Privatization South American Style
Series: Oxford Studies in Democratization;
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Product details:
- Publisher OUP Oxford
- Date of Publication 18 November 1999
- ISBN 9780198294665
- Binding Hardback
- No. of pages388 pages
- Size 242x162x26 mm
- Weight 703 g
- Language English 0
Categories
Short description:
The book analyses both the macro and micro factors under which policies of privatization of nationalized industries took place in Argentina, Brazil, and Peru. It examines the economics of achieving privatization, the policy reform that took place, and the factors that emerged to wither encourage or deter privatization.
MoreLong description:
Privatization South American Style focuses on the politics of privatization in Argentina, Brazil, and Peru. It examines both the micro and macroeconomics of achieving privatization, the policy measures introduced, and factors affecting the implementation of privatization. The political dimensions of privatization are analysed in order to explain the variations in national success in formulation and implementing privatization programmes. The author argues that evidence suggests that national governments as planned, and that rarely implement most divestiture policies from a technical standpoint, privatization is a learning process that evolves through trial and error. It also examines the apparently 'unconventional' methods used by the governments of Argentina, Brazil, and Peru to achieve privatization
Comparative in its approach, the book seeks also to shed light on the nature of privatization in countries throughout the developing world. The book more generally argues that poorly designed privatization policies may have future serious implications on issues such as the rule of law, and the regulation of public utilities.
As a complement to Privatization South American Style, Judith Clifton's in-depths analysis of privatization in the Mexican telecommunications sector offers a clearer understanding of precisely how political need can produce economic inefficiency.
Table of Contents:
The Political Economy of Privatization
Privatization In The 1980s: Politics As Usual
Argentina
Brazil
Peru
The Theory and Practice of State Divestiture
