Kuwait government has one main revenue source: “oil”, and the population has one main source of revenue: “government salaries and projects”. Therefore, trying to increase government revenues by imposing taxes and raising rates, is a viscous circle and an exercise in futility. It Continue reading “Want Privatization? Go To Brazil!”
Is Privatization The Solution?
There is a prevalent misconception of privatization. On one hand, the concept of privatization is diverse and hence complex, with no universal consensus on why and where it may be applied, what it exactly entails, how it is to be implemented and what are its actual historical outcomes. On the other hand, heavy doses of public relations cosmetics have been applied to Continue reading “Is Privatization The Solution?”