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ByErnst & Young,Ernst & Young LLP

Privatization

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19

“A book should serve as the ax for the frozen sea within us.” -Franz Kafka

Synopsis

Political upheaval in Eastern Europe, crippling debt in Latin America, and a volatile North American economy have created a climate in which privatization has emerged as a dramatic new business opportunity. While providing governments with a chance to cut losses and quickly generate much-needed cash, privatization offers new investment opportunities with strong upside potential for businesses.

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