Privatization in Latin America : myths and reality
著者
書誌事項
Privatization in Latin America : myths and reality
（Latin American development forum）
Stanford University Press , World Bank, c2005
- : World rights except North America
- : soft cover : North America
- : hard cover : North America
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注記
Includes bibliographical references and index
"A copublication of Stanford Economics and Finance, an imprint of Stanford University Press, and the World Bank"
内容説明・目次
- 巻冊次
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: soft cover : North America ISBN 9780804752428
内容説明
Privatization in Latin America represents the first systemic economic analysis of the efficiency and distributive effect of privatization in Latin America. Examining the privatization experience of six Latin American countries-Brazil, Argentina, Chile, Bolivia, Peru, and Colombia-Privatization in Latin America evaluates the empirical evidence on privatization and assesses the validity of the criticisms raised. It shows that privatization can lead to increased profitability and productivity, firm restructuring, fiscal benefits, output growth, and even quality improvements. Privatization in Latin America is destined to become a must-have reference for researchers interested in privatization or the economic aspects of social policy reforms.
- 巻冊次
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: World rights except North America ISBN 9780821358825
内容説明
Privatization is under attack. Criticisms run from corrupt deals to abuse of market power and social welfare losses. This title evaluates the empirical evidence on privatization and assess the validity of the raised criticisms relying on recent comprehensive studies from Latin America. Overall, the empirical record shows that privatization leads to increased profitability and productivity, firm restructuring, fiscal benefits, output growth and even quality improvements. Most cases of privatization failure can be linked to poor contract design, opaque processes with heavy state involvement, lack of re-regulation, and a poor corporate governance framework.
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