Reprivatization of the economy

Extracted Attributes

• Methods

  Returning seized property, compensating uncompensated former owners, or reprivatizing state-held enterprises (e.g., banks).

• Barriers

  Larger political questions, desire to avoid inflammation of ethnic tensions, ostensible reversal of Potsdam Conference policies.

• Definition

  The process of restoring properties seized or otherwise nationalized from privately held owners by a government to privately held status.

• Reasons for State Control

  Nationalization, economic crisis, or other circumstantial factors.

• Associated Political Ideology

  Often associated with conservative or 'right-wing' market-oriented politicians and parties.

• Distinction from Privatization

  Reprivatization implies property came under government control circumstantially, while privatization is more often used for the transfer of property under long-term government control to private owners.

• Parties Seeking Reprivatization

  Former owners of nationalized property, including traditional nobility, Holocaust survivors and their descendants, and corporations.

• Consequence of Unresolved Issues

  Can be a barrier to foreign investment due to disputed or faulty property titles.

Timeline

• Margaret Thatcher's government in the UK began a campaign involving reprivatization to address economic difficulties and change the role of the state in the British economy. (Source: Web Search Results)

  1979-05-04

• Mentioned as a broader strategy for the 'First 100 Days of Trump 2.0' by David Sacks, including dismantling DEI programs. (Source: Document 44a07cad-2323-4212-9339-0c55198fbc83)

  Future (implied)

Reprivatization

Reprivatization refers to the process of restoring properties seized or otherwise nationalized from privately held owners by a government to privately held status. This may include returning seized property or compensating uncompensated former owners, or reprivatizing state held enterprises to new owners, especially banks, which were privately founded but came under state control due to economic crisis or other factors. The latter scenario is sometimes referred to as privatization, though scholars have specifically referred to the sale of nationalized Mexican and Korean banks to private shareholders as reprivatization. The terms reprivatization and privatization are sometimes used to describe similar processes. The term privatization is more often used to describe the transfer of property under long-term government control to private owners, while reprivatization implies the property being returned to privately held status came under government control on a circumstantial basis. Both terms have been used in connection with larger privatization schemes in the former Soviet Bloc, particularly the process of assigning new property rights. Reprivatization to private owners has been sought by any number of parties whose property has been nationalized, including the traditional nobility in certain areas of Europe, Holocaust survivors, their descendants, and other survivors of persons who died in Nazi death camps and whose property was confiscated by the Nazis or by later Communist states and disposed of in various ways; and by corporations. A significant barrier to reprivatization is created by larger political questions, which vary by country. In Eastern Europe, there is frequently a desire to avoid the inflammation of ethnic tensions and the ostensible reversal of Potsdam Conference policies; see Federation of Expellees. Outstanding reprivatization issues can sometimes be a barrier to foreign investment, as investors are wary of investing in a property to which the title is disputed or faulty.

Web Search Results

• Reprivatization - Wikipedia

  Reprivatization refers to the process of restoring properties seized or otherwise nationalized from privately held owners by a government to privately held status. This may include returning seized property or compensating uncompensated former owners, or reprivatizing state held enterprises to new owners, especially banks, which were privately founded but came under state control due to economic crisis or other factors. The latter scenario is sometimes referred to as privatization, though [...] Most often, when discussing reprivatization, it turns to the example of Margaret Thatcher. After becoming prime minister in 1979, she decided to handle the economic difficulties faced by the United Kingdom at the time by engaging in a campaign against the trade unions and changing the role of the state in the British economy. One of the ways to implement the plan was to choose reprivatization. [...] scholars have specifically referred to the sale of nationalized Mexican and Korean banks to private shareholders as reprivatization. The terms reprivatization and privatization are sometimes used to describe similar processes. The term privatization is more often used to describe the transfer of property under long-term government control to private owners, while reprivatization implies the property being returned to privately held status came under government control on a circumstantial basis.

