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She says that even though some U.S.-listed Chinese companies are pursuing go-private deals for short-term profits, but the current wave of privatization deals will be beneficial for China's stock market in the long term.
Time for a New Wave of Privatization?
He added that the first wave of privatization would be carried out "soon".
The Kremlin has been seeking the consolidation of industries that broke up in the 1990s wave of privatization.
Before the wave of privatization that became prominent in the 1990s, nearly one-half of working Tehrānis were employed by the government.
This inevitable wave of privatization will bring with it the added benefit of unleashing a corresponding wave of restructuring in what has become a grossly inefficient and bloated economy.
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That would be a blow to utility companies, many of which were bought by Spanish, Italian and French companies during a wave of privatizations of state-owned companies in the 1990's.
Even after a wave of privatizations in the 1990s, Italy's economy is still largely connected to the public sector, especially in lucrative areas like infrastructure and health care, and such contracts depend on good connections with the government.
In the first wave of privatizations, the Government raised $470 million by auctioning shares in the Unicer beer company, the Banco Totta e Acores and the Alianca and Tranquilidade insurance company.
That didn't work so well; therefore, since the days of Margaret Thatcher there have been wave after wave of privatizations in Europe and around the world.
Much of the National Bureau of Statistics' data collection is done by people who lost their previous jobs in the last decade's wave of privatizations.
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