Under a national economic reform program, a government-owned seaport authority was restructured to operate as a self-sustaining corporate entity aimed at making profit, without any transfer of equity to private investors or removal of state ownership. Which structural reform policy does this transformation illustrate?
- CommercializationCevap
- BOutright privatization
- CMarket deregulation
- DIndigenization
Cevap
Commercialization
Commercialization is the policy where state-owned enterprises are restructured to operate strictly on commercial principles to earn profit and remain financially independent, while the state retains full ownership.
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Anahtar Kavram
Commercialization of Public Enterprises
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