two-stage mixed duopoly model of exhaustible resource market where at the first stage the government decides on the degree of privatization of public firm and at the second stage the public and private firms decide simultaneously on the two-period extraction paths. (hse.ru)
  • The privatization of water and sanitation services in Argentina between 1991 and 1999 under the government of Carlos Menem was part of one of the world's largest privatization programs. (wikipedia.org)
  • Encouragingly, the government has shown its resolve to go big on PSE stake sales this time around by clearing the decks for implementation of India's new Disinvestment Policy, which provides a clear roadmap for the disinvestment and privatization of PSEs in non-strategic as well as strategic sectors. (livemint.com)
  • Besides, given the need to enhance the economy's overall productivity, which is critical for it to grow at high rates on a sustained basis, the assertive stance of the government on privatization could not have come at a more opportune time. (livemint.com)
  • In fact, government officials have been at work in collaboration with the Niti Aayog for months now, drawing up a privatization strategy. (livemint.com)
  • However, to enable better monitoring of India's privatization/disinvestment targets, it is advisable that apart from these 31 PSEs, the government draws up a list of other PSEs in which it intends to bring down its share of ownership below 51%, or disinvest fully, in advance. (livemint.com)
  • In other words, nationalisation is the process by which the government takes over the ownership and management of an industry from private control, by bringing it under its exclusive control. (itsmyschoollibrary.com)
  • For an industry to perform effectively and efficiently, it may need large capital which can only be provided by the government. (itsmyschoollibrary.com)
  • Private initiatives can be destroyed when government takes over all or few industries. (itsmyschoollibrary.com)
  • Privatisation on the other hand is a policy designed to enable individuals and private or corporate organisations take over the ownership and control of government businesses such as public companies and corporations. (itsmyschoollibrary.com)
  • For Chime, the once booming industry has become a shadow of itself following the privatization policy of the federal government in 1999. (rcdij.org)
  • In an attempt to revamp the industry, the Nigerian government signed an agreement with Kopex, a Polish company based in Warsaw to take over mining and boost productions with the NCC playing supervisory roles. (rcdij.org)
  • Russian government-owned oil company Rosneft is staging a transatlantic pitch for PA support as it prepares for privatisation. (prweek.com)
  • Those who are not yet convinced that government is vastly less efficient than private enterprise should closely examine the nation's transit industry. (masterresource.org)
  • Will he agree that as the financial experts of the Government say, privatisation would realise only approximately €400 million, the price of a mere four aeroplanes? (socialistworld.net)
  • Ángel Figueroa Jaramillo, president of the Puerto Rico Electric and Irrigation Industry Workers Union (UTIER), addressed a rally outside the building of the now-privatized government electric authority PREPA. (labornotes.org)
  • Our union, UTIER-the Puerto Rico Electric and Irrigation Industry Workers Union-has been fighting for months against the disastrous contract that the Puerto Rican government signed with LUMA to operate our electricity grid for the next 15 years. (labornotes.org)
  • Privatization has already cost the government of Puerto Rico $750 million just to fund the reserve accounts required under the contract. (labornotes.org)
  • The Government of China has stated that it will encourage investment in the following industries or sectors: high technology, production of equipment or new materials, the service sector, recycling, clean production, the use of renewable energies and environmental protection. (eoi.es)
  • Moreover, the Government has indicated that it plans to restrict foreign investment in resource-intensive and highly-polluting industries. (eoi.es)
  • Miguel Frasquilho, an economist and former TAP chairman, said the privatisation of the national carrier, which the government hoped to start this year, will be suspended and 'it will only be able to proceed with a new government' exercising full powers. (yahoo.com)
  • The harsh restructuring imposed to make the company profitable and sustainable is now bearing fruit and the government should not rush its privatisation,' he said. (yahoo.com)
  • In October 2015, the government of Kazakhstan announced the largest privatization of state-owned companies since the country became independent in 1991. (thediplomat.com)
  • More recently the government has been experimenting with increasing public participation in these industries, with the most recent attempt occurring in 2012. (thediplomat.com)
  • BACKGROUND: Public health scholarship has uncovered a wide range of strategies used by industry actors to promote their products and influence government regulation. (bvsalud.org)
  • CONCLUSION: The analysis presents a matrix of NGO strategies used to target commercial and government actors across a range of industry sectors. (bvsalud.org)
  • Another negative impact on the industry was when the then Electricity Corporation of Nigeria began converting its power generation equipment from coal to diesel and gas. (rcdij.org)
  • Privatisation of the electricity industry in the UK: a model for China's power sector? (andrewsspeed.com)
  • British Library EThOS: Essays in the regulation of the English electricity supply industry. (bl.uk)
