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unusual facts about Privatization



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Accumulation by dispossession

Margaret Thatcher's program for the privatization of social housing in Britain was initially seen as beneficial for the lower classes which could now move from rental to ownership at a relatively low cost, gain control over assets and increase their wealth.

Adilbek Dzhaksybekov

Zhaksybekov and Abdul Hafeez Sheikh, the Pakistani Minister for Investment and Privatization, signed a trade agreement on 8 December 2003.

Alberta Gaming and Liquor Commission

Under Municipal Affairs Minister Steve West, privatization was carried out in a strictly business-like manner.

Altaf M. Saleem

He joined the Government of Pakistan in October 1999 and served as the Federal Minister for Privatization and Chairman Privatization Commission till November 2002.

Andy Pasztor

Immediately following SpaceX's inaugural launch of the Falcon 9 rocket, Andy Pasztor wrote in a WSJ article titled "SpaceX Illustrates Privatization Risk" on June 7, 2010 alleging that SpaceX claimed it would require $1 billion to build a launch escape system for its rocket, and that the company would likely require future assistance from US taxpayers.

Babelsberg Studio

2007 was the most profitable year since the Studio's privatization in 1992 - 12 feature films were shot at Studio Babelsberg, among them Valkyrie with Tom Cruise, The International with Clive Owen, and The Reader with Kate Winslet.

Baltimore municipal strike of 1974

The city itself, losing many tax-paying residents to the suburbs, was already suffering from budget shortfalls and beginning to shift toward privatization of services.

Bottled water

The United Church of Christ, United Church of Canada, National Council of Churches, National Coalition of American Nuns, and Presbyterians for Restoring Creation are among some of the religious organizations that have raised questions about whether or not the "privatization" of water is ethical.

Bubalo

Predrag Bubalo, the former Minister of Industry and Privatization in the Government of Serbia from October 2004

Camisea Gas Project

The key legal advisors in the transaction were Jaime Malagón, Jerome Jakubik, Paul Slocomb, and Víctor M. Marroquín of Baker & McKenzie, the international law firm retained by the Peruvian Government to advise on all privatization processes.

Christophe Naudin

Before 1995, he was instructor in aviation security for the French swat police (CRS – Compagnie Républicaine de Sécurité) for airport security and border control, before the pre-privatization measures with the equivalent of TSA Transportation Security Administration.

Citibank Argentina

The president of Citicorp Argentina during the 1990s, H. Richard Handley, had been raised in Argentina with the chairman of Citigroup at the time, John S. Reed, and obtained his support for the bank's lucrative participation in the 1990 sale of the state telephone concern ENTel.

East Nippon Expressway Company

The company was established on October 1, 2005 as a result of the privatization of Japan Highway Public Corporation.

Economy of Honduras

The government also assumed continued financial responsibility for the construction of a new airstrip in the area of timber extraction, upgrading facilities at Puerto Castilla and Puerto Lempira, and providing electricity at reduced prices to lumber concerns as part of the privatization package.

Economy of Seychelles

In 1995, Seychelles saw the privatization of the Seychelles Tuna Canning Factory, 60% of which was purchased by the American food company Heinz.

Electricity market

The earliest introduction of energy market concepts and privatization to electric power systems took place in Chile in the early 1980s, in parallel with other market-oriented reforms associated with the Chicago Boys.

Ernie Eves

As Minister of Finance, Eves also oversaw two controversial privatization initiatives: the long-term lease of the Bruce nuclear generating station to British Energy and the 99-year lease of Highway 407 to a consortium of mainly foreign investors.

Eyal Gabbai

This period was characterized by vigorous privatization of state companies, including El Al, Bezeq, Israel's Oil Refineries and Zim, selling shares in a total value of 14b NIS in an unprecedented privatization spree.

Faure Gnassingbé

He was elected to the National Assembly of Togo in the October 2002 parliamentary election as a Deputy for Blitta, and in the National Assembly he was coordinator of the commission in charge of privatization.

Girobank

The Alliance & Leicester Group won a bidding process for the Girobank operation in 1989 when the government decided to privatise it.

Grigory Yavlinsky

With the launching of the 'shock therapy' reforms by Yeltsin and Gaidar in January 1992, Yavlinsky became an outspoken critic of these policies, emphasizing differences between his and Gaidar's reforms program (such as the sequencing of privatization vs. liberalization of prices and the applicability of his program to the entire Soviet Union).

HBL Pakistan

On 13 June 2002, Pakistan's Privatization Commission announced that the Government of Pakistan would grant the Aga Khan Fund for Economic Development (AKFED), a subsidiary of the Aga Khan Development Network, majority ownership of HBL against an AKFED's investment in the bank.

Inmos

Under the privatization policy of Margaret Thatcher the National Enterprise Board was merged into the British Technology Group and had to sell its shares in Inmos.

Jaime Morgan Stubbe

Appointed by the Governor of Puerto Rico, Pedro Rossello in 1993, as Executive Director of Navieras, he was responsible for the privatization of Navieras de Puerto Rico, an entity created in the 1970s when during the first administration of Governor Rafael Hernández Colón the government of Puerto Rico bought out the assets of the largest shipping line serving the mainland United States-Puerto Rico market.

Japanese political values

So called "assassin candidates", with a pro-postal privatization agenda, were set against the "postal rebels", critics of postal reform, who were cast out of the LDP but still had local ties in their voting districts.

