Privitization meanings, methods and cases- a short note

Privitization is one of the cornerstone projects of the countries seeking to speed up their economic growth. It is the project of prioterizing the market mechanism by returning to it the functions unduly overtaken by the forces of the state. In more realistic terms, the domain of privitization may extend from total ceeding the ownership of publicly owned and opperated enterprises to the private sector at the one end of the spectrum to restructuring of government owned and opperated enterprises based on comercial principles at the other end. Therec are however certain prerequisite that need to be met before privitization can work effectively that for the most part amount to provision of an environment that is conducive to large scale and effective private sector engagement in economic activities. Contries that are more successful in providing this environmrnt are in a superior position to rip the advantages of privitizatios. A first task in the the study of privitization in varuis contries , therfore, is to study how suceessful they are in providing an environment conducve to privte sector opperatoions. This paper's focuss is on privitization in Iran; It includes an analysis of privitizations from the stand point of both the required environment including the institutional requirements and also of policies. The experience of privitizations in certain other countrires is reviewd in order to give the analysis a comparative perspective.

Keywords:

privitization preconditions , privitization policies , Iran's economy