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Privatization for the Public Good?: Welfare Effects of Private Intervention in Latin America
     

Privatization for the Public Good?: Welfare Effects of Private Intervention in Latin America

by Alberto Chong (Editor), Suzanne Duryea (Contribution by), Eliana La Ferrara (Contribution by), Lorena Alcazar (Contribution by), Felipe Barrera-Osorio (Contribution by)
 

Using unique household data sets for six Latin American countries, the essays collected in this volume put together a compelling picture of the effects of privatization. Prices usually increase significantly in the wake of privatization, which can prove particularly difficult for low-income groups. On the other hand, privatized services often lead to expanded

Overview

Using unique household data sets for six Latin American countries, the essays collected in this volume put together a compelling picture of the effects of privatization. Prices usually increase significantly in the wake of privatization, which can prove particularly difficult for low-income groups. On the other hand, privatized services often lead to expanded coverage, greatly benefiting even poorer groups. Symbolic issues as well as material outcomes are relevant, as access to public services generates a sense of inclusion and provision of basic rights to historically excluded populations.

The expansion of service that has accompanied privatizations in Latin America not only provides the less well-off with the opportunity to use those services, but also offers the possibly more important benefit of a sense of inclusion in society. Increased access to services further allows Latin Americans to enjoy a higher quality of life and provides the opportunity to generate more stable sources of income.

Editorial Reviews

Choice

A meaningful rejoinder to those who reject privatization on ideological rather than evidentiary grounds.
— J. Prager

Choice - J. Prager
A meaningful rejoinder to those who reject privatization on ideological rather than evidentiary grounds.

Product Details

ISBN-13:
9781597820608
Publisher:
Harvard University, Center for Middle Eastern Studies
Publication date:
05/28/2008
Series:
David Rockefeller/Inter-American Development Bank Series
Pages:
300
Product dimensions:
5.90(w) x 9.00(h) x 0.60(d)

Meet the Author

?Alberto Chong is Principal Research Economist, Research Department, Inter-American Development Bank.

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