Adoption of privatization for the transition to a market economy
Adoption of privatization for the transition to a market economy
8/4/2015 0:00
Building on the foundations of a minute and procedures
Baghdad – the joy of pumice
in line with the advancement of the various sectors in the country and the transition to a market economy requirements as stipulated in the Constitution, an economist called to follow the style of privatization on the basis of accurate, objective and procedures.
economist Reza Ragheb Blibl said “morning “The private sector orientation determines that have a significant role in shaping economic policy and move toward a market economy, it is a subject of interest after the process of change.
He Blibl that privatization must be based on the successful foundations without following the swift measures caused problems in the community, and taking into consideration the conditions of surplus labor for projects metamorphic, especially that of the private sector operates according to the economic feasibility and the extent of the project’s success, he says.
adopted some developing countries, the privatization policy key to factors such as funding problems resulting from the achievement of the trade deficit in the balance of payments and public budgets, as it turned out some units the public sector to the private sector, especially as it (privatization) containing the radical changes in the curriculum of the political, economic and social state, led to a change in behavior and production units and services.
He believed that privatization is developing the economy in the country where contribute to increasing growth rates in GDP and keep up with technology Global, stressing the need to develop controls for the transformation process, the most important of the sold projects or factories for the professionals and not commercially.
As Blibl stressed the need to form a committee to considering each project accurately and integrated, in order to qualify for work, production and development lines and make it according to the mechanics certified objectively, and by Feasibility study of the transition, so as to achieve a breakthrough in GDP, as well as the provision of market needs and operation of labor.
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