Privatization is a complex and contentious economic and political phenomenon that involves the transfer of ownership, control, and management of public assets, services, or functions from the government sector to the private sector. This concept has gained significant attention over the past few decades, with countries around the world adopting varying degrees of privatization … [Read more...] about 51 Advantages and Disadvantages of Privatization
Managerial Economics
Privatization: Features, Scope, Objectives, and Methods (Explained)
In today's rapidly evolving global economy, the term "privatization" has gained significant attention as governments and businesses look for ways to enhance efficiency, promote competition, and drive economic growth. Privatization involves the transfer of ownership, control, or management of public assets or services from the government sector to the private … [Read more...] about Privatization: Features, Scope, Objectives, and Methods (Explained)
10 Importance and Objectives of Fiscal Policy (Economy)
The economic conditions and priorities of developed and developing countries differ from each other. Therefore, the importance and objectives of the fiscal policy adopted by such countries differ vastly. The significance of the fiscal policy has increased since the worldwide depression of the thirties (1930). Importance and Objectives of Fiscal Policy In the … [Read more...] about 10 Importance and Objectives of Fiscal Policy (Economy)
25 Major Problems of Public Sector Enterprises (with Solutions)
Public sector enterprises (PSEs) play a significant role in a nation's economy, aiming to provide essential goods and services, generate employment, and contribute to economic growth. However, despite their intended benefits, these enterprises encounter a myriad of challenges that can hinder their efficiency, growth, and sustainability. In spite of tremendous progress and … [Read more...] about 25 Major Problems of Public Sector Enterprises (with Solutions)
22 Categories in Classifications of Market in Economics (With Examples)
There are so many buyers and sellers on the earth but all the sellers and buyers are classified on their nature of selling and nature of some elements. Markets have been classified into several categories on the basis of the elements found in their existence. Classifications of Market in Economics They are discussed below: On the Basis of Area or Region. On the … [Read more...] about 22 Categories in Classifications of Market in Economics (With Examples)