Privatization Of Public Service Privatization - 1039 Words

Because governments found that they can not afford their varying brands of socialism in most of countries, privatization has been popular in the last decades. Public service privatization is the progress to transfer the public service, which is owned by governments, to the private firms whatever it is a profit or non-profit firms. As concerned, privatization can provide a lower price to public and more efficient services from privatised companies. However, it will also create some problems such as monopolies and decreasing employments. In addition, these problems can be solved by privatised companies regulated by governments and employees taking part in the corporation. As a result, selling public services or facilities to private firms benefit consumers because consumers may pay less but are served better, and there will be more efficiencies. Firstly, privatization is beneficial to public because consumers can get a lower or suitable price. To begin with, public can reach a lower price since governments can open the competition. For example, in Israel, the government increased the competition of mobile phone in 2011, then as a result, prices fell in 2011. As a response to the decreasing prices, the government got a number of satisfaction of their services in some industries, especially telecommunications (Gazit Sauer, 2014). In other words, the large competition has impact on the decreasing prices which contributes to consumers’ favour. Moreover, by using data onShow MoreRelatedThe Privatization Of Public Services2847 Words   |  12 Pages Youness Elhamidi PADM – 610 Public Management Research Paper (Week 8) Privatization of Public Services Dr. Timothy Bagwell Department of Public Administration American Public University Author Note Youness Elhamidi, Department of Public Administration, American Public University. 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