privatization
みんえいか
Noun, Participle, Verb
1.
privatization, privatisation
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政府は公共サービスの民営化を進めている。
The government is promoting the privatization of public services.
鉄道会社の民営化は、競争を促進し、効率化をもたらした。
The privatization of the railway company promoted competition and brought about efficiency.
多くの国で、財政再建の一環として国有企業の民営化が実施された。
In many countries, the privatization of state-owned enterprises was carried out as part of fiscal reconstruction.
民営化によって、サービスの質が向上する一方で、料金が高騰する可能性も指摘されている。
While privatization may improve service quality, there are also concerns that prices could soar.
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