Privatisations must heed lessons of the past
The sales of state-owned enterprises have not always gone well in the past, so privatisations must be dealt with carefully in order not to affect the services they provide, write Dr Dónal Palcic and Dr Eoin Reeves
The recently published report by the Review Group on State Assets and Liabilities makes a welcome contribution to thinking about the future of Ireland’s state-owned enterprise (SOE) sector. Although the report advises against a fire sale of assets, it still recommends that the sale of assets in strategically important sectors such as airports, ports, gas and electricity should be considered.
The infrastructure in these sectors is an important driver of Ireland’s competitiveness, and...
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