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If not enough private-sector bondholders were to agree to participate in the bond swap per the PSI requirement, the Greek government threatened to retroactively introduce a collective action clause to enforce participation. [14] Eventually, private-sector involvement reached 83,5% of Greek bond holders. [15]
The private sector employs most of the workforce in some countries. In private sector, activities are guided by the motive to earn money, i.e. operate by capitalist standards. A 2013 study by the International Finance Corporation (part of the World Bank Group) identified that 90 percent of jobs in developing countries are in the private sector. [1]
In the US, private prison facilities housed 12.3% of all federal prisoners and 5.8% of state prisoners in 2001. Contracts for these private prisons regulate prison conditions and operation, but the nature of running a prison requires a substantial exercise of discretion. Private prisons are more exposed to liability than state run prisons. [4]
Private sector involvement in the Colombian water sector began in 1995 in Cartagena, with support from the World Bank.It was followed by a second contract in Barranquilla in 1996 and more concessions in the next years in Santa Marta, Tunja, Montería, Palmira, Girardot, and Riohacha. [4]
"The private sector designs, builds and finances an asset and provides hard facility management or maintenance services under a long-term agreement." The owner (usually the public sector) operates the facility. This model is in the middle of the spectrum for private sector risk and involvement. [75] Design–build–finance–maintain–operate ...
Private sector involvement, the forced contribution of private sector creditors to a financial crisis resolution process Topics referred to by the same term This disambiguation page lists articles associated with the title Involvement .
Privatization (rendered privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when a heavily regulated private company or industry becomes less regulated.
Private sector involvement; Private-collective model of innovation; Privatisation in Australia; Privatization; Privileged group; Public property; Public Achievement; Public choice; Public good (economics) Public policy; Public private dialogue; Public sector; The Public Wealth of Cities; The Public Wealth of Nations; Public works; Public ...