Economic Theory - General & Miscellaneous, Globalization, Foreign Economic Relations - General & miscellaneous, General Economic Policies, Macroeconomics - General & Miscellaneous, Privatization
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Synopsis
In recent years, the economic policy of privatisation, which is defined as the transfer of property or responsibility from public sector to private sector, is one of the global phenomenon that increases use of markets to allocate resources. One important motivation for privatisation is to help develop factor and product markets, as well as security markets. Progress in privatisation is correlated with improvements in perceived political and investment risk. Many emerging countries have gradually reduced their political risks during the course of sustained privatisation. In fact, most risk resolution seems to take place as privatisation proceeds to its later stage. Alternative benefits of privatisation are improved risk sharing and increased liquidity and activity of the market. One of the main methods to develop privatisation is entering a new stock to the markets for arising competition. This book provides leading edge research on this field from around the globe.Book Details
Published
October 1, 2008
Publisher
Nova Science Publishers, Incorporated
Pages
148
Format
Hardcover
ISBN
9781604567854