Privatisation Of Public Sector Is Necessary Or Not?
I have my own view also.And I want to match it with others.
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Well, in my opinion the privatization is necessary in some developing countries whereas it is not needed in any developed country. The reason is that the privatized institutions and companies worked well and care about customer satisfaction the good way. The public sector companies don't care about the customers. On the other way in developed countries, the public sector is so good that there is no need to think about privatization.
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Privatization equals accountability. For example, if there was a car that was owned by the government, but we all drove it. Would it be better taken care of than a car owned by one citizen? Take a look at the USSR, now vs then.
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