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N Alternative within the project Enhancement of Government accountably to public and promotion Rule of Law in Georgia financed under the Human Rights and Governance Grants Program of the Open Society Institute (OSI). Green Alternative gratefully acknowledges the financial assistance of OSI-Budapest. The views expressed in this publication are those of the authors and should not be taken to represent those of the Open Society Institute. Authors : Nino Gujaraidze, Merab Barbakadze, Kety Guj.
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HPPs FAQ
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Privatization and privatisation are both English terms. Privatization is predominantly used in 🇺🇸 American (US) English ( en-US ) while privatisation is predominantly used in 🇬🇧 British English (used in UK/AU/NZ) ( en-GB ).
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Privatized and privatised are both English terms. Privatized is predominantly used in 🇺🇸 American (US) English ( en-US ) while privatised is predominantly used in 🇬🇧 British English (used in UK/AU/NZ) ( en-GB ).
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Proponents of privatization argue that privately owned companies run businesses more economically and efficiently because they are profit-incentivized to eliminate wasteful spending. Furthermore, private entities don't have to contend with the bureaucratic red tape that can plague government entities.
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Privatize and privatise are both English terms. Privatize is predominantly used in 🇺🇸 American (US) English ( en-US ) while privatise is predominantly used in 🇬🇧 British English (used in UK/AU/NZ) ( en-GB ).
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Privatization (also privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector.
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What Is Privatization? Privatization occurs when a government-owned business, operation, or property becomes owned by a private, non-government party. Privatization also may describe a transition that takes a company from being publicly traded to becoming privately held. This is referred to as corporate privatization.
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