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Introduction: The Global Appeal of Privatization |
| Section: CURRENT ISSUES / SPECIAL REPORT--THE GLOBAL APPEAL OF PRIVATIZATION |
| Author: Editor |
| Publication: The world & I online |
| Issue Date: 1/1/1988 |
| Size: 750 Words, 4,817 Characters |
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It is one of the most rapidly spreading and hotly debated phenomena of the global economy. It is lauded by supporters as a way to make government more efficient and to improve economic growth. It is attacked by opponents as a surrender of the legitimate functions of government and a call for a dog-eat-dog world in which people beg for charity. It is called privatization, the process by which governments and peoples rely more on the private sector and less on government to satisfy their needs.
In his opening essay, E.S. Savas, a professor at Baruch College of the City University of New Yor...
. . .
...ests, according to Stephen Moore of the Heritage Foundation. A powerful weapon in the continuing battle is a nationwide poll of city officials, 80 percent of whom believe that privatization could present a "primary tool to provide local government services and facilities in the next decade." That is an attitude now shared by government officials and private-sector leaders around the world.
(608 of 4,817 characters)
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