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Article: The Logic of Privatization: The Case of Telecommunications in the Southern Cone of Latin America.(Review)
- Article from:
- Journal of Economic Issues
- Article date:
- March 1, 1999
- Author:
CopyrightCOPYRIGHT 1999 Association for Evolutionary Economics. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By Walter T. Molano. Westport, Conn., and London: Greenwood Press, 1997. Pp. xi, 138.
A study of privatization in Latin America is timely and important and is equivalent to a study of deregulation in the United States. Whereas in the United States, public regulation of natural monopoly was the preferred means of social control, the typical mechanism for restraint of market power elsewhere often was state ownership. The recent ascendance of market-oriented beliefs has made the previously unthinkable almost de rigueur and has created waves of deregulation (in the United States) and privatization (in other parts of the world). The purpose of this book, originally a ...