Privatization and the promotion of new, privately owned businesses have allowed the transition economies to attract substantial direct investment from abroad.

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Privatization and the promotion of new, privately owned businesses in transition economies have made these economies more attractive to foreign investors, leading to increased direct investment from abroad. This is because privatization often leads to more efficient and competitive markets, while the emergence of new businesses creates opportunities for investment in a variety of sectors.

Privatization and the Promotion of New, Privately Owned Businesses Have