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PAGES: PRIVITIZATION IN ITALY.
Term Paper ID:30817 Buy This Paper Essay Subject:
Discusses transference of some industries from pubic sector to the private sector.... More... 5 Pages / 1125 Words
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Read this research paper. Paper Abstract: Discusses transference of some industries from public sector to the private sector. Desirability of privatization for Italy, Its struggle to achieve greater economic growth in key sectors such as telecommunications. Privatization of Telecom Italia, Italy's financial markets, Atltalia Airline, ENEL telecommunications. Consideration of privatizing Italy's priceless arts and architectural holdings. Paper Introduction: The Privatization of Public Sectors in Italy Privatization is a strategy in which politicized bureaucracies are replaced with meritocratic investors, transferring control over selected industries or services from the public (i.e., governmental) sector to the private sector (The Economist 1 82). Few nations stood to benefit more from privatization than Italy, where large firms have typically been subject to state meddling. In recent years, as it struggled to achieve greater economic growth in key sectors such as telecommunications, Italy has engaged in a round of privatization that has generated what some analysts have characterized as mixed results (Edmondson 28). Managerial tools used in the transformation of a company such as Telecom Italia, a former state telecommunications for in which the Italian treasury s | |
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