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liberalization, private-sector, liberalisation, deregulation, appropriation, conversion, allotment.privatization, transfer of government services or assets to the private sector. State-owned assets may be sold to private owners, or statutory restrictions on competition between privately and publicly owned enterprises may be lifted. Services formerly provided by government may be contracted out.Description: Privatization is considered to bring more efficiency and objectivity to the company, something that a government company is not concerned about. India went for privatization in the historic reforms budget of 1991, also known as ‘New Economic Policy or LPG policy‘.
| denationalisationUK | denationalizationUS |
|---|---|
| sale | transfer |
What is another word for privatization?
liberalization, private-sector, liberalisation, deregulation, appropriation, conversion, allotment.
What does the term privatization refer to?
privatization, transfer of government services or assets to the private sector. State-owned assets may be sold to private owners, or statutory restrictions on competition between privately and publicly owned enterprises may be lifted. Services formerly provided by government may be contracted out.
Y2 29) Privatisation
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What is the other term for privatisation with regard to economic policy?
Description: Privatization is considered to bring more efficiency and objectivity to the company, something that a government company is not concerned about. India went for privatization in the historic reforms budget of 1991, also known as ‘New Economic Policy or LPG policy‘.
Who used term privatization?
Etymology. The Economist magazine introduced the term privatisation (alternatively privatisation or reprivatisation after the German Reprivatisierung) during the 1930s when it covered Nazi Germany’s economic policy.
What’s the opposite of Privatisation?
Privatisation is the opposite of nationalisation. It typically refers to the ownership of property, a business, or an industry being transferred from a government to an individual, or another private company.
What is the antonym of privatization?
| nationalizeUS | nationaliseUK |
|---|---|
| municipalize | make public |
| take over |
How do you say privatization?
Break ‘privatization’ down into sounds: [PRY] + [VUH] + [TY] + [ZAY] + [SHUHN] – say it out loud and exaggerate the sounds until you can consistently produce them.
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Another word for PRIVATISATION > Synonyms & Antonyms
1. privatisation. noun. [‘ˈpraɪvətəˈzeɪʃən’] changing something from state to private ownership or control. Synonyms.
Best 10 synonyms for privatization – Thesaurus
The best 10 synonyms for privatization, including: privatisation, denationalization, deregulation, liberalisation, modernization, nationalization, …
Synonyms for privatisation pri·vati·sa·tion
Synonyms for privatisation pri·vati·sa·tion · Visual Synonyms of privatisation · Citation · Are we missing a good synonym for privatisation? · Synonyms & Antonyms …
Synonyms for PRIVATIZATION – Thesaurus.net
liberalization, private-sector, liberalisation, deregulation, appropriation, conversion, allotment. Other Related. Noun, singular or mass
What is privatisation India?
Privatization is the process of transferring ownership, property, or a business from the government to the private sector. The corporation or business is no longer owned by the government.
What are the types of privatization?
Types of privatization include complete privatization, privatization of operations, privatization through contracts, franchising, and open competition. Privatization of public assets has historically occurred more frequently outside the United States.
What is commercialization and privatization?
Commercialisation is the process of transforming a transaction into a commercial activity in which goods or services acquire a monetary value. Privatisation means a private company taking over some or all operational responsibilities, compensated either through user fees or a fee-for-service paid by the government.
The Truth About Privatization | Robert Reich
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What is privatization and liberalization?
Liberalisation: Liberalisation of the economy means its freedom from direct or physical controls imposed by the government. Privatisation: It is the general process of involving the private sector in the ownership or operation of a state-owned enterprise.
What does Nationalisation mean?
Nationalization is the process of taking privately-controlled companies, industries, or assets and putting them under the control of the government. Nationalization often happens in developing countries and can reflect a nation’s desire to control assets or to assert its dominance over foreign-owned industries.
Where does the term privatisation come from?
“Privatization” was coined in English descriptions of the German experience in the mid-1930s. In the early twentieth century, many European economies featured state ownership of vital sectors. Reprivatisierung, or re-privatization, marked the Nazi regime’s efforts to de-nationalize sectors of the German economy.
Who introduced privatisation in India?
Manmohan Singh introduced some major economic reforms. Now, we call it the liberalization of the Indian Economy and the LPG reforms. Privatization has a very broad meaning in economics.
What is an example of privatization?
What is an example of privatisation? In the state of Washington before 2012, the liquor sales were controlled and operated by the government. The state regulated when and how the liquor was sold and collected the revenue. However, in 2012, the government privatised liquor sales.
What is Nationalisation and privatisation?
Privatization is the American spelling, the British spelling is privatisation. Nationalization is the process by which privately owned business is transferred into government or public ownership.
What is Nationalising a company?
Nationalisation occurs when the government take control of an industry previously owned by private firms. For example, after 1945, the Labour government nationalised key industries, such as railways, steel and electricity.
What is economic nationalization?
Nationalization is the process by which private companies become owned and controlled by the government. It often happens in developing countries when governments wish to seize control of a profitable industry in order to create a sizable income stream for those in power.
What is another word for deregulation?
In this page you can discover 12 synonyms, antonyms, idiomatic expressions, and related words for deregulation, like: re-regulation, restructuring, deregulating, liberalisation, de-regulation, privatisation, privatization, liberalization, reform, centralisation and privatisations.
‘The privatization of public services’ in one minute
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Is Publicization a word?
The act of publicizing.
What is another word for public sector?
| state-owned | state |
|---|---|
| nationalizedUS | municipal |
| state-run | publicly owned |
| public sector | civic |
| community | civil |
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