THE SYSTEM OF CONTRACTS: ASSESSING THE VALIDITY OF PRIVATIZATION OF STATE PROPERTY

Imomniyozov, Doniyorbek (2023) THE SYSTEM OF CONTRACTS: ASSESSING THE VALIDITY OF PRIVATIZATION OF STATE PROPERTY. Horizon: Journal of Humanity and Artificial Intelligence, 2 (7). pp. 13-17. ISSN 2835-3064

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Abstract

The privatization of state property involves the transfer of assets to the private sector through a system of contracts. This article explores the validity of these contracts and their impact on society and the economy. Legal validity ensures adherence to laws and regulations, transparency, and fairness. Economic validity requires evaluating the impact on efficiency, investment, and social equality. Ethical considerations emphasize transparency, inclusivity, and environmental sustainability. To enhance validity, governments should implement transparent bidding processes, regulatory oversight, social safeguards, and environmental assessments. Resultantly, valid contracts promote public trust, economic growth, and social welfare. By incorporating lessons learned, flexibility, and assessments, governments can strike a balance between private interests and the public welfare, ensuring effective and valid privatization contracts.

Item Type:	Article
Subjects:	L Education > LB Theory and practice of education L Education > LB Theory and practice of education > LB1603 Secondary Education. High schools
Divisions:	Postgraduate > Master's of Management
Depositing User:	Journal Editor
Date Deposited:	07 Nov 2023 20:37
Last Modified:	07 Nov 2023 20:37
URI:	http://eprints.umsida.ac.id/id/eprint/12601

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