peoplization
n.— «Either from external pressure or from internal inefficiency of the management privatization (“peoplization” as it is called in Sri Lanka) has become the order of the day, no matter whether thousands of workers are out of jobs (as in the case of Adamjee Jute Mills Ltd.) or not.» —“Public sector productivity in Bangladesh perspective” by M. Rowshon Kamal Indepdendent (Bangladesh) Mar. 7, 2005. (source: Double-Tongued Dictionary)