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Nationalization
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== Economic analysis == Nationalization can have positive and negative effects.<ref>{{Cite web | url=https://www.britannica.com/topic/nationalization | title=Nationalization | economic policy}}</ref> In 2019, research based on studies from Greenwich University found that the nationalization of key services such as water, bus, railways and broadband in the United Kingdom could save £13bn every year.<ref>{{Cite web|url=https://www.mirror.co.uk/news/politics/nationalisation-public-services-could-save-20951951|title=Nationalisation of public services could save £13billion every year|last=Ellis|first=Mark|date=2019-11-24|website=mirror|access-date=2020-01-06}}</ref> Nationalization may produce other effects, such as reducing competition in the marketplace, which in turn reduces incentives to innovation and maintains high prices. In the short run, nationalization can provide a larger revenue stream for government but may cause that industry to falter depending on the motivations of the nationalizing party.<ref>{{Cite web|title=Nationalization|url=https://corporatefinanceinstitute.com/resources/knowledge/economics/nationalization/|access-date=2021-09-29|website=Corporate Finance Institute|language=en-US}}</ref> Nationalization was employed by the Panamanian Government towards the [[Panama Canal]], which came under the [[Panama Canal Authority]] in 1999 to internationally positive effect.<ref>{{Cite web |date=2006-10-29 |title=My opinion Andrés Oppenheimer : Panama delivers a lesson to isolationists |website=www.azstarnet.com |url=http://www.azstarnet.com/allheadlines/153038 |access-date=2024-09-15 |archive-url=https://web.archive.org/web/20061106000852/http://www.azstarnet.com/allheadlines/153038 |archive-date=2006-11-06 |url-status=unfit }}</ref> Likewise, the Suez Canal was nationalized multiple times throughout history.<ref>{{Cite web |title=Britannica Money |url=https://www.britannica.com/money/nationalization |access-date=2024-09-15 |website=www.britannica.com |language=en}}</ref> In Germany, the [[Bundesdruckerei|Federal Press]] [''Bundesdruckerei''] was nationalized in 2008 with positive revenue and net income since.<ref>{{Cite journal |date=2023-02-27 |title=Lagebericht und Jahresabschluss 2021 |url=https://www.bundesdruckerei.de/files/dokumente/pdf/bundesdruckerei_lagebericht_jahresabschluss_2021.pdf |journal=Bundesdruckerei Gruppe GMBH}}</ref>
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