THE POLITICAL AND economic policy of privatization, broadly defined as the deliberate sale by a government of state - owned enterprises (SOEs) or assets to private economic agents, is now in use worldwide. Sine its introduction by Britain's Thatcher government in the Early 1980s to a then - skeptical public (that included many economists), privati - zation now appears to be accepted as a legitimate - often a core - tool of state - craft by governments of more than 100 countries.
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