HERE IS POSSIBLY A NEW VERSION OF PRIVATIZATION
HERE IS POSSIBLY A NEW VERSION OF PRIVATIZATION Here is a fair warning for everyone: this essay contains my personal opinions. If you are threatened or disturbed by what I am about to say, just keep cool. These are only opinions, harmless words that are not meant to harm anyone. These ideas, controversial as they may be, were born out of my desire to build a better country, not only for the present generation but also for generations yet to come. Admittedly, these ideas may not have been widely practiced in the public sector, but similar arrangements appear to have worked in the private sector. I may even have to invent a few new words to explain concepts that are not yet familiar. Let me use toll roads as an example. Under the conventional Build-Operate-Transfer (BOT) arrangement, private contractors build toll roads, operate them and collect toll revenues to recover their investments and earn profits. That is understandable. Investors must make money. But what happens when the suppos...