No blueprint exists for transforming an economy from one with a great deal of government control to one based almost solely on free market principles. Yet the experience of the United Kingdom since 1979 clearly shows one approach that works: privatization, in which under-performing state-owned are sold to private companies.
By 1979, the total amount of debt, liabilities, and losses for state-controlled enterprises in the UK topped 3 billion annually. By selling off many of these companies, particularly those in the depressed industrial sector, the government decreased its debt burden and ceased pumping public funds into money losing enterprises. According to government spokesperson Alistair McBride, "Far from past practice of throwing good money after bad, the Queen’s government this year expects to take in 34 billion from the proceeds of the sale." That, say some analysts, may only be the beginning. Privatization has not only been credited with rescuing w
A. Privatization is a Double-edged Sword
B. Privatization is a Way out for UK’s Economy
C. Privatization Makes Government the Winner
D. Privatization Offers a Promising Future
No blueprint exists for transforming an economy from one with a great deal of government control to one based almost solely on free market principles. Yet the experience of the United Kingdom since 1979 clearly shows one approach that works: privatization, in which under-performing state-owned are sold to private companies.
By 1979, the total amount of debt, liabilities, and losses for state-controlled enterprises in the UK topped 3 billion annually. By selling off many of these companies, particularly those in the depressed industrial sector, the government decreased its debt burden and ceased pumping public funds into money losing enterprises. According to government spokesperson Alistair McBride, "Far from past practice of throwing good money after bad, the Queen’s government this year expects to take in 34 billion from the proceeds of the sale." That, say some analysts, may only be the beginning. Privatization has not only been credited with rescuing w
A. government control can be based on free market principles
B. privatization is the only way out for UK’s economic development
C. state-owned enterprises can benefit a lot from privatization
D. a major transformation in economic system is feasible
No blueprint exists for transforming an
economy from one with a great deal of government control to one based almost
solely on free market principles. Yet the experience of the United Kingdom since
1979 clearly shows one approach that works: privatization, in which
under-performing state-owned are sold to private companies. By 1979, the total amount of debt, liabilities, and losses for state-controlled enterprises in the UK topped 3 billion annually. By selling off many of these companies, particularly those in the depressed industrial sector, the government decreased its debt burden and ceased pumping public funds into money losing enterprises. According to government spokesperson Alistair McBride, "Far from past practice of throwing good money after bad, the Queen’s government this year expects to take in 34 billion from the procee A. government control can be based on free market principles. B. privatization is the only way out for UK’s economic development. C. state-owned enterprises can benefit a lot from privatization. D. a major transformation in economic system is feasible. 我来回答: 提交
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