Is the Private Sector more efficient?

Private sector dynamism versus Public sector inefficiency has been a dominant political debate over the last few years. Some economic sectors (mostly right ones) often bring up this discussion hinting that all those public companies managed by politicians are less efficient than private ones, where capitalism will do its magic and stimulate the automatic market efficiency.

However, there is a lot of literature around there and it seems this is not clear enough.

According to a UNDP publication, no model of ownership (public, private, or mixed) is intrinsically more efficient than the others, but there are efficiency differences within certain service sectors and specific contexts.

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