By: John Nellis (Editor), Nancy Birdsall (Editor)

Paperback

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Throughout the 1990's, privatization of inefficient state-owned enterprises was strongly embraced in developing and transitional economies. Little attention has gone to the distributional implications of the privatization movement, a particularly surprising oversight given the current backlash in many settings against further privatization. This book offers a comprehensive set of country-specific studies on the effects of privatization on people --winners and losers in different income, employment, and education groups. The studies analyze the changes in public tax revenue from privatized enterprises, shifts in pension and other liabilities, and changes in income of different groups. Contributors include David McKenzie (Stanford University), Dilip Mookherjee (Boston University), Gover Barja (Universidad Catolica Boliviana, La Paz), Miguel Urquiola (Columbia University), Samuel Freije (Universidad de Las Americas in Puebla, Mexico), Luis A. Rivas (Ministry of Finance and Central Bank of Nicaragua), Maximo Torero, Enrique Schroth, and Alberto Pasco Font (Group of Analysis for Development [GRADE], Lima), Roberto Macedo (University of Sao Paulo, Presbyterian Mackenzie University, and Foundation Institute of Economic Research, Sao Paolo), Antonio Estache (World Bank), Michael Bleyzer and Edi Segura (SigmaBleyzer Corporation), Gary H. Jefferson, (Brandeis University), Su Jian (Brandeis and Peking Universities), Jiang Yuan and Yu Xinhua (National Bureau of Statistics, Beijing), and Malathy Knight-John and P.P.A. Wasantha (Institute of Policy Studies, Sri Lanka).

"Privatization was one of the key elements that helped to jump-start economic revival in Latin America in the 1990s. But politically, it has always been a difficult sell: Critics claim it rewards the wealthy and the foreign at the expense of the poor and the local. The studies in this book show that this is not the case; privatization's bad reputation is largely undeserved." --Pedro-Pablo Kuczynski, Minister of Economy and Finance of Peru

Privatization reality check : distributional effects on developing countries	p. 1
Paradox and perception : evidence from four Latin American countries	p. 33
Inequality and welfare changes : evidence from Nicaragua	p. 85
Bolivian capitalization and privatization : approximation to an evaluation	p. 123
Argentina's privatization : effects on income distribution	p. 179
Peru after privatization : are telephone consumers better off?	p. 219
Distribution of assets and income in Brazil : new evidence	p. 253
Latin America's infrastructure experience : policy gaps and the poor	p. 281
Outcomes of the Russian model	p. 297
Privatization's effects on social welfare in Ukraine : the SigmaBleyzer experience	p. 325
China's shareholding reform : effects on enterprise performance	p. 353
Rethinking privatization in Sri Lanka : distribution and governance	p. 389
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ISBN: 9781933286006
ISBN-10: 1933286008
Audience: Professional
Format: Paperback
Language: English
Number Of Pages: 442
Published: 1st November 2005
Dimensions (cm): 22.809 x 17.678  x 2.235
Weight (kg): 0.612