Isagani M. Tano (Author)
Abstract
This study explores the socio-economic impacts of privatizing public enterprises in the Philippines. Using a qualitative research design, it examines how privatization has influenced operational efficiency, investment, income distribution, and regional disparities. Findings indicate that while privatization has improved efficiency and attracted investments, it has also led to income inequality and accessibility issues, particularly in rural areas. Recommendations include implementing targeted policies to address income distribution, enhancing regulatory frameworks, promoting regional development projects, investing in skill enhancement programs, and encouraging public-private partnerships.
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Keywords: Privatization, Socio-economic impacts, Philippines