• [PDF] Table 2. Privatisation across countries - ifo Institut

  privatisation in a broader sense, as the downsizing of the economic activity of the State (López-de-Silanes, Shleifer, Vishny, 1995). Actually, in many countries over the last 20 years, the State withdrew from the public provision of private and public goods and services. But this process very often went beyond the privatisation as we define it, namely as the transfer of ownership and control of State-owned enterprise. In some cases (from the USA to Europe and Italy) the State outsourced the [...] 2.1 Political preferences It is often argued that privatisation has a political dimension. Conservative parties are believed to be more prone to privatise the economy than socialist or Christian-democratic parties. Indeed, large scale privatisation programmes have been often associated with the leadership of “right wing” market-oriented politicians. And the Thatcher’s government in UK is the typical example. [...] Privatisation contributes directly to balance public finances. First, if inefficient State-owned enterprises are no longer financed by the government after privatisation, subsidies and transfers are cut, with a reduction of expenditures, and an improvement in the primary deficit.

• What is the Process for Reprivatization of Banks? | PBS News

  Politics Arts Nation World Economy Science Health Education Education ## Federal Funding Zeroed Out. #### Get news alerts from PBS News ##### Turn on desktop notifications? Leave your feedback # What is the Process for Reprivatization of Banks? Lehman Brothers; AP photo Lehman Brothers; AP photo [...] Question/Comment: If the banks are nationalized and become healthy again, what is the process for reprivatization? Do stockholders on record as of the date of nationalization have any priorities when the banks are reprivatized? How did Sweden manage this process? Paul Solman: Under any proposal I’ve seen, the shareholders are wiped out. Period. What kind of priority would one imagine? A discount on the new stock issue? First right of refusal to buy shares? [...] In the accounts I’ve read of the Swedish takeovers, the shareholders of the nationalized banks were left with nothing. The banks that recovered, under government ownership, were later sold to new private investors. Someone please write to the Business Desk to tell me if I’m wrong. Support PBS News Hour Safeguard the independent, trusted journalism millions rely on at PBS News Hour. Donate now

• Advantages and problems of privatisation - Economics Help

  Privatisation involves selling state-owned assets to the private sector. It is argued the private sector tends to run a business more efficiently because of the profit motive. However, critics argue private firms can exploit their monopoly power and ignore wider social costs. Privatisation is often achieved through listing the new private company on the stock market. In the 1980s and 1990s, the UK privatised many previously state-owned industries such as BP, BT, British Airways, electricity [...] It is full right detail about privatisation, it’s true that privatisation will be good for Economy and developing of India. But I appear that Some sector such as Health sector, Education sector, Railway sector should’nt privatised. because of this the monopoly will be grow fastly between them. [...] The main argument for privatisation is that private companies have a profit incentive to cut costs and be more efficient. If you work for a government run industry managers do not usually share in any profits. However, a private firm is interested in making a profit, and so it is more likely to cut costs and be efficient. Since privatisation, companies such as BT, and British Airways have shown degrees of improved efficiency and higher profitability. 2. Lack of political interference

• REPRIVATIZATION definition | Cambridge English Dictionary

  Add reprivatization to one of your lists below, or create a new one. {{message}} {{message}} Something went wrong. {{message}} {{message}} Something went wrong. {{message}} {{message}} There was a problem sending your report. {{message}} {{message}} There was a problem sending your report. [...] Cambridge Dictionary # Meaning of reprivatization in English Your browser doesn't support HTML5 audio Your browser doesn't support HTML5 audio You can also find related words, phrases, and synonyms in the topics: ## Translations of reprivatization Get a quick, free translation! ## Browse {{randomImageQuizHook.quizId}} {{randomImageQuizHook.quizId}} Word of the Day clear something out to tidy a place by getting rid of things that you do not want [...] Up north and down south: prepositions for expressing directions Blog Up north and down south: prepositions for expressing directions <p>tadpole water New Words tadpole water © Cambridge University Press & Assessment 2025 © Cambridge University Press & Assessment 2025 ## Learn more with +Plus ## Learn more with +Plus Cambridge Dictionary Cambridge Dictionary To add reprivatization to a word list please sign up or log in.