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Volume :25 Issue : 2 1997
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The privatization experience in the United Kingdom
Auther : Mohammed EL-Sakka
This study begins with analysis of the objectives of the privatization programme in the UK, one of the most intensive such programmers in the world. Also presented are mechanisms of transfer to the private sector, assessment of privatized companies, performance by profitability criterion, and negative aspects of the programme. Finally, lessons learned from the experience are summarized.