difference between globalisation and privatization
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Privatisation means transfer of ownership of public sector from the government to the private sector. It helps to remove managerial inefficiency of public sector. Globalisation is a process of integration of an economy with the economies of the world. It increases interdependence between different countries.
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Privatisation means transfer of ownership of public sector from the government to the private sector. It helps to remove managerial inefficiency of public sector. Globalisation is a process of integration of an economy with the economies of the world. It increases interdependence between different countries.
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