000 02299nam a2200289 a 4500
003 arcduce
005 20120731113339.0
008 091216s1993 dcu||||| |||| 00| 0 eng d
020 _a0-8213-2586-8
040 _aarcduce
082 _a338.982
090 _c16537
_d16537
100 _aAlexander, Myrna
245 _aArgentina's privatization program :
_bexperience, issues, and lessons
_c/ Myrna Alexander, Carlos Corti
260 _bWorld Bank
_aWashington, D.C.
_c1993
300 _axi, 31 p. :
_bil.
490 _aDevelopment in practice
500 _aCopias: (F)20428
504 _aIncluye bibliografía
520 _aThis survey examines the privatization program in Argentina, the result of a strong commitment by the country ' s top political leadership to economic recovery. The privatization program is wide ranging and diverse. The survey concentrates on the program carried out by the Federal Government, local government and provincial privatizations are not included. The Argentine progam covers the entire range of public enterprises - utilities, railways, airplanes, electic power facilities, grain handling, mail services, national highways, hydrocarbon production, currency printing, rail cargo, steel manufacturing, urban rail and subway transport, various defense related industries, and water supply concerns. The sales of individual units were decentralized and handled by mini-commissions created for that purpose by the Ministry of Economy. The proceeds from the sales reduced public debt, and the reduction in the fiscal burden in terms of lower subsidies will be significant. The difficulties encountered by the Argentine government and the methods used to overcome them are discussed. Some of the lessons learned include the need for ensuring competition after privatization; the need for adequate financial resources; the preparation of a regulatory framework and; the need for detailed contracts to be drawn and included as part of the pre-qualification process. The Argentine experience is of interest to policy makers and designers of similar privatization programs.
650 _aPRIVATIZACION
650 _aEMPRESAS PUBLICAS
651 _aARGENTINA
700 _aCorti, Carlos
710 _aBanco Mundial
942 _cDOCU
_jF 338.982 A 20427
999 _c16510
_d16510