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Essay / Research Paper Abstract
10 pages. This paper is a compilation of research on the privatization of seaports. Focus is on the economic aspects but other aspects are discussed as well. Bibliography lists 7 sources.
Page Count:
10 pages (~225 words per page)
File: D0_JAseaprt.rtf
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Unformatted sample text from the term paper:
SEAPORT PRIVATIZATION: THE ADVANTAGES According to some opinions there are many advantages to the privatization of such things as seaports or railways. The most obvious, perhaps, is that there
are "economic gains" which "translate into welfare gains for the community" (Gillen and Cooper 2002, PG). There is less unproductive labor when a seaport is privatized because the owners
would naturally try to run it in the most efficient manner possible. This would mean one wouldnt see the hundreds of unnecessary employees that government-owned sanctities normally have wasting
the governments and thus ultimately, the taxpayers money. The privatization of a seaport would f necessity "introduce new management styles and skills oriented to serving the users of the seaport
system and becoming more consumer oriented" (Gillen and Cooper 2002, PG) as being privatized again would argue that it would be necessary to run it as economically efficiently as possible.
Lastly, of these particular three conclusions, "it will lead to better investment decisions. Better in many cases can mean less investment or reductions in capacity, as governments are notorious
for overbuilding" (Gillen and Cooper 2002, PG). The private owners of something as distinctly multi-faceted as a seaport that is privately owned, the owners would be much more on
top of the monies being spent in the upkeep and care of such property. Whereas the government passes paperwork through several departments with nary a single inspector going out
to view the place, money can be spent haphazardly and in ways that the taxpayers would find to be extremely wasteful. The private owner is cautiously aware of what
the advantages or disadvantages might be to spending money on a project or undertaking of this capacity. Many feel that "The ideal view of privatization is that it enhances individual
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