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Preview - American Economic Association
Preview - American Economic Association

... Florencia Borrescio Higa, Guadalupe Dorna, and David Lenis for excellent research assistance and to the Inter-American Development Bank for financial support. ...
Conservation and employment creation: Can
Conservation and employment creation: Can

Outsourcing and efficiency
Outsourcing and efficiency

... organizing the production structure. In his view, the market is the most efficient organizational form unless the transactions costs in the market are higher than the transactions costs incurred by operating within a bureaucracy. The activities are, therefore, allocated to the most appropriate execu ...
Round Table - World Health Organization
Round Table - World Health Organization

... services (of which Cambodia is the best-known example 1 and also from Bangladesh, Guatemala, Haiti, India, Lesotho, Senegal, South Africa and Zimbabwe) is not as extensive as we would like. It nevertheless highlights several elements that explain the attractiveness of private delivery compared with ...
A Primer on Privatization
A Primer on Privatization

... Critics of privatization, however, demand a closer look at the potential benefits of privatization and competitive delivery, suggesting that private delivery can have lower up-front costs than public sector delivery, but may also have several hidden and associated costs. "While competition can lead ...
Commercialization and Competitive Outsourcing
Commercialization and Competitive Outsourcing

... Commercialization means procuring services from a firm where the fixed costs are shared with other customers. The commercialization of the polar network of earth stations is an example. In this cases, the government still retains the responsibility for the function of providing services to its custo ...
1

Privatization

Privatization, also spelled privatisation, may have several meanings. Primarily, it is the process of transferring ownership of a business, enterprise, agency, public service, or public property from the public sector (a government) to the private sector, either to a business that operates for a profit or to a nonprofit organization. It may also mean the government outsourcing of services or functions to private firms, e.g. revenue collection, law enforcement, and prison management.Privatization has also been used to describe two unrelated transactions. The first is the buying of all outstanding shares of a publicly traded company by a single entity, making the company privately owned. This is often described as private equity. The second is a demutualization of a mutual organization or cooperative to form a joint-stock company.
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