Definition: Privatization

Category: SNA

Privatization is usually understood to consist of the sale of shares or other equity held by government in a public corporation to other units (§ 22.139). http://ec.europa.eu/eurostat/ramon/statmanuals/files/SNA2008.pdf
Source:
European Commission (Eurostat), International Monetary Fund (IMF), Organisation for Economic Co-operation and Development (OECD), United Nations (Statistics Division), World Bank, "System of National Accounts 2008", United Nations, New York, 2009
Created:
Updated: