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Bolivian capitalization and privatization: Approximation to an evaluation

Author

Listed:
  • 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.

Suggested Citation

  • Barja, Gover & McKenzie, David & Urquiola, Miguel, 2004. "Bolivian capitalization and privatization: Approximation to an evaluation," MPRA Paper 23878, University Library of Munich, Germany, revised Oct 2005.
  • Handle: RePEc:pra:mprapa:23878
    as

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    File URL: https://mpra.ub.uni-muenchen.de/23878/2/MPRA_paper_23878.pdf
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    References listed on IDEAS

    as
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    2. repec:idb:brikps:publication-detail,7101.html?id=68558 is not listed on IDEAS
    3. David McKenzie & Dilip Mookherjee, 2003. "The Distributive Impact of Privatization in Latin America: Evidence from Four Countries," Economía Journal, The Latin American and Caribbean Economic Association - LACEA, vol. 0(Spring 20), pages 161-234, January.
    4. Government of Bolivia & Gobierno de Bolivia, 2001. "Bolivia: Poverty Reduction Strategy," IDB Publications (Working Papers) 4412, Inter-American Development Bank.
    5. Deaton, Angus, 1989. "Rice Prices and Income Distribution in Thailand: A Non-parametric Analysis," Economic Journal, Royal Economic Society, vol. 99(395), pages 1-37, Supplemen.
    6. Government of Bolivia & Gobierno de Bolivia, 2001. "Bolivia: Poverty Reduction Strategy," IDB Publications (Working Papers) 80367, Inter-American Development Bank.
    7. 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.
    8. 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.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. A.M. Chernopiatov & L.A. Akhmetov & D.M. Djuraev, 2018. "Peculiarities Of State Property In The Economy Of Russia," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 18(2), pages 43-52.
    2. John Nellis, 2006. "Privatization: A Summary Assessment," Working Papers 87, Center for Global Development.
    3. Philippe Marin, 2009. "Public-Private Partnerships for Urban Water Utilities : A Review of Experiences in Developing Countries," World Bank Publications - Books, The World Bank Group, number 2703, December.
    4. A. Abramov & A. Radygin & M. Chernova & R. Entov., 2017. "State ownership and efficiency characteristics," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 4.

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    More about this item

    Keywords

    Privatization; Industrial Organization and Regulation; Firm Performance; Consumer Welfare; Political Economy;
    All these keywords.

    JEL classification:

    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • L96 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Telecommunications
    • L5 - Industrial Organization - - Regulation and Industrial Policy
    • L95 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Gas Utilities; Pipelines; Water Utilities
    • L91 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Transportation: General
    • L71 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Mining, Extraction, and Refining: Hydrocarbon Fuels
    • L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
    • P46 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Consumer Economics; Health; Education and Training; Welfare, Income, Wealth, and Poverty

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