The Reagan Years: Privatization’s Coming out Party Ronald Reagan’s 1980 election was the opportunity conservatives hoped for to downsize government and privatize public services. Who was the first to use the privatization? The first mass privatization of state property occurred in Nazi Germany between 1933 and 1937: “It is aRead More →

Fiscal policy can be distinguished from monetary policy, in that fiscal policy deals with taxation and government spending and is often administered by a government department; while monetary policy deals with the money supply, interest rates and is often administered by a country’s central bank. What are the instrument ofRead More →

A divestiture is an important means of creating value for companies in the mergers, acquisitions, and the consolidation process. For example, a merger might create redundant operations and businesses. Through divestiture, the company can improve operational efficiency and reduce costs. In what conditions do the firm use disinvestment strategy? BusinessesRead More →