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Monday, 22.03.2010.

14:58

IMF: Public companies should be privatized

IMF's Bogdan Lissovolik says that with the recovery of the world economy the process of privatization of public companies in Serbia should be resumed.

Izvor: Tanjug

IMF: Public companies should be privatized IMAGE SOURCE
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5 Komentari

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Bolivar

pre 14 godina

The IMF & WB are arms of USA foreign policy and no longer have any credibility left.They want to privatise (pirateise) the profits but nationalise the losses. Welcome to the Western Anglo-American-Israeli New World Order. SAY NO TO THE N.W.O. !

sj

pre 14 godina

(realist, 22 March 2010 22:46)
It actually bombed Serbia because the Milosevic government refused the US a base in Kosovo. The bonus was the privatisation of strategic assets at rock bottom prices to democratic loving corporations in the west.
For your information once an asset is privatized the new company strips all “non-core” functions and either sells those parts or simply closes them down. For example, if energy is privatised the community obligation of free street lighting or energy supplies to charities are eliminated. The government then has to step in and provide subsidises at taxpayer’s expense. You sell the company spend the money but are still stuck with helping the poor and no income other than tax.
There are dozens and dozens of examples where private companies have not done a better job than government-owned corporations. It’s fine for the first few years then they hit the consumer with price rises. During the initial part of privatization many companies are formed and sell competativley energy, but one by one these companies will be acquired until you have a cartel. Then watch the prices rises. The first signs are statements like “we need to sell to a much larger company because scales of economy blah, blah……..”

“Serbia wouldn't be in the same situation it is today………. it comes from unprofitable state run companies borrowing hundreds of millions a year just to stay alive….”

If that is the case why have the US or EU governments helped out their industries, banks and other financial institutions? Isn’t the US a capitalist country????? Once you answer this question you will understand why Serbia had to prop up some of it industry.

realist

pre 14 godina

You are both nut jobs if you think the "west" bombed Serbia for its companies. The cost of waging a war far out exceeds the worth of any of our companies.

If you had any understanding for business you would know private companies are always more successful than state run companies because they offer competative pricing and better quality service/products.

Serbia wouldn't be in the same situation it is today with its large debt atleat the public debt anyway. A huge part of it comes from unprofitable state run companies borrowing hundreds of millions a year just to stay alive and the kicker is they can't produce a profit so they cant pay of teir debt!

wirehaired

pre 14 godina

gav.
you are spot on,thats what the attack on the FRY was about plundering the assets of Serbia,not privatisation but piratisation.

gav

pre 14 godina

So there you have it in plain english at last:

Every common asset, your whole infrastructure, should be up for grabs (to western companies and states) so that no money find their way into your tax-funds ("democracy, anglo-american way".

This is why they bombed you to hell and still are hell-bent on finnish what they started. "If you dont open your door voluntarily we shall do it by force"

gav

pre 14 godina

So there you have it in plain english at last:

Every common asset, your whole infrastructure, should be up for grabs (to western companies and states) so that no money find their way into your tax-funds ("democracy, anglo-american way".

This is why they bombed you to hell and still are hell-bent on finnish what they started. "If you dont open your door voluntarily we shall do it by force"

realist

pre 14 godina

You are both nut jobs if you think the "west" bombed Serbia for its companies. The cost of waging a war far out exceeds the worth of any of our companies.

If you had any understanding for business you would know private companies are always more successful than state run companies because they offer competative pricing and better quality service/products.

