Regulatory Policy in Latin America: Post-Privatisation Realities. (Reviews).

J. Lat. Amer. Stud. 34 (2002). DOI: 10,1017/S0022216X02446445

Luigi Manzetti (ed.), Regulatory Policy in Latin America: Post-Privatisation Realities (Coral Gables, FL: North-South Center Press, University of Miami, 2000), pp. Ii + 301, [pounds sterling]40.95 hb.

Several Latin American countries undertook massive privatisation programmes during the late 1980s and 1990s. Most of them are facing a similar question: how to regulate those sectors that are natural monopolies and deregulate those sectors where competition will bring efficiency? How to induce a spillover of the efficiency gains of the privatised firms to the rest of the society? The book under review addresses the main problems that Latin American countries are facing in regulating some sectors and deregulating others. Wisely, it offers a multidisciplinary perspective on regulation which I believe is the …