|
Showing 1 - 1 of
1 matches in All Departments
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.
|
|
Email address subscribed successfully.
A activation email has been sent to you.
Please click the link in that email to activate your subscription.