Bolivian capitalization and privatization: Approximation to an evaluation
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.
|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|
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- 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.
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Boston University - Department of Economics - The Institute for Economic Development Working Papers Series
dp-128, Boston University - Department of Economics, revised 2002.
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