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CIAO DATE: 7/00
Moving Beyond Privatization in Latin America: The Government/Business Relationship
Robert Grosse
North South Center
University of Miami
March 2000
Abstract
The outcomes of regulatory policies and regimes in Argentina, Chile, and Mexico since 1990 in the telecommunications, electric power, and banking sectors are explored in this paper.
- How should governments regulate these oligopolistic industries, once ownership of the sectors has been passed to private hands?
- How can governments manage these relationships successfully and see that the greatest benefits accrue to the country?
- What institutional structures can best handle the problems that arise in these situations?
The paper addresses these questions and concludes that, while privatizations in these sectors have been predominantly positive in the 1990s, there is still considerable room for more competition.