Privatization in Latin America

Ernesto Sepúlveda · Germán Coloma · Rossana Corona · Lino Jaramillo · Pablo Gerchunoff · Luis Alberto Zuleta +7 more

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Economic, financial, and policy analysis Economic Theory and Policy Post-Communist Economic and Political Transition

Abstract

Examining the privatization experience of case studies, within Brazil, Argentina, Chile, Bolivia, Peru, and Colombia, this book evaluates the empirical evidence on privatization and assesses the validity of the criticisms raised to show that privatization can lead to increased profitability and productivity, firm restructuring, fiscal benefits, output growth, and even quality improvements. Case studies of three industrial and two service enterprises (including the privatizing and reprivatizing of one of them) are analyzed: Compania de Acero del Pacifico (CAP); Celulosa Arauco y Constitution, S.A. (CAYC); Empresa Nacional de Electricidad (ENDESA); Banco de Chile (BCH); Compania de Telefonos de Chile (CTC).

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References

1984Case Study Research: Design and Methods 1965The Logic of Collective Action 1971Bureaucracy and Representative Government 1979Monopolistic Competition with Outside Goods 1965Some Economics of Property Rights 1971Three Basic Postulates for Applied Welfare Economics: An Interpretive Essay 1986Privatization in Theory and Practice 1988The Economics of Regulation: Principles and Institutions

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2007Poverty and citizenship: Sociological perspectives on water services and public–private participation 2011The Truth About Privatization in Latin America 2005Privatization in Latin America 2008A Two-Factor Assessment of the Beliefs That Influence Attitudes Toward Privatization

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