Question

What is the result of the process of Privatization?​

Answer 1

Answer:

Privatization describes the process by which a piece of property or business goes from being owned by the government to being privately owned. It generally helps governments save money and increase efficiency, where private companies can move goods quicker and more efficiently

Step-by-step explanation:

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Answer 2

Answer:

The privatization of SOEs in transition economies increases employment and productivity. The probability that firms export increases due to privatization, primarily because their attitudes about risks and profits change. Privatization may lead to a virtuous cycle among productivity, exports, and employment.