Privatization in Latin America
2005; Linguagem: Inglês
10.1596/978-0-8213-5882-5
AutoresMilton Barossi-Filho, Mauricio Garrón, Florencio López‐de‐Silanes, Alberto Chong, Carlos Gustavo Machicado, Manuel Ramírez, Federico Sturzenegger, Rodrigo Moreno Gutiérrez, Carlos Pombo, Máximo Torero, R. Macedo, Ernesto Schargrodsky, Francisco Anuatti Neto, Katherine Capra, Pablo Serra, Ronald Fischer, Sebastián Galiani, Paul Gertler, Antônio Gledson de Carvalho, Florencio López de Silanes,
Tópico(s)Economic Theory and Policy
ResumoNo AccessLatin American Development Forum1 Feb 2013Privatization in Latin AmericaMyths and RealityAuthors/Editors: Alberto Chong and Florencio Lopez de SilanesAlberto Chong and Florencio Lopez de Silaneshttps://doi.org/10.1596/978-0-8213-5882-5SectionsAboutPDF (0.6 MB)Other FormatsePUB ToolsAdd to favoritesDownload CitationsTrack Citations ShareFacebookTwitterLinked In Abstract: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? Privatization in Latin America 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. This book will be vital to anyone interested in the privatization debate but especially to those involved in civil service reform, corporate governance, economic policy, finance, and anticorruption efforts. "Privatization is important but controversial. While economists typically favor it, others are skeptical. This book provides strong scientific evidence that privatization has been beneficial for many Latin American countries, although some privatizations failed and some groups in society lost out. As usual, the devil is in the details: how privatization is carried out and what reforms accompany it are crucial to its success. The book is definitely an invaluable contribution to the privatization debate."—Oliver Hart, Andrew E. Furer Professor of Economics, Harvard University Previous bookNext book FiguresreferencesRecommendeddetailsCited byThe Impact of Privatization of State-Owned Enterprises on WorkersAmerican Economic Journal: Applied Economics, Vol.14, No.4Políticas de globalización en la esfera financiera y transición de la banca mexicanaCuestiones Políticas, Vol.40, No.7329 July 2022Los procesos de corporatización y privatización parcial de las empresas de propiedad del Estado: una revisión de la literaturaInnovar, Vol.32, No.851 January 2022GOVERNANCE AND THE NEW BRAZILIAN LAW ON PUBLIC BIDDING AND CONTRACTS: THE POTENTIAL LIMITATION OF COMPETITION UNDER DEBATENovos Estudos Jurídicos, Vol.27, No.127 June 2022Does privatization matter for corporate social responsibility? Evidence from ChinaEurasian Business Review, Vol.11, No.38 February 2020Leviathan as an inventor: An extended agency model of state-owned versus private firm invention in emerging and developed economiesJournal of International Business Studies, Vol.10326 April 2020Economic growth and property rights on natural resourcesEconomic Theory, Vol.65, No.29 December 2016EditorialAcademia Revista Latinoamericana de Administración, Vol.28, No.3Inequalities and Conflict: Water in Latin American Cities28 January 2014Water Nationalization and Service QualityThe World Bank Economic Review, Vol.27, No.329 January 2013Energy policies in Latin America and the Caribbean and the evolution of sustainabilityInternational Journal of Energy Sector Management, Vol.2, No.1The effects of changes in corporate governance and restructurings on operating performance: Evidence from privatizationsGlobal Finance Journal, Vol.18, No.2The Impact of Electricity Sector Privatization on Public HealthSSRN Electronic Journal View Published: March 2005ISBN: 978-0-8213-5882-5e-ISBN: 978-0-8213-8350-6 Copyright & Permissions Related RegionsLatin America & CaribbeanRelated CountriesBoliviaBrazilMexicoPeruRelated TopicsFinance and Financial Sector DevelopmentPrivate Sector Development KeywordsPRIVATIZATIONCORRUPTIONCORPORATE GOVERNANCEFIRMSLATIN AMERICAPOLITICAL ECONOMYINSTITUTIONSDEVELOPMENTREGULATIONGLOBALIZATIONBANKENTERPRISESFINANCEGOVERNMENTSOPERATING EFFICIENCYPERFORMANCE ANALYSISPRINCIPALPROFITABILITYSUBSIDIARY PDF DownloadLoading ...
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