privatisoiduissa
Privatisoiduissa is a Finnish term that translates to "privatized" in English. It refers to the process of transferring ownership of state-owned assets or services to private entities. This can encompass a wide range of sectors, including telecommunications, energy, transportation, and healthcare. The rationale behind privatization often centers on increasing efficiency, fostering competition, and reducing the burden on public finances.
Historically, many countries, including Finland, have undergone periods of privatization, particularly in the latter half of