Privatization

I have read an article about privatization and the reasons of it.

So, first of all, privatization it is a process of transfering ownership of a business or public service from public sector to the private sector. if we look on privatization better, we can understand, that actually can not guarantee the progress in economics,but privatization increase rivalry on a market.

Also I have known some information that, there are three types of privatization: Share issue privatization, Asset sale privatization and Voucher privatization.

Share issue privatization it is a privatization,where selling shares on a stock market

Asset sale privatization it is a privatization where selling entire firm to a strategic investor, usually by auction.

Voucher privatization it is a privatization where sharing of ownership are distributed to all citizens, usually for free or at a very low price.

Actually privatization it is a positive thing for government, because privatization increase rivalry on the market, therefore economic growth will increase,what is good for a country.