JNR dismissal lawsuit

On December 5, 2006, at the Tokyo District Court, more than 500 Kokuro members, the union itself, and relatives of workers who died since the privatization planned to launch a 30 million yen damages lawsuit over the refusal to rehire the workers, making a total of 540 plaintiffs suing the Japan Railway Construction, Transport and Technology Agency.

23 years after the original privatization, on June 28, 2010, the Supreme Court settled the dispute between the workers and the Japan Railway Construction, Transport and Technology Agency.

José Piñera

Economist Paul Craig Roberts, who is known as the "Father of Reaganomics", has noted, that "Chile was the first country in the world to privatize Social Security. José Piñera played the key role. Privatizing the pension system would have been enough to earn José Piñera his place in history, but he also oversaw the privatization of health care".

Kansas City Southern de México

It was the Mexican President, Ernesto Zedillo who proposed the privatisation of the Mexican railways because the Mexican railway system had fallen into a state of disrepair and needed drastic work to become profitable.

Kiev Roshen Factory

Petro Poroshenko acquired control over the factory soon after its privatization in the 1990s, making it the basis for the future Roshen Corporation; a major modernization with Western equipment followed.

LatinFinance

During this period LatinFinance was primarily focused on debt, covering banks' attempts to reduce their exposure to LDC debt, sovereigns' efforts to restructure their debt and raise fresh capital through amongst other things privatization, and the secondary markets activity that grew from this.

Oliver Ressler

Many of Ressler’s works have been realized in collaborations: “Boom!” focuses on the central contradictions of globalized capitalism (with David Thorne), “European Corrections Corporation” on the phenomenon of prison privatization (with Martin Krenn), and “What Would It Mean To Win?” on the protests against the 33rd G8-summit in Heiligendamm (with Zanny Begg).

Panna-Mukta oilfield

Following a privatization policy a Reliance - Enron consortium gained a 25-year lease on the oil field in February 1994.

Patrol

The privatization of police is explored in James Pastor's book The Privatization of Police in America: An Analysis and Case Study.

Paute Dam

After the privatization of power generation that began in 1996 under the government of Sixto Durán Ballén, the dam passed into the hands of the company Hidropaute SA and then returned to state ownership during the government of Rafael Correa when Hidropaute became part of the Ecuador Electricity Corporation (Corporación Eléctrica del Ecuador, CELEC).

Postwar Britain

Privatization was an enduring legacy of Thatcherism; it was accepted by the Labour administration of Tony Blair.

Power Holding Company of Nigeria

In 2007, the Bureau of Public Enterprises hired CPCS Transcom Limited, an international consulting firm based in Ottawa, Ontario, to provide advice about the best ways to move forward with the privatization of the country's 11 distribution companies and the 6 generation companies.

Puente Alsina railway station

As part of the privatization of the Argentine railways in 1990’s the private company Metropolitano was granted a concession to operate the service, part of the Linea Belgrano Sur, as far as General Belgrano, from 1 May 1994.

Rakı

The best-known and popular brands of raki, however, remain Yeni Rakı, originally produced by Tekel, which transferred production rights to Mey Alkol upon the 2004 privatization of Tekel, and Tekirdağ Rakısı from the region of Tekirdağ, which is famous for its characteristic flavor, believed to be due to the artesian waters of Çorlu used in its production.

Ruth Plato-Shinar

Since 2012 she has served as a researcher at the Van Leer Jerusalem Institute, participating in the project of “State responsibility, Boundaries of Privatization and the Issue of Regulation”, and coordinating the field of banking regulation.

Tenryū Hamanako Railroad Tenryū Hamanako Line

With the privatization of the Japan National Railways on March 15, 1987, the operations of the former Futamata line were taken over by the newly created third sector (in Japanese sense) Tenryū Hamanako Railroad

The Permanent Way

Incidents covered in the play include the passing of the Railways Act 1993 setting out the structure of rail privatization and the survival and bereavement stories resulting from the rail crashes of Southall, Ladbroke Grove, Hatfield, and Potters Bar.

Valentin Ionescu

Valentin Marian Ionescu (born September 3, 1961, Bucharest, Romania) is a Romanian lawyer, former presidential advisor to the President of Romania Emil Constantinescu (between September 5, 1997 and December 12, 1997) and subsequently Minister of Privatization (December 1997 - April 14, 1998).

Water privatization in Chile

The privatization of water in Chile was undertaken from 1998 to 2005 under the democratically elected governments of Eduardo Frei and Ricardo Lagos.

Wisconsin Highway 100

With the privatization and redevelopment of the County Grounds including Muirdale and the expansion of Froedtert Hospital and the Medical College of Wisconsin there will be increasing pressure to develop the last large parcels of adjacent privately owned open space in the area; and there will likely be additional traffic pressures placed on this onetime Lovers Lane.

Workspace Group

Founded in 1987 by the privatisation of property assets of the former Greater London Council, the company lets office, industrial and workshop space to small and medium-sized enterprises.

Yasuhiro Nakasone

A contemporary of Brian Mulroney, Ronald Reagan, Helmut Kohl, François Mitterrand, Margaret Thatcher, and Mikhail Gorbachev, he is best known for pushing through the privatization of state-owned companies, and for helping to revitalize Japanese nationalism during and after his term as prime minister.


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