Regulation and privatisation E-Book

Ulrike Messbacher

• Herausgeber: GRIN Verlag
• Sprache: Englisch

Veröffentlichungsjahr: 2005

Beschreibung

Essay from the year 2004 in the subject Economy - Theory of Competition, Competition Policy, grade: 1, University of Applied Sciences Kempten (University of Ulster), language: English, abstract: The economic trend of privatisation that started in Great Britain in the early 1980s has now spread to all of the European states (www.fiwi.uni-bonn.de). Privatisation is characterised as a change in ownership and control of an enterprise from the public sector to private sector by share flotation or private sale. In a broader sense, the definition includes the transfer of functions previously performed exclusively by the public sector to the private sector and all the other measures which aim to reduce the role of government in a national economy in order to strengthen free market economy (www.canaktan.org).