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Privatization South American Style$
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Luigi Manzetti

Print publication date: 1999

Print ISBN-13: 9780198294665

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780198294665.001.0001

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The Political Economy of Privatization

The Political Economy of Privatization

Chapter:
(p.1) 1 The Political Economy of Privatization
Source:
Privatization South American Style
Author(s):

Luigi Manzetti

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780198294665.003.0001

This chapter defines privatization as the transfer of assets and service functions from the public to the private sector. It gives the background to the economic arguments in South America and shows that political scientists and economists are not in agreement on what factors lead to privatization. It explains that the focus of this book is on the politics of privatization and examines both micro and macro factors. It also tackles briefly the historical conditions that led to the creation and dismantling of large government industrial and service sectors. The chapter proposes an analytical model to integrate the findings of previous research.

Keywords:   private sector, analytical model, public sector, privatization, economists, political scientists

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