Many countries have attempted to employ privatization programs to restructure their economies; however, some of the programs are rejected by the polity in the early stages of consideration. Research on privatization has mainly focused on programs that have been accepted, but it often ignores issues associated with rejection.
Dr. Molano breaks new ground by examining the microeconomic, macroeconomic, and political factors that shape all outcomes of privatization. A case study method is employed to review attempts to privatize state-owned telephone companies in countries in the southern cone of Latin America. The study is further generalized to cover 23 attempts to privatize telephone companies from 1985 to 1995.
Review: .,. the author develops a provacative political framework for the implementation of privatization policies....the political approach defines the originality of this book....The Logic of Privatization is an excellent book for the mastery of its treatment of the subject. The book provides also an integrative literature review.
It is evenly written, with an elegant style, and with helpful notes at the end of each chapter to extend meaningful arguments. -Journal of International Business Studies
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