Evo Morales

In 2005, before I was president, the state of Bolivia had only $300 million from hydrocarbons. Last year, 2007, the Bolivian state - after the nationalization, after changing the law - Bolivia received $1,930 million. For a small country with nearly 10 million inhabitants, this allows us to increase the national economy.

Bolivian Statesman

Anne Applebaum

Many Americans, but Republicans in particular, long opposed the nationalization of industry and state-controlled companies that are more common in Europe. Instead, they were proud of the American commitment to both economic and political freedom.

American Journalist

Fidel Castro

When at just 27 years old, Qaddafi, colonel in the Libyan army, inspired by his Egyptian colleague Abdel Nasser, overthrew King Idris I in 1969, he applied important revolutionary measures such as agrarian reform and the nationalization of oil.

Statesman

Frank Rich

Nationalization would likely mean wiping out the big banks' managements and shareholders. It's because that reckoning has mostly been avoided so far that those bankers may be the Americans in the greatest denial of all.

Sun Yat-sen

China's many nationalities need only to be transformed into the Chinese nation and to make it a highly civilized nation; then the nationalization process will be completed.

Chinese Leader

Nationalization, unmentionable only yesterday, has entered common usage not least because an even scarier word - depression - is next on America's list to avoid.

Ha-Joon Chang

I think this notion that public enterprises do not work and therefore nationalization will be a disaster, I mean, it's not supported by evidence.

South Korean Economist

Barbara Castle

You see, another reason for nationalization was that private ownership meant fragmentation.

British Politician

Those were the ideals that drove us to nationalization of the health service.

Nationalization usually implies the government gains direct control over an industry or service.

Government Control

Nationalization can be controversial, with strong opinions both for and against it.

Not Always Popular

The term often involves significant changes to a country's economy and can affect employment.

Nationalization

Government Control

Not Always Popular

Economic Impact

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