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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