Privatization Process in the Developing Countries - Assignment Example

The industrial policy decisions and public finances, the physical characteristics of supply, the magnitude of capital requirement and size of industry, and the complex and close relationships between the industry and other significant economic elements all combine to impose challenges to the liberalization process.... Nonetheless, given the previous history of government participation in services and goods production in Nigeria, and the prevalent history of crisis in these public enterprises, the process of privatization in Nigeria has various expected objectives....

developing countries have adopted the privatization for planning as a policy and system for national socio-economic development.... As Cook and Uchida point out, in many developing countries as well as in the developed countries privatization and commercialization have gained recognition and adequacy (1-23).... Privatization of public administration would enhance the productivity of the service area provided that the government initiates flawless provisions toward this process....

Asset sale privatisation is common in developing countries.... Since 1980, many European countries have launched privatisation programs with the Great Britain being referred to as the origin of modern privatisation (Ioannis, 2012).... Voucher privatisation was common in the former socialist economies during the transition process.... The paper 'Evidence from privatization' seeks to evaluate the transfer of ownership and the management of state-owned enterprises to private firms....

In poor countries, for instance, women are mostly involved in activities such as fetching water, fetching fuel for domestic use, and agriculture and therefore they understand the issues relating to the availability of water and other natural resources.... This can be seen clearly in developing and an underdeveloped world where women are not involved in the environment programs; yet they are the ones who interact with the environment every day as they go about their daily economic activities such as fetching water, fetching fuel, farming, etc....

While the bulk of privatizations during the past decade occurred in developed countries, in recent years the emphasis has shifted to developing countries (The Economist, 1993).... Governments in developed countries (e.... In these countries, capital markets can hardly absorb the large amounts of privatized equity, and governments are offering to sell SOEs to western multinationals as strategic owners (The Economist, 1993; Ramamurti, 1992).... In addition, these countries look to western multinational enterprises for managerial and technical know-how....

Water is a fundamental right, and its accessibility has for a long time been a priority to governments of various countries all over the world.... The paper "Why the Canadian Government should not Provide privatization of Water" aims to highlight the management of assets and stakeholder participation in water privatization in Canada.... This has led to water privatization seeming like a practical alternative, as there will be a reduction of waste, sensible pricing and improved distribution....

After this more specific factors in the privatisation process are considered including works which outline theoretical models for privatisation.... The aim of this dissertation is to outline the possible privatisation model which will be implemented by the Prague airport.... In order to do this the critical literature on this subject will be taken into consideration in order to establish the hypothetical possibilities....

But in the strict sense, it implies the removal of governmental influence from the day to day running of a company, organization and corporation as well as the government hold on the decision-making process, thereby, effectively reducing the number of people who can run the company, and thus removing it from the public domain.... From the paper "privatization in the Arab World" it is clear that privatization is highly debated with proponents applauding its capability of quality and efficient services while opponents fear the reduced accessibility of services to ordinary citizens....