  • The people and workers of Puerto Rico are suffering the consequences of the privatization of our electricity system, which has been handed over to a new company, LUMA Energy, a subsidiary of Houston-based Quanta Services and Canadian firm ATCO. (labornotes.org)
  • privatisation of public companies contributes to the reduction of public debt, as well as to the reduction of subsidies, other transfers or state guarantees to state- owned enterprises. (tni.org)
  • In other words, privatisation would help countries pay back their debt, would improve the state-owned companies' efficiency and effectiveness, and therefore would boost economic growth. (tni.org)
  • First Boston International announced the privatization of the state-owned Israel Chemicals Ltd. (ICL), a highly integrated company. (cdc.gov)
  • In conclusion, the analysis has shown that the ICT and electronics industry has potential in Ethiopia, with a presence already emerging in selected segments. (worldbank.org)
  • Section sixth covers the challenges that lie ahead for this-project---potential setbacks that will affect not only the consolidation and growth of the textiles and apparel industry in Ethiopia, but also the government's vision of becoming the "manufacturing powerhouse of Africa. (worldbank.org)
  • Caretaker Minister for Privatization Fawad Hasan Fawad chaired a meeting with different stakeholders regarding the restructuring of Pakistan International Airlines (PIA) leading to a privatization process. (com.pk)
  • During the meeting headed by Minister for Privatization Fawad Hasan Fawad "clear timelines regarding the process were agreed with a view to meet the target set by the Prime Minister and the Cabinet. (com.pk)
  • A few days ago, Caretaker Prime Minister Anwaar ul Haq Kakar directed Minister for Privatization Fawad Hasan Fawad to oversee the process of privatization of Pakistan International Airlines (PIA) and complete it on a fast-track basis. (com.pk)
  • During the meeting, the prime minister was briefed on the progress of the privatization process of PIA. (com.pk)
  • A set of new resolutions has been presented by the Hellenic Republic Asset Development Fund (HRADF) with an aim to speed up and boost the privatization process in Greece. (latestbingobonuses.com)
  • The project examined the relationship between employment, productivity and quality of public services undergoing a process of privatisation in six European countries and concluded that it "promoted a model of competition that is largely based on the reduction of wage costs and not on the improvement of quality and innovation. (tni.org)
  • At a time when there is an urgent need to raise resources to fund spending on an economy that is recuperating from the covid pandemic, the money garnered from the privatization process would come in handy. (livemint.com)
  • The Postal Privatization Commission deserves credit for its efforts to date to ensure transparency in its role in the privatization process," ACLI President Frank Keating says in a statement about the commission's findings. (thinkadvisor.com)
  • A growth pole can be used to nurture direct and indirect linkages from the flagship industry to supporting sectors, which vastly expands the employment generation potential of new investments in said flagship industry. (worldbank.org)
  • After Regulation Fair Disclosure, firm managers shift from privately disclosing firm-specific information to industry information, which is responsible for connected analysts' continued (albeit smaller) information advantage. (ssrn.com)
  • This is the real meaning of privatisation of "internal and external security operations", as well as all activities which are the responsibility of the state be it health or housing and social security, be it energy and industry and agriculture. (directdemocracy4u.uk)
  • Earlier, in September, the Ministry of Economy of Serbia announced that Dutch bus manufacturer VDL would become a partner of Ikarbus after the termination of the sales contract with the Russian partner and the transfer of the management of that Zemun-based company to the Privatization Agency. (serbia-business.eu)
  • When the leftist party Syriza came to power in Greece in 2015, it promised to revise the crisis-hit country's unpopular privatisation programme. (tni.org)
  • The real causes of the banking crisis were the deregulation of the financial system, the privatisation of public services including public banks and the growing inequality and widening gap between the rich and the rest of us so well symbolized by the We are the 99% movement in the US. (corporateeurope.org)
  • Nationalisation of an industry helps to check exploitation by foreign businessmen. (itsmyschoollibrary.com)
  • With Labour's manifesto pledging to nationalise or renationalise several industries, the nationalisation vs privatisation debate is back on the agenda once again. (yougov.co.uk)
  • A new YouGov survey asks about nationalisation vs privatisation on 13 different industries and companies: our most extensive list to date. (yougov.co.uk)
  • While support for nationalisation drops off beyond these services, state ownership is still the preferred option for a majority of people across most of the industries we asked about. (yougov.co.uk)
  • Whether someone supports nationalisation or privatisation has been a stereotypical indicator of party allegiance for decades now, with Labour being seen as supporters of nationalisation and Tories being seen as supporters of privatisation. (yougov.co.uk)
  • LFF caught up with Tom Morton, We Own It lead campaigner, to discuss how the privatisation of Channel 4 poses a threat to independent producers and risks making the broadcaster more London-centric. (leftfootforward.org)
