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Privatization

The result is again a picture of public enterprise that operates with higher costs and lower productive efficiency than comparable enterprises in the private sector.
             But what really is this phenomenon called privatization? Privatization is the shift of functions, activities and responsibilities from the public (government) sector to the private sector. It involves a process where the government gradually and progressively eliminates their involvement in direct service provision while maintaining responsibility and authority over key functions such as standardization, certification and accreditation. Privatization can also be viewed as the process of changing ownership of government companies (Public Enterprises) to private ownership through the sale of the share of such companies to individuals who will manage the companies efficiently and profitably.
             One has to be careful not to confuse privatization and commercialization. Privatization involves the sale of a government-owned company to private investors or individuals who now become the new owners, while commercialization involves changing the way government-owned companies operate to ensure that they run commercially and that they make profit. The basic difference is in their ownership structure.
             Privatization may take several forms and some of the most prominent ones include:.
             (1) Full Privatization: The service is provided by the private sector and entirely paid for by clients or customers.
             (2) Commercialization of Government Services: The service remains within the government but is fully or partially paid for by clients or consumers.
             (3) Public-Private Partnerships: A government asset is leased to and managed commercially by a private sector company.
             Privatization can be looked at with a two-fold aspect. With regards to privatization there are two main parties involved: (1) government and (2) the community. From the viewpoint of the government, the objectives of privatization are to reduce the government's administrative and financial burdens with respect to providing services.


Essays Related to Privatization

1. Choosing a Public or Private School

When deciding on whether public or private school is better for your child there are a few things to consider. ... Unlike public schools, private schools are not obligated to accept every child, and in many private schools admission can become very competitive. Private schools tend to be more uniform due to the admission and selection process and the type of student that will apply to private school based on its reputation. ... Private schools tend to have much stricter policies to enroll your child. ... The cost of tuition varies for each private school. ...

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2. Saving private ryan

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3. Saving Private Ryan

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4. Saving Private Ryan

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5. Private and Public Insurance for Children

Introduction Shaefer et al. addresses the reason families shift their children from private to public insurance, while taking into account the concept of crowd-out by examining the transition of children from private to public health insurance in the wake of establishment of public programs that provide coverage to the uninsured alongside the continued offering of private health insurance. ... Private to Public Transition This refers to the move from public health insurance coverage to private coverage. Since public insurance is generally less expensive and more comprehensive than most private...

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6. Argumentative Essay - Public and Private Schools

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7. Saving Private Ryan vs. Braveheart

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8. Public Problem Private Gain

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9. Critical Review Essay: Saving Private Ryan

Critical Review Essay: Saving Private Ryan In 1998 Stephen Spielberg released his new movie, Saving Private Ryan. ... "The search for Private Ryan is fiction," observes historian Stephen Ambrose about Steven Spielberg's new film Saving Private Ryan, "but of the kind that illuminates truth rather than diminishing it." ... One of the first things I researched was if there was an actual Private Ryan. ... The Sullivans are mentioned only once in Saving Private Ryan. ... In conclusion, Saving Private Ryan displayed many historically accurate events and plot lines. ...

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10. Comparison of Sands of Iwo Jima and Saving Private Ryan

From the initial scene sequence, the creators of Saving Private Ryan set a tone of intense realism, which was to continue throughout the movie. ... Much like Saving Private Ryan, the movie tries to outline the bleakness and sorrow in battle. ... Also, deaths are much more dramatic, and seemingly more important than they are in actual battle, or in Saving Private Ryan. ... In Saving Private Ryan, the only relationships seen with women are with Pvt. ... But, I believe that the makers of both Saving Private Ryan and The Sands of Iwo Jima had one common theme in mind. ...

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