The privatization of Social Security basically means that each account would be individually owned and operated (Anders and Hulse). Presently‚ the funds received from each individual’s payroll tax are invested in the Social Security trust fund‚ which is controlled
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The increased use of for-profit privatized prisons in the United States has created a system of mass incarceration due to compromised motivation for these institutions to maximize profits. Over the last four and a half decades‚ the United States has experienced a surge in the incarceration rates. In 2013‚ 1‚598‚780 people occupied state or federal prisons compared to 196‚429 in 1970 (“Incarceration Generation” 1). This rise in prison population may be a result of harsher penalties and legislation
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1.0 Introduction Privatization throughout the 1980’s has been considered to be the solutions to the problems associated State Owned Enterprise (SOE)s both in the developed and developing economies and even in the socialist economies (Vickers and Yarrow 1995). In reality privatization is an economies policy and other times a political policy that is difficult to achieve mostly when is implemented in a corrupt setting like in most developing countries. However it is wise for a competitive and well
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The Privatization of Rhône-Poulenc‚ 1993 Every government is subject to political pressure and finding a consensus between political and financial aims is difficult. In practice‚ some choices may not further the company ’s long-term development. Regarding the main goals of the French government‚ the privatization of Rhône-Poulenc (RP) is supposed to raise funds (essential to cut budget deficit) and decrease new government participation in the French economy. Through privatization the
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As earth’s most valued resource moves further into scarcity‚ water privatization has become a fear for those who cannot afford its high prices‚ turning water into a privilege rather than a right. People all over the world have witnessed a shift in water accessibility as droughts continue to occur‚ and access to a reliable source of water is not as common as it once was. As water consumption is set to exceed supply by over 30% around 2040 (Interlandi‚ 68)‚ multinational companies have taken it upon
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Privatization of Public Enterprises in Bangladesh: Problems and Prospects By Tanweer Akram* *Academic Address: Department of Economics Columbia University New York‚ NY 10027 United States of America E-mail: ta63@columbia.edu JEL: L33 Dated: October 7‚ 1999 This paper can be downloaded from the Social Science Research Network Electronic Paper Collection: http://papers.ssrn.com/paper.taf?abstract_id=272605 2 Privatization of Public Enterprises in Bangladesh: Problems and Prospects
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PRIVATIZATION OF HIGHER EDUCATION – S.Divya Abirami Our university system is‚ in many parts‚ in a state of disrepair...In almost half the districts in the country‚ higher education enrolments are abysmally low‚ almost two-third of our universities and 90 per cent of our colleges are rated as below average on quality parameters... I am concerned that in many states university appointments‚ including that of vice-chancellors‚ have been politicised and have become
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is what one may think when hearing the word “water”. The topic of water privatization has many sides. The idea of privatization over water has been around for many years. The article “Looming Water Crisis” written by Peter Beher‚ is about two executive directors from different corporations stating their opinion on this subject. Terry L. Anderson is an executive director at the Hoover Institution. He is pro water privatization. Anderson explains that if water is privatized there would be an increase
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Space is for NASA not for Google! Private companies are trying their luck at space travel. One day you could possibly go up into space on a shuttle made by the same brand that makes your cellphone. There are lots of flaws to space privatization including it being unsafe‚ not going to work out long term‚ and the fact that America already has a space program. There have been several failed attempts at space travel by private companies before‚ and most of them looked promising. And most private companies
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October 2000 The Untapped Potential of Water Privatization By Edwin S. Rubenstein TABLE OF CONTENTS Executive Summary 1 Recommendations 4 Introduction 5 Competition in the Water Industry 8 How Big is the U.S. Water Industry? 11 Factors Driving Water Privatization 12 The Superiority of Privatization: A Statistical Analysis………………………… Can We Afford Water? Equity versus Efficiency 15 Privatization Models 17 Private Ownership 18 Rate of Return Regulation 19 Barriers
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