  • ISLAMABAD: Finance Minister, Senator Shaukat Tarin reportedly grilled Managing Director, Sui Southern Gas Company (SSGC) for delaying the issue of No Objection Certificate (NOC) to Pakistan Steel Mills Corporation (PSMC) to be submitted to SECP for approval of Scheme of Arrangement (SoA), sources close to Secretary Privatisation Commission told Business Recorder . (brecorder.com)
  • In this paper we analyze the organization of bus network and discuss the characteristics of modeling the competition between fi rms in the bus industry. (hse.ru)
  • A list of basic principles in Japan's postal privatization law "requires Japan to implement measures to ensure equivalent conditions of competition [between the privatized entities] and other companies engaged in like business organizations," coalition officials write in the letter. (thinkadvisor.com)
  • A review of New Mexico's entry into prison privatization reveals how such political graft greases the wheel, beginning when former Gov. Gary Johnson (R) announced private companies would start managing state prisons. (prisonlegalnews.org)
  • Eircom [Irish telecommunications industry] involved an orgy of asset stripping and speculation, with huge detriment to investment in that industry. (socialistworld.net)
  • Ethiopia's eagerly awaited privatisation of its telecommunications sector is not just the keystone of its digital development strategy. (africaintelligence.com)
  • However, with the discovery of oil in 1956 in Oloibiri, Bayelsa State in commercial quantity, the coal industry started dying off gradually. (rcdij.org)
  • Indeed, in campaigns that candidates are waging in the upcoming midterm elections, one can see the policy window on school privatization gradually shifting back to support for public schools and increasing skepticism about doling out cash to private education entrepreneurs. (salon.com)
  • As per a Confederation of Indian Industry analysis, the cumulative losses of the 55 non-strategic central PSEs (listed and unlisted) in the three years from 2016-17 to 2018-19 stood at a staggering ₹ 45,748 crore. (livemint.com)
  • Five years into the economic programmes imposed by the EC, Transnational Institute in its report The Privatisation Industry in Europe decided to examine the evidence. (tni.org)
  • The privatization program was at the core of economic restructuring and was a critical consideration for foreign loans and investment in Russia's economy. (factsanddetails.com)
  • On the other hand, the very industries that fuel economic growth also cast a long shadow of environmental hazards over the local population. (lu.se)
  • The ethical and political challenge is how to balance the legitimate interest of industry for profits and economic development with prudent scientific and technological innovation for the good of people and communities. (bvsalud.org)
  • Relative to analysts without school ties, analysts with ties make more accurate forecasts and more profitable recommendations on non-tied firms in the same industry, suggesting that analysts acquire industry information through school ties. (ssrn.com)
  • So why have the European Commission's policy makers made privatisation such a central tenet for agreeing to loans to Europe's indebted countries? (tni.org)
  • It is the wave of new progressive candidates who appear to be the ones who are shifting the policy window on school privatization. (salon.com)
  • After industry was initially privatized only 27 million of Russia's 67 million workers were in the private sector. (factsanddetails.com)
  • With the privatization taking full force, workers were retrenched, the NCC properties were sold off and a deal that killed the fortunes of the industry was sealed. (rcdij.org)
  • In the past few weeks the Taoiseach has got many letters from Aer Lingus workers asking him to step away from privatisation of the company. (socialistworld.net)
  • We had the B&I Line [shipping] privatisation and last year's spectacle of Irish Ferries replacing trade union workers with virtual galley slaves. (socialistworld.net)
  • UTIER and all electrical workers, truckers, service employees, and teachers in the Puerto Rico labor movement are coming together to demand not only an end to this destructive privatization contract, but a true transformation of our electrical system, which is based on a commitment to 100 percent renewable energy. (labornotes.org)
  • Create an alert to follow a developing story, keep current on a competitor, or monitor industry news. (thinkadvisor.com)
  • These policies which include the privatisation of public companies and services are supposed to deal with growing state deficits and debts. (corporateeurope.org)
  • As a result, it became clear that privatization policies must target international investors in order to raise the necessary capital. (thediplomat.com)
  • Politicians, however, ardently deny that political graft factors into their decisions to award lucrative privatization contracts for services normally reserved to the public sector. (prisonlegalnews.org)
  • The privatisation has also been linked to potential political motives. (leftfootforward.org)
  • No matter what is occurring in the House and no matter how hard various interests press, it is clear that those who support the privatization of a national asset, our airspace system - the support is not there in this committee or in the Senate," Nelson said. (govexec.com)
  • Jan Willem Goudriaan , deputy secretary general of the European Federation of Public Service Unions (EPSU), tells the story of how the EU sought to brush away a clear no of the Italian people against water privatisation but how this failed as a result of strong campaigning by the broad and vibrant Italian Water Movement. (corporateeurope.org)
