When approaching a major decision relating to new laws or measures, leaders should give careful consideration to existing examples of efforts by other countries to solve the same underlying issues and their subsequent success or failure.
In the case of privatization of public entities, a wealth of knowledge has already been accumulated. Even in China, where one may not automatically assume that the government would privatize its various enterprises and functions, cases abound, the largest being China Unicom Ltd.
Japanese leaders should examine cases on the assumption that, as examples from many countries demonstrate, there really is no publicly owned "special purpose entity," or SPE, that cannot be successfully privatized.