BPE October 18, 2018

Does privatisation lead to overall growth in the economy?

There are, of course, no guarantees but privatisation can be an important element for increasing the workforce in the long term. If private management functions on an efficient and profitable basis, it should be expected that its business would increase over time as a result of higher production and lower product cost. Prices of products, increased demand for goods and services and job opportunities and wages will also increase.