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Submitted by Peter Fane on
It is not that the question is very general, it is that it lacks structure to obtain a sensible answer. Everything should be cost-benefit related. And on a relative basis, even in emerging markets and developing economies, a privately owned organization will perform better than a public owned enterprise in terms of delivering goods or services at lowest cost, as long as any government incentive (subsidy or community service obligation payment to the service provider) is properly structured and monitored. As long as the government does not act in a way that prohibits or resptricts the development of the private sector, it will do a far more efficient job than a public sector counterpart!