Privatization in Latin America : Myths and Reality
Privatization is under attack. Beginning in the 1980s, thousands of failing state-owned enterprises worldwide have been turned over to the private sector. But public opinion has turned against privatization. A large political backlash has been brew...
| Main Authors: | , |
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| Language: | English en_US |
| Published: |
Palo Alto, CA: Stanford University Press
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2005/03/6430894/privatization-latin-america-myths-reality http://hdl.handle.net/10986/7461 |
| Summary: | Privatization is under attack. Beginning
in the 1980s, thousands of failing state-owned enterprises
worldwide have been turned over to the private sector. But
public opinion has turned against privatization. A large
political backlash has been brewing for some time, infused
by accusations of corruption, abuse of market power, and
neglect of the poor. What is the real record of
privatization and are the criticisms justified? This report
evaluates the empirical evidence on privatization in a
region that has witnessed an extensive decline in the
state's share of production over the past 20 years. The
book is a compilation of recent studies that provide a
comprehensive analysis of the record of and accusations
against privatization, with important recommendations for
the future. Seven countries are investigated: Argentina,
Bolivia, Brazil, Chile, Colombia, Mexico, and Peru. |
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