This book concentrates on privatization reforms in Latin America. It assesses the impact of privatization on fiscal stability, enterprise and economic efficiency, national savings, the development of capital markets, and advances in technology from both the micro- and macro-economic perspectives.
Part One: Introduction Part Two: Capital Markets and Privatization 1. Capital Flows to Latin America 1982–1992: Trends and Prospects 2. Social Security Reform in Chile 3. Pension Reform in Latin America: Importance and Evaluation of Privatization Approaches Part Three: Privatization and the State 4. Fiscal Aspects of Privatization 5. Fiscal Impact of Privatization in Mexico Part Four: Privatization and the Business Sector 6. Privatization: The Argentine Experience 7. Did Privatization Raise Enterprise Efficiency in Chile? 8. Impact of Privatization in Mexico on Economic Efficiency and Market Structure: Analysis of Five Companies 9. The Impact of the Mexican Bank Reprivatizations 10. The Impact of Privatization on Technology Transfer in Latin America Part Five: Social Impacts 11. The Labor Sector: A Post-Privatization Assessment 12. Impact of Privatization on Welfare: The Chilean Case 1985–1989