The privatization of the banking sector!

 
Author: Yasser incumbent

1/4/2016 0:00

Usually go out to talk at the mention of the private sector from the big successes achieved by a well without the slightest doubt, but for any sector speak Uwe any country? The answer will be self-evident in developed countries and then developing where the comparison between the two systems can not be holistic and private e in this stage after the heart of the equation was able to globalization for the benefit of the capitalist system.

If it has to be evidence of the above then you can imagine the size of the change in totalitarian countries on the impact of the requirements of the transition towards privatization and capitalist behavior, where the problem in our economy?

Privatization been many criticisms of which Hossaib including Mahoxhaib, Vsalhaa respect to the legitimacy of the rights of workers must be taken into account and Khaibha The sticks laid down by some of the failed administrations that have not been able to improve the conditions of its institutions, but Let me give you a simple example outside the context of this description to get to the standard brings us closer to the feasibility of privatization or not.

In the seminar the Institute of the progress of policies on the development of the banking sector and put forward a bold paper managed the reality of the banking sector, which it described as Palmtkhalaf characterization, the focus was on the private banking sector and calls for a reformed so that in line with the requirements of the age.

In contrast, the paper calls for the privatization of State-owned banks, to have been affected, but how if it was pre-judged a failure for the banks?

Therein lies the crux of the matter in the privatization process we starting rehabilitation of the banking sector and the development of his performance and then privatized in accordance with the concept of the successes of the private sector in his administration.

We conclude from the above that initially supposed to be the structuring of the government sector again after previous efforts failed until the rehabilitation of the private banking sector through the adoption of the principle of governance to assume such responsibility, the symposium diagnosed the issue very important to point out the entry Tarian to the profession, with the solution to this dilemma Privatization can be beneficial economic feasibility.


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