Search results
Results from the WOW.Com Content Network
The reasons for nationalization may include: Saving a very valuable company from bankruptcy; Confiscation of assets; Executing eminent domain; Nationalization is essentially a move by the nation of the company to acquire controlling interest in the company, either through buying majority shares with a motive to: Eliminate dominance of the ...
The NEP represented a move away from full nationalization of certain parts of industries. Some kinds of foreign investments were expected by the Soviet Union under the NEP, in order to fund industrial and developmental projects with foreign exchange or technology requirements. [15] The NEP was primarily a new agricultural policy. [16]
Nationalization may produce other effects, such as reducing competition in the marketplace, which in turn reduces incentives to innovation and maintains high prices. In the short run, nationalization can provide a larger revenue stream for government but may cause that industry to falter depending on the motivations of the nationalizing party.
1868 Nationalisation of inland telegraphs under the General Post Office with the Telegraph Act 1868. [69] 1875 Suez Canal Company - The Egyptian share in the company was bought by the government. 1912 Nationalisation of National Telephone Company under the GPO, apart from Portsmouth and Hull. The Portsmouth telephone service was nationalised ...
A transition economy or transitional economy is an economy which is changing from a centrally planned economy to a market economy. [1] Transition economies undergo a set of structural transformations intended to develop market-based institutions.
Denationalized Citizenship is one of many new citizenship processes which redefine traditional notions of citizenship as intrinsically linked with the nation-state and occurs within a subnational scale.
The Denationalisation of Money is a 1976 book by Friedrich Hayek. [1] The author advocated the establishment of competitively issued private moneys. [2] In 1978 Hayek published a revised and enlarged edition entitled Denationalisation of Money: The Argument Refined, where he speculated that rather than entertaining an unmanageable number of currencies, markets would converge on one or only a ...
A key purpose of corporatization is externalization. [1] The effect of corporatization has been to convert state departments (or municipal services) into public companies and interpose commercial boards of directors between the shareholding ministers / city council and the management of the enterprises. [5]