As import-substitution industrialization yields to increasing market liberalization in Latin America in the 1990s, privatization assigns new roles to both the public and private sectors. After the decade of the debt crisis, a much weakened State will reorient its policy efforts to the difficult issues of limited fiscal and monetary choices, regulation of newly privatized firms, and long-postponed social programs. However, privatization represents a mhallenge for the private sector as much as it is an issue for the public sector. Foreign and domestic capital will be asked to play a critical role in revitalizing battered economies. New players, from penny-capitalists to pension funds, and new institutions, including dramatically altered banking systems and suddenly thriving stock markets, have recently appeared. The changing roles of public and private sectors and the implications of these developments are the focus of this book.
Product Identifiers
Publisher
ABC-Clio
ISBN-13
9780275946647
eBay Product ID (ePID)
94384055
Product Key Features
Author
Werner Baer, Melissa H. Birch
Publication Name
Privatization in Latin America: New Roles for the Public and Private Sectors
Format
Hardcover
Language
English
Subject
Economics, Business
Publication Year
1994
Type
Textbook
Number of Pages
232 Pages
Additional Product Features
Title_Author
Melissa H. Birch, Werner Baer
Country/Region of Manufacture
United States
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