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Item Details
Title:
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PRIVATIZATION IN LATIN AMERICA
MYTHS AND REALITY |
By: |
Alberto Chong (Editor), Florencio Lopez De Silanes (Editor) |
Format: |
Hardback |

List price:
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£34.95 |
We believe that this item is permanently unavailable, and so we cannot source
it.
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ISBN 10: |
0821358820 |
ISBN 13: |
9780821358825 |
Publisher: |
WORLD BANK PUBLICATIONS |
Pub. date: |
1 March, 2005 |
Pages: |
592 |
Description: |
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. |
Synopsis: |
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. |
Illustrations: |
Illustrations |
Publication: |
US |
Imprint: |
World Bank Publications |
Returns: |
Non-returnable |
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