Friday, June 5, 2009

privatization and de-nationalisation on the emerge.


One unique policies of the new government is privatization. Its seems they have a vision on this policy. A mental picture of this leading to a more prosperous and a thriving Maldives probably in their terms ‘’the other Maldives’’.

In any developed societies there comes a transition, a change over, from glooming days to a prosperous era. And in most of those countries, this economic transition was brought with the help of privatization. It changes from an era of darkness to flourishing days.

One example is the UK.late 1970s privatization policy was first used in UK. Elected in 1979, the Conservative government led by Margaret Thatcher favoured increasing competition. At the same time, ministers were obliged to address the problem of government budget deficits. After this there was no looking back. By 1990 42 major businesses employing almost 900,000 people had been sold off, with large privatisations planned to continue into the middle of the decade. Although there were so much of criticisms just like that in Maldives. At that time in UK, a former prime minister, Harold Macmillan, famously grumbled about "selling the family silver", and had the Labour Party been elected in 1987, they would have reversed the process.
In the Maldives critics says it is selling the assets of the country there by affecting the sovereignty and Islamic faith of the nations. 
Anyways this is the time for change, change of governments, change of people, change of minds and change of policies in line with the 21st century for a better Maldives.


5 comments:

  1. hiyeh nuvey privetization ge bil thah pass vaane hen majilis in..

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  2. They need to do that if they are to fulfill the dreams of the people of this country

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  3. Did they privetize the services to the local firms or to foreigners? I think they should have used the local firms. If we use the foreign firms, half of each projects income will move out of the country in forign currency. Do you think we will be paying for our service in foreign currency. No. The foreign currency, we get from tourism sectors will move out of the country, and there will be a short in foriegn currency in the country. This govt doesnt care what happens to us as long as they get their commision.

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  4. so are we talking abt keeping the same old hospitals that aren't provide adequate services forcing us maldivians to spend milions of dollar anually to abroad? isn't this direct freign currency moving out of the country? foreign investments bring in foreign currency to the country.it provides quality services to the people within the country.isn't this good? during the last 30 yrs,privatisation is not carried out to save foreign currency,if so then where r all those currencies?

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