  • It is clear that the general public is opposed to the privatisation of Channel 4. (leftfootforward.org)
  • Russia's privatization campaign was masterminded and led by Anatoly Chubais. (factsanddetails.com)
  • Corrections industry lobbyists and execs donated generously to the Texas governor's reelection campaign. (motherjones.com)
  • The bid to stop the privatisation of Channel 4 was ramped up this week, with anti-privatisation campaign group, We Own It, staging a protest outside the government's Department for Digital, Culture, Media and Sport (DCMS) in London. (leftfootforward.org)
  • Privatization is expected to play a significant role in improving competencies within enterprises, along with the building of resource efficiency among units at a time when PSEs have been incurring losses. (livemint.com)
  • Going by publicly available information, 31 PSEs have so far got the Union cabinet's 'in-principle approval' for privatization. (livemint.com)
  • In that year, Congress gave local governments incentives to take over transit, and by 1970, the industry was nearly all publicly owned. (masterresource.org)
  • Read an overview of the defence industry of Estonia and Latvia, as well as the implemented national measures to promote innovation in the defence sector. (lithuaniatribune.com)
  • Committee Chairman John Thune, R-S.D., said he left the privatization plan out of his bill in the spirit of the panel making a bipartisan decision on the agency's future. (govexec.com)
  • President Trump in June held a signing ceremony for the principles he wished to see in an FAA reauthorization bill, chiefly ATC privatization. (govexec.com)
  • Greece's sale of 14 regional airports is typical of how privatisation short-changes taxpayers, as only the profitable ones were sold, leaving the unprofitable ones still subsidised by Greek citizens. (tni.org)
  • Before they have sold private industries to the state for they were not that profitable anymore or indeed it was becoming impossible to run those industries. (directdemocracy4u.uk)
  • There is considerable enthusiasm surrounding the privatisation drive, as the discourse this time has not just been limited to the budget document. (livemint.com)
  • In that time, the industry has seen a spectacular decline in productivity. (masterresource.org)
  • In practice, this system appears to work no better than the privatisation of water that the World Bank finally decided to stop pursuing ten years ago after much criticism. (lu.se)
  • Whether he has had recent discussions with Cabinet colleagues on the potential impact of Channel 4 privatisation on the television production industry in Wales. (theyworkforyou.com)
  • A once booming venture, Nigeria's coal industry has been stripped of life and laid bare with its potential for wealth creation greatly diminished. (rcdij.org)
  • Mike Ward of the Austin American-Statesman reported that Perry adviser Mike Morrissey held a closed-door meeting in March to discuss the privatization proposal with potential vendors-but not, pointedly, the state-university-operated facilities that currently run things. (motherjones.com)
  • Moscow mayor Yuri Luzhkov refused to along with Yeltsin's plan of privatization, complaining the "youth squad" led by Chubais gave away state property "like a drunk selling everything in the house. (factsanddetails.com)
  • The plan met bipartisan resistance in the state Legislature, but it was just one of a handful of recent proposals by Perry's office that would have benefited the industry-all in the name of deficit reduction. (motherjones.com)
  • Can Kazakhstan's Privatization Plan Succeed? (thediplomat.com)
  • Many industries of a modern economy display the interaction of private and public agents. (hse.ru)
  • It helps to protect and develop key strategic industries which cannot be left in private hands. (itsmyschoollibrary.com)
  • The agency that is starting to convert the Kampo Japanese life insurance program into a private company should take another look at Japan's postal privatization laws, according to 8 North American and European trade groups. (thinkadvisor.com)
  • In 1964, the industry was mostly private and earned an overall profit. (masterresource.org)
  • Perry first floated the health care privatization proposal in his 2011 budget, which noted: "The Governor's budget recommends canceling necessary contracts early to explore private sector delivery options, or instructing the state-supported institution to provide correctional care according to the constitutional minimum level. (motherjones.com)
  • The analysis shows that the overall electronics and ICT industry is currently playing only a modest role in the Ethiopian economy, with a relatively limited presence of companies and commercial activity. (worldbank.org)
  • With Kazakhstan's legacy of state control over most industries, privatization of its economy has progressed in jumps and starts since the country's independence from the Soviet Union in 1991. (thediplomat.com)
  • This is a landmark transaction for the industry as a whole and the first successful privatisation case in the course of demonopolisation of the alcohol industry and privatisation of other Ukrspyrt's facilities. (avellum.com)
  • Experts on the subject, from industry, academia, governmental departments and the public sector participated. (neaman.org.il)
  • There are examples of how it has led to cities successfully resisting privatisation of their water supply or to fairer distribution of resources. (lu.se)
  • For example, a 2002 study assessed the impact of privatization on child mortality based on household survey data, finding that in the 1991-1997 period child mortality fell 5 to 7 percent more in areas that privatized compared to those that remained under public or cooperative management. (wikipedia.org)