Milton Friedman's advice to countries exiting from communism apparently was privatize, privatize, privatize .

So we decided to privatize many of our enterprises.

As opportunities appeared, we began to re privatize assets, and within a few years Securum was closed.

These problems are not America s alone, for they are inherent to all efforts to privatize social welfare.

India has opened up its economy to world trade and started to privatize many of its state owned industries (albeit often too slowly).

First, everywhere there is a sense of disgust at the way the recent boom seemed to privatize gains while the subsequent bust socialized losses.

Local governments could then privatize the massive assets that they have accumulated during years of rapid growth, using the proceeds to pay down their debt.

In Japan, the Koizumi government wants to privatize the behemoth postal service, whose giant financial arm is wrapped like a python around the country s banking system.

When the government tried to privatize the TCI, the Revolutionary Guards bought about 50 of the shares of the TCI through one of their affiliated companies.

First, they can simply nationalize the broken financial system and have the Treasury sort things out and re privatize the functioning and solvent parts as rapidly as possible.

But if one really thinks that free lunches exist, there is still no reason to privatize government could get the additional returns by investing in the stock market itself.

Much evidence points to the affair originating not in a systematic nationalization project, but rather in the Kremlin s perception that Khodorkovsky aimed to use his wealth to privatize the Russian state itself.

Early efforts to privatize Iraq s oil industry proved disastrous, confirming for many Iraqis that the occupying Americans were determined to steal the country s wealth and thus fanning the flames of violent resistance.

The government is struggling to upgrade education and technical training, to privatize commercial and industrial enterprises, to improve health services, to diversify exports, to promote tourism, and to reduce the high population growth rate.

In fact, the crisis became an opportunity, prompting China to join the World Trade Organization, implement reforms of its financial system and state owned enterprises (SOEs), list major banks publicly, and privatize civil service housing.

In this way, decisions about whether to privatize services which affect basic human rights, like water, education, health will be made with the voice and vote of those most affected by the results of those decisions.

Unlike the Chinese, the Bank has too often forgotten the most basic lessons of development, preferring to lecture the poor and force them to privatize basic infrastructure, rather than to help the poor to invest in infrastructure and other crucial sectors.

When the Georgian authorities announced plans to privatize the Inguri Power Plant and renew construction of the long stalled Khudoni Power Plant, slated to become Georgia s largest, RAO UES immediately began staking out a dominant role for itself in both projects.

Chinese analysts gleefully point out that, after having sung the liberalize, privatize, and let the markets decide song for so long, the United States and Britain took the lead in bailing out their financial giants at the first sign of trouble.

Unjust structural adjustment programs, ODA conditionalities and unfair trade agreements pressure undeveloped countries to privatize public services in ways that do not benefit the poor, limit the exercise of national sovereignty, and reduce the democratic involvement of citizens in their own water management.

When asked to choose between the risk of being known to posterity as the central banker who let the system collapse and the intangible future benefits of teaching risk takers a lesson, it does not take genius to predict the central banker s decision. Democracy tends to institutionalize moral hazard in sectors that are economically or politically important, such as finance or real estate, allowing them to privatize gains and socialize losses.