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Privatization refers to the process of hiring private management consultancy firms to manage state-owned enterprises.
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Peruvian development economist Hernando de Soto has argued that the chronic inability of property owners to establish legal title to the property they own is a key problem for innovation, and entrepreneurial activity in developing nations.
Totalitarian states promote human freedom and human development, which facilitates economic progress.
Since the late 1980s, there has been a strong move away from a more free market economic model and toward a more centrally planned and mixed economies.
Many totalitarian regimes were able to deliver economic progress to the vast bulk of their populations, which curbed the spread of democracy during the late 1980s.
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