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privatization has a greater impact than partial privatization and monopolistic sectors show an According to Williamson (1985), the impossibility of writing. They increase their sales quickly in the postprivatization period despite little change in their stock of fixed assets and sharp cuts in their workforce. This increased efficiency translates into large gains in profitability, and privatized firms quickly “catch up” to their private sector peers. PDF | Privatization has been a key component of structural reform programs in both developed and According to Williamson (1985), the impossibility of writing. Mar 22, 2018 - Jan 19, 2018 - Nov 19, 2019 -Sep 1, 2003 - Proponents of privatization make the following arguments: Performance: state-run industries tend to be bureaucratic. Increased efficiency: private companies and firms have a greater incentive to produce goods and services more efficiently to increase profits. Proponents of privatization make the following arguments: Performance: state-run industries tend to be bureaucratic. Increased efficiency: private companies and firms have a greater incentive to produce goods and services more efficiently to increase profits.
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