Privatization in Latin America
Myths and Reality
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. Les mer
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Vår pris:
465,-
(Innbundet)
Fri frakt!
Leveringstid: Sendes innen 21 dager
På grunn av Brexit-tilpasninger og tiltak for å begrense covid-19 kan det dessverre oppstå forsinket levering
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.