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Bolivian capitalization and privatization: Approximation to an evaluation

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  • Barja, Gover
  • McKenzie, David
  • Urquiola, Miguel

Abstract

The wave of privatizations Latin America experienced during the 1990s was integral to stabilization programs and a general reordering of states’ roles in the regional economy. Over the past few years, however, these privatizations have come under increasing fire. Their purported adverse effects range from higher utility prices to aggravating—or even causing—the current regional recession. In short, privatization shares in the criticism directed at the entire liberalization process. Within this context, accurate knowledge of privatization’s real consequences can be of considerable value. While research has been conducted on certain economic effects, less is known about privatization’s broader social consequences. This chapter attempts to fill some of those gaps as they concern Bolivia.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 23878.

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Date of creation: 13 Mar 2004
Date of revision: Oct 2005
Publication status: Published in Reality Check: The Distributional Impact of Privatization in Developing Countries. Edited by John Nellis and Nancy Birdsall Book.Chapte(2005): pp. 123-177
Handle: RePEc:pra:mprapa:23878

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Related research

Keywords: Privatization; Industrial Organization and Regulation; Firm Performance; Consumer Welfare; Political Economy;

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References

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  1. Foster, James & Greer, Joel & Thorbecke, Erik, 1984. "A Class of Decomposable Poverty Measures," Econometrica, Econometric Society, vol. 52(3), pages 761-66, May.
  2. Estache, Antonio & Gomez-Lobo, Andres & Leipziger, Danny, 2000. "Utility privatization and the needs of the poor in Latin America - Have we learned enough to get it right?," Policy Research Working Paper Series 2407, The World Bank.
  3. Government of Bolivia, 2001. "Bolivia: Poverty Reduction Strategy," IDB Publications 8916, Inter-American Development Bank.
  4. Dilip Mookherjee & David McKenzie, 2001. "The Distributive Impact of Privatization in Latin America: Evidence from Four Countries," Boston University - Department of Economics - The Institute for Economic Development Working Papers Series dp-128, Boston University - Department of Economics, revised 2002.
  5. Antonio Estache & V. Foster & Q. Wodon, 2002. "Accounting for Poverty in Infrastructure Reform: Learning from Latin America's Experience," ULB Institutional Repository 2013/44108, ULB -- Universite Libre de Bruxelles.
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Cited by:
  1. Philippe Marin, 2009. "Public-Private Partnerships for Urban Water Utilities : A Review of Experiences in Developing Countries," World Bank Publications, The World Bank, number 2703.
  2. John Nellis, 2006. "Privatization: A Summary Assessment," Working Papers 87, Center for Global Development.

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