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Privatization South American Style

Author

Listed:
  • Manzetti, Luigi

    (Southern Methodist University, Dedman College, Texas)

Abstract

Privatization South American Style focuses on the politics of privatization in Argentina, Brazil, and Peru. It examines both the micro and macroeconomics of achieving privatization, the policy measures introduced, and factors affecting the implementation of privatization. The political dimensions of privatization are analysed in order to explain the variations in national success in formulation and implementing privatization programmes. The author argues that evidence suggests that national governments as planned, and that rarely implement most divestiture policies from a technical standpoint, privatization is a learning process that evolves through trial and error. It also examines the apparently 'unconventional' methods used by the governments of Argentina, Brazil, and Peru to achieve privatization Comparative in its approach, the book seeks also to shed light on the nature of privatization in countries throughout the developing world. The book more generally argues that poorly designed privatization policies may have future serious implications on issues such as the rule of law, and the regulation of public utilities.

Suggested Citation

  • Manzetti, Luigi, 1999. "Privatization South American Style," OUP Catalogue, Oxford University Press, number 9780198294665.
  • Handle: RePEc:oxp:obooks:9780198294665
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    Citations

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    Cited by:

    1. Post, Alison E. & Murillo, María Victoria, 2016. "How Investor Portfolios Shape Regulatory Outcomes: Privatized Infrastructure After Crises," World Development, Elsevier, vol. 77(C), pages 328-345.
    2. Bjorvatn, Kjetil & Soreide, Tina, 2005. "Corruption and privatization," European Journal of Political Economy, Elsevier, vol. 21(4), pages 903-914, December.
    3. Martimort, David & Straub, Stéphane, 2009. "Infrastructure privatization and changes in corruption patterns: The roots of public discontent," Journal of Development Economics, Elsevier, vol. 90(1), pages 69-84, September.
    4. Emmanuelle Auriol & Stéphane Straub, 2011. "Privatization of Rent-Generating Industries and Corruption," Chapters,in: International Handbook on the Economics of Corruption, Volume Two, chapter 7 Edward Elgar Publishing.
    5. Mohamad, Noorihsan, 2014. "Telecommunications reform and efficiency performance: Do good institutions matter?," Telecommunications Policy, Elsevier, vol. 38(1), pages 49-65.
    6. Tarcisio da Graca & Robert Masson, 2012. "More power to you: properties of a more powerful event study methodology," Review of Accounting and Finance, Emerald Group Publishing, vol. 11(2), pages 166-183, May.
    7. Armando Castelar Pinheiro & Regis Bonelli & Ben Ross Schneider, 2004. "Pragmatic Policy in Brazil : the political economy of incomplete market reform," Discussion Papers 1035, Instituto de Pesquisa Econômica Aplicada - IPEA.
    8. Meseguer, Covadonga, 2006. "Learning and economic policy choices," European Journal of Political Economy, Elsevier, vol. 22(1), pages 156-178, March.
    9. Antonio Estache & Liam Wren-Lewis, 2009. "Toward a Theory of Regulation for Developing Countries: Following Jean-Jacques Laffont's Lead," Journal of Economic Literature, American Economic Association, vol. 47(3), pages 729-770, September.
    10. repec:oup:cjrecs:v:10:y:2017:i:1:p:111-125. is not listed on IDEAS
    11. Armando Castelar Pinheiro & Regis Bonelli & Ben Ross Schneider, 2015. "Pragmatic Policy in Brazil: the Political Economy of Incomplete Market Reform," Discussion Papers 0132, Instituto de Pesquisa Econômica Aplicada - IPEA.
    12. Kalle Moene & Tina Søreide, 2015. "Good Governance Facades," CMI Working Papers 2, CMI (Chr. Michelsen Institute), Bergen, Norway.
    13. Guasch, J. Luis & Straub, Stphane, 2009. "Corruption and concession renegotiations.: Evidence from the water and transport sectors in Latin America," Utilities Policy, Elsevier, vol. 17(2), pages 185-190, June.
    14. Frédéric Boehm, 2005. "Corrupción y captura en la regulación de los servicios públicos," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 7(13), pages 245-263, July-Dece.
    15. Tarcisio da Gra?a, 2012. "Distribution of Underpricing in Privatization Auctions: Evidence from an Event Study," Review of Economics & Finance, Better Advances Press, Canada, vol. 2, pages 1-19, August.

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