Serbia wouldn't be in the same situation it is today with its large debt atleat the public debt anyway. A huge part of it comes from unprofitable state run companies borrowing hundreds of millions a year just to stay alive and the kicker is they can't produce a profit so they cant pay of teir debt!

wirehaired

pre 14 godina

gav.
you are spot on,thats what the attack on the FRY was about plundering the assets of Serbia,not privatisation but piratisation.

sj

pre 14 godina

(realist, 22 March 2010 22:46)
It actually bombed Serbia because the Milosevic government refused the US a base in Kosovo. The bonus was the privatisation of strategic assets at rock bottom prices to democratic loving corporations in the west.
For your information once an asset is privatized the new company strips all “non-core” functions and either sells those parts or simply closes them down. For example, if energy is privatised the community obligation of free street lighting or energy supplies to charities are eliminated. The government then has to step in and provide subsidises at taxpayer’s expense. You sell the company spend the money but are still stuck with helping the poor and no income other than tax.
There are dozens and dozens of examples where private companies have not done a better job than government-owned corporations. It’s fine for the first few years then they hit the consumer with price rises. During the initial part of privatization many companies are formed and sell competativley energy, but one by one these companies will be acquired until you have a cartel. Then watch the prices rises. The first signs are statements like “we need to sell to a much larger company because scales of economy blah, blah……..”

“Serbia wouldn't be in the same situation it is today………. it comes from unprofitable state run companies borrowing hundreds of millions a year just to stay alive….”

If that is the case why have the US or EU governments helped out their industries, banks and other financial institutions? Isn’t the US a capitalist country????? Once you answer this question you will understand why Serbia had to prop up some of it industry.

Bolivar

pre 14 godina

The IMF & WB are arms of USA foreign policy and no longer have any credibility left.They want to privatise (pirateise) the profits but nationalise the losses. Welcome to the Western Anglo-American-Israeli New World Order. SAY NO TO THE N.W.O. !

gav

pre 14 godina

So there you have it in plain english at last:

Every common asset, your whole infrastructure, should be up for grabs (to western companies and states) so that no money find their way into your tax-funds ("democracy, anglo-american way".

This is why they bombed you to hell and still are hell-bent on finnish what they started. "If you dont open your door voluntarily we shall do it by force"

wirehaired

pre 14 godina

gav.
you are spot on,thats what the attack on the FRY was about plundering the assets of Serbia,not privatisation but piratisation.

realist

pre 14 godina

You are both nut jobs if you think the "west" bombed Serbia for its companies. The cost of waging a war far out exceeds the worth of any of our companies.

If you had any understanding for business you would know private companies are always more successful than state run companies because they offer competative pricing and better quality service/products.

Serbia wouldn't be in the same situation it is today with its large debt atleat the public debt anyway. A huge part of it comes from unprofitable state run companies borrowing hundreds of millions a year just to stay alive and the kicker is they can't produce a profit so they cant pay of teir debt!

sj

pre 14 godina

(realist, 22 March 2010 22:46)
It actually bombed Serbia because the Milosevic government refused the US a base in Kosovo. The bonus was the privatisation of strategic assets at rock bottom prices to democratic loving corporations in the west.
For your information once an asset is privatized the new company strips all “non-core” functions and either sells those parts or simply closes them down. For example, if energy is privatised the community obligation of free street lighting or energy supplies to charities are eliminated. The government then has to step in and provide subsidises at taxpayer’s expense. You sell the company spend the money but are still stuck with helping the poor and no income other than tax.
There are dozens and dozens of examples where private companies have not done a better job than government-owned corporations. It’s fine for the first few years then they hit the consumer with price rises. During the initial part of privatization many companies are formed and sell competativley energy, but one by one these companies will be acquired until you have a cartel. Then watch the prices rises. The first signs are statements like “we need to sell to a much larger company because scales of economy blah, blah……..”

“Serbia wouldn't be in the same situation it is today………. it comes from unprofitable state run companies borrowing hundreds of millions a year just to stay alive….”

If that is the case why have the US or EU governments helped out their industries, banks and other financial institutions? Isn’t the US a capitalist country????? Once you answer this question you will understand why Serbia had to prop up some of it industry.

Bolivar

pre 14 godina

The IMF & WB are arms of USA foreign policy and no longer have any credibility left.They want to privatise (pirateise) the profits but nationalise the losses. Welcome to the Western Anglo-American-Israeli New World Order. SAY NO TO THE N.W.O. !