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

Author: Edited by Alberto Chong

Theme: Social Science, Developing Countries

Year: 2008 

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.

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