Uzbekistan is preparing to privatize the railway stations and trains in the public-private format. This will be helpful for the construction, modernization and management of the objects and the trains. The bill is under debate at the lower house of the Uzbek parliament. Podrobno.uz reports that the new bill defines the rights and obligations of […]
Privatization a panacea?
Nadeem M. Qureshi Privatization was made fashionable by Britain’s Margaret Thatcher in the 1980’s. The sale, during her reign as Prime Minister, of poorly performing state enterprises to the private sector was widely lauded. Acolytes included global financial institutions such as the World Bank and the IMF as well as then US President Ronald Reagan. […]