The Impact of Privatization on the Latin American Debt Problem

Dados Bibliográficos

ID4547465
AutoresRavi Ramamurti (0000-0003-3713-9017, Universidad del Noreste, autor correspondente)
Ano1992
Volume34
Fascículo2
Páginas93-126
Data de publicação1992-01-01
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoJournal of Interamerican Studies and World Affairs (JOURNAL)
Identificadores do periódicoISSN: 0022-1937 • E-ISSN: 2162-2736
EditoraCambridge University Press (CUP) (PUBLISHER)
DOI10.2307/166030
OpenAlexW2782612348
IdiomaEN
Citações recebidas3
Referências citadas12

This Study will explore the extent to which state-owned enterprises (SOEs) were responsible for creating the Latin American debt problem and, more importantly, the extent to which the present privatization of those enterprises may help to resolve that problem. In some quarters, privatization has been viewed as an essential reform needed to restore creditworthiness and growth in the region after the "lost decade" of the 1980s. Other quarters have been more skeptical, viewing it more as the latest fad to strike the region. The conclusion that will be expressed here falls somewhere in between: privatization can indeed play a part in solving the debt crisis and restoring growth, but, like all solutions, it may also create unintended problems down the road if not used carefully

Business · Debt · Debt crisis · Development economics · Economic policy · Economic system · Economics · Financial system · Latin Americans · Political science · Skepticism · State (computer science) · Unintended consequences · Banking stability, regulation, efficiency · Economic Theory and Policy · Finance · Global Financial Crisis and Policies · Law