Question

23. What is privatization and how it is differnt with globalization?
Support your answer with
Some suitable and brief reasons.
[6​

Answer 1

Answer:

Globalization and privatization are two of the most important and interesting phenomena in current world economic and political relations. While much research has been done on each topic and on its impact on other aspects of the world economy, no one has examined the interaction governing these two seemingly symbiotic subjects. To our knowledge, ours is the first multinational empirical study of the potential link between privatization and globalization. The