proceeds 02:39 Dec 4, 2010
Hi Sara. In my experience working in privatized electric industries in Hungary and Brazil, I think it is pretty clear that this is referring very simply to the total accumulated proceeds the government earned/received in selling the companies. I would be careful about the word "value" because, as we've seen in privatizations all around the world, a company can purchase a formerly state-run enterprise for so many billions of dollars, only to find that the business was being held together by government subsidies all those years, and isn't viable on a stand-alons basis, so the value of the business plummets and the investors are scrambling to dump it at significant loss. However, what they paid for it initially is a historical fact and will never change. I don't believe the text is in any way referring to the national GDP or accrued revenues. | 
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