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Title: POLITICAL COMPETITION, PARTISANSHIP, AND POLICYMAKING IN LATIN AMERICAN PUBLIC UTILITIES
MARKET REFORMS IN PUBLIC UTILITIES
By: Maria Victoria Murillo
Format: Hardback

List price: £38.00


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ISBN 10: 0521884314
ISBN 13: 9780521884310
Publisher: CAMBRIDGE UNIVERSITY PRESS
Pub. date: 24 August, 2009
Series: Cambridge Studies in Comparative Politics
Pages: 314
Description: Shows that electoral competition and partisan government helped balance the conflicting demands of voters' interests with the financial pressures generated by capital scarcity.
Synopsis: This book studies policymaking in the Latin American electricity and telecommunication sectors. Murillo's analysis of the Latin American electricity and telecommunications sectors shows that different degrees of electoral competition and the partisan composition of the government were crucial in resolving policymakers' tension between the interests of voters and the economic incentives generated by international financial markets and private corporations in the context of capital scarcity. Electoral competition by credible challengers dissuaded politicians from adopting policies deemed necessary to attract capital inflows. When electoral competition was low, financial pressures prevailed, but the partisan orientation of reformers shaped the regulatory design of market-friendly reforms. In the post-reform period, moreover, electoral competition and policymakers' partisanship shaped regulatory redistribution between residential consumers, large users, and privatized providers.
Illustrations: 16 b/w illus. 23 tables
Publication: UK
Imprint: Cambridge University Press
Returns: Returnable
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