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What is Privatization

Handbook of Research on Transnational Higher Education
Decreased public funding and support of higher education leading to the institution seeking private revenue streams and operating increasingly with the characteristics of a private enterprise.
Published in Chapter:
Global Accreditation for a Knowledge-Oriented Community: Foundational Change breeds Global Access to Educational and Economic Opportunity
Henry C. Alphin (Drexel University, USA)
Copyright: © 2014 |Pages: 26
DOI: 10.4018/978-1-4666-4458-8.ch016
Abstract
Faculty, administrators, businesses, accrediting agencies, and other institutions concerned with higher education quality must act to provide a framework for international higher learning standards, particularly concerning e-learning and access in developing countries. Higher education internationalization efforts will continue through the use of IT, increased mobility, the knowledge economy, and an integrated world economy (Altbach & Knight, 2007). Global accreditation will help to assure quality and increase options to improve access. A global accreditation model would provide the impetus for a knowledge-oriented global community that provides access to students in developing countries, as well as traditional and non-traditional learners. The chapter examines key forces shaping the transformation and globalization of higher education, international entities taking a global approach to quality assurance and accreditation, and key concepts in development and implementation of quality assurance at the global level. Finally, the chapter concludes with future implications in the ongoing development of global accreditation.
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The Local Government Economics in Globalization Process
The transfer of all or part of the property of public assets to private enterprises.
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Liberalization of Telecommunications Sector
Sale or transfer of publicly owned industry or business to private ownership and control.
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A “New” Public Sector in the Modern Age
Legal-economic process that shifts the ownership of an entity or company from state control to private control. The opposite process is the nationalization.
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The Viability of Establishing Capital Market in Developing Countries: The Case of Ethiopia
The transfer of ownership, property or business from the government to the private sector.
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An Overview of IT Outsourcing in Public-Sector Agencies
Privatization is the conversion of a government-owned enterprise to private ownership and operation. The theory behind privatization is that private enterprises run more effectively and offer better service.
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Decentralization of the Water Industry in the Context of Economies in Transition: On the Example of the Czech Republic From 1992-1998
Change of public (state) ownership into private; usually, this term is used for the transfer of state-owned property to private property. The opposite process is the purchase of private property by the state or its nationalization.
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The Changing Mission and Nature of Partnerships in Public Universities
Taking governmental public functions and transferring this responsibility to private corporations.
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