Political Science Answer

Content type

User Generated

Subject

Law

School

University of Toronto

Type

Homework

Uploaded By

583pncrcc

Pages

Rating

Privatization

Name

Institutional affiliation

Course

Instructor

Date

Privatization is defined as the transfer of different services which government regulates

and owns to the private sector (Pettinger, 2019). The central argument surrounding privatization

comes from the ineffectiveness and inefficiency of the government. It is often believed that the

government's monopoly in regulating certain programs and organizations has been attributed to

poor performance and below par service delivery. In other words, it connotes absolute or limited

ceding of the government functions for provision and reduction to the private entities. The shift

to the private sector is intrinsically associated with but different from deregulation, corporation,

and commercialization, which typically involves public sector exposure to market principles

(Pettinger, 2019). Deregulation involve the government's decision to relax rules in the quest to

allow private organizations to own certain areas previously operated by the public sector.

Commercialization entails granting public entities autonomy to function like a private one.

According to Pettinger (2019), under corporatization, public organizations are granted a private

firm's legal status, even if the government still owns it. Full privatization is thus grounded on

these fundamental approaches. The rationale for privatization is based on two essential reasons:

to take advantage of external opportunities and better address challenging domestic issues.

One of the areas that need to be privatized is education. Schools are currently operated

and funded by the government with the aid of taxes. Supposes schools are privatized, effectively

all the schools would be turned into private entities (Rooks, 2017). Such would translate into

schools charging varying fees and an increased level of efficiency. Typically, the privatization of

such organizations as schools generates the most excitement. Government-run schools have no

incentive to be efficient since such aspects as viability and profitability are never considered. In

other words, schools are available whether or not they achieve the best. As such it is because

there is a legal mandate for ensuring there is the timely provision of educational facilities.

End of Preview - Want to read all 4 pages?

Access Now

Unformatted Attachment Preview

Privatization Name Institutional affiliation Course Instructor Date Privatization is defined as the transfer of different services which government regulates and owns to the private sector (Pettinger, 2019). The central argument surrounding privatization comes from the ineffectiveness and inefficiency of the government. It is often believed that the government's monopoly in regulating certain programs and organizations has been attributed to poor performance and below par service delivery. In other words, it connotes absolute or limited ceding of the government functions for provision and reduction to the private entities. The shift to the private sector is intrinsically associated with but different from deregulation, corporation, and commercialization, which typically involves public sector exposure to market principles (Pettinger, 2019). Deregulation involve the government's decision to relax rules in the quest to allow private organizations to own certain areas previously operated by the public sector. Commercialization entails granting public entities autonomy to function like a private one. According to Pettinger (2019), under corporatization, public organizations are grant ...
Purchase document to see full attachment

Tags: law political science Privatization