Denationalization: meaning, definitions and examples
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denationalization
[ diːˌnæʃənəlaɪˈzeɪʃən ]
economics
The act of transferring a previously government-owned enterprise or industry to private ownership and control.
Synonyms
Examples of usage
- Denationalization of the railway system led to increased efficiency and competition in the market.
- The denationalization of the telecommunications sector resulted in improved services for consumers.
politics
The process of reducing the role and involvement of the state in economic activities.
Synonyms
decentralization, liberalization
Examples of usage
- Denationalization of industries can lead to a more competitive market environment.
- The denationalization policy aimed to promote private sector growth and innovation.
Translations
Translations of the word "denationalization" in other languages:
🇵🇹 desnacionalização
🇮🇳 राष्ट्रीयकरण हटाना
🇩🇪 Entnationalisierung
🇮🇩 denasionalisasi
🇺🇦 денаціоналізація
🇵🇱 denacjonalizacja
🇯🇵 非国有化 (ひこくゆうか)
🇫🇷 dénationalisation
🇪🇸 desnacionalización
🇹🇷 denasyonalizasyon
🇰🇷 비국유화 (非國有化)
🇸🇦 إزالة التأميم
🇨🇿 denacionalizace
🇸🇰 denacionalizácia
🇨🇳 去国家化
🇸🇮 denacionalizacija
🇮🇸 afnám ríkisrekstrar
🇰🇿 ұлтсыздандыру
🇬🇪 დენაციონალიზაცია
🇦🇿 denasionalizasiya
🇲🇽 desnacionalización
Word origin
The concept of denationalization emerged as a response to the inefficiencies and economic stagnation associated with state-owned enterprises. It gained traction in the late 20th century as many countries sought to liberalize their economies and promote private sector participation. Denationalization is often seen as a means to increase competition, efficiency, and innovation in industries previously monopolized by the state.
See also: nationalized, ultranationalism, ultranationalistic.