einkavæðing
Einkavæðing refers to the process of transferring ownership or control of assets, services, or enterprises from the public sector to the private sector. This can encompass a wide range of entities, from state-owned companies and infrastructure to social services and utilities. The underlying principle is that private entities, driven by profit motives and competition, can often operate more efficiently and innovatively than government agencies.
The motivations behind einkavæðing are diverse. Governments may pursue it to reduce public debt, generate revenue
However, einkavæðing also faces considerable criticism. Concerns are frequently raised about the potential for a decline