IDEAS home Printed from https://ideas.repec.org/p/eid/wpaper/15959.html
   My bibliography  Save this paper

Institutional and Regulatory Frameworks of Privatisation and FDI:A Comparative Study between Egypt and Argentina

Author

Listed:
  • Naguib, Rania Ihab

Abstract

This paper aims at investigating the difference between the Egyptian and Argentinean approach to privatisation and FDI and how their different policies, institutions and regulations affected the progress of their respective privatisation programmes and FDI participation. The analysis indicates that, in Egypt, the legal framework of privatisation did not explicitly incorporate FDI participation. FDI regulations were developed separately from privatisation regulations. As a result, a foreign investor in Egypt is faced with multiple laws and multiple regulating agencies for FDI. Unlike in Argentina, the legal framework of privatisation explicitly incorporated the participation of FDI, and FDI regulations were totally liberalised. This explains why FDI participation in Argentine privatisation during 1989 – 2000 accounted for 63% of privatisation proceeds, while, in Egypt, FDI participation accounted for only 24% of privatisation proceeds during 1993 – 2000.

Suggested Citation

  • Naguib, Rania Ihab, 2009. "Institutional and Regulatory Frameworks of Privatisation and FDI:A Comparative Study between Egypt and Argentina," Department of Economics Working Papers 15959, University of Bath, Department of Economics.
  • Handle: RePEc:eid:wpaper:15959
    as

    Download full text from publisher

    File URL: http://opus.bath.ac.uk/15959/1/2009.pdf
    Download Restriction: no

    References listed on IDEAS

    as
    1. repec:idb:idbbks:334 is not listed on IDEAS
    2. Ernesto Sepúlveda & Germán Coloma & Ana María Gómez & Rossana Corona & Juan Pablo Trujillo & Lino Jaramillo & Pablo Gerchunoff & Luis Alberto Zuleta & Gustavo Adolfo Ramírez & Dominique Hachette & Gui, 1993. "Privatization in Latin America," IDB Publications (Books), Inter-American Development Bank, number 44638 edited by Rossana Corona & Manuel Sánchez, February.
    3. Clarke, George R. G. & Cull, Robert, 1999. "Why Privatize? The Case of Argentina's Public Provincial Banks," World Development, Elsevier, vol. 27(5), pages 865-886, May.
    4. repec:idb:brikps:44638 is not listed on IDEAS
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    egypt; fdi; argentina; regulations; privatisation;

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eid:wpaper:15959. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Research Publications Librarian). General contact details of provider: http://edirc.repec.org/data/debatuk.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.