Privatizing brings new challenges; Latin America
Article Abstract:
Some Latin American countries are facing the challenge of creating a regulatory structure due to the privatization of such enterprises as telecommunication. Establishing such a structure from the ground up highlights what is most important, including balancing of the roles of the regulatory and judicial branches and providing for policy-making power. If enabling legislation is difficult due to political resistance, an executive decree may be necessary. Models from the US and other countries must be adapted to fit the cultural requirements of Latin America.
Publication Name: The National Law Journal
Subject: Law
ISSN: 0162-7325
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
Privatization trend hits foreign phone systems; nations sell interests in an effort to gain funds and improve services
Article Abstract:
Many formerly government-owned telecommunications systems have realized that privatization would enhance the country's competitiveness and provide more money for infrastructure. The FCC has been trying to accommodate these changes while keeping prices as low as possible and increasing efficiency. FCC policies such as the proportionate-return policy seek to prevent favoritism towards any one US company. Foreign carriers also tend to keep their rates artificially high in order to subsidize domestic service.
Publication Name: The National Law Journal
Subject: Law
ISSN: 0162-7325
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
Chile's privatization of sanitation could be model; orderly, government-regulated transition to private sector can be prototype for Latin America
Article Abstract:
The programs and philosophy underlying the orderly Chilean privatization of its sanitation industry might be used in other jurisdictions but are probably limited to those in which a national or other governmental unit controls the privatized industry and can adopt and execute laws to implement the process. The developments in Chile show that privatization need not always greatly change a social order or lead to political strife. Chilean laws regulating the industry and their amendments are detailed.
Publication Name: The National Law Journal
Subject: Law
ISSN: 0162-7325
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Threats of foreign group boycotts of American industry made in response to U.S. government trade policy: illegal anticompetitive activity or protected lobbying under the Noerr-Pennington doctrine?
- Abstracts: Ethics committees, organ transplantation and public policy. Politics, policies, and problems with organ transplantation: government regulation needed to ration organs equitably
- Abstracts: Hungarian legal reform for the private sector. The evolving legal framework for private sector activity in Slovenia
- Abstracts: When good intentions lead to bad results. Guidelines have led to longer sentences
- Abstracts: 'Televaulting' can help small firms retain files; lawyers without MIS support can use an online file backup service to save their drafts