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Privatization: Successes and Failures resources

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222 INDEX Dixit, A., 89 energy sector: Africa, 115f, 116t; Djankov, S., 92–93 Argentina, 157; India, 170, 179, Dragados, 161 194–96; Latin America, 152, D’Souza, J., 55, 56–57t, 58 152t, 161–62; Pakistan, 172, 191; Due, J., 126, 131n6 Peru, 148; Western Europe, 41. Dumontier, D. P., 59–60 See also electricity sector; oil and gas sector economic growth, 8, 46–50, 54, 76, ENI, 36, 40 203–5; CEE and CIS, 85, 91–92; Enron International, 147, 162 India, 175–77; Latin America, equilibrium theory, 9, 10–11 151; South Asia, 189, 194–96; Estache, A., 157, 158 Western Europe, 36, 59 Estonia, 83, 85t, 95 economic liberalization, 209–10 Estrin, S., 95 economic theory, 9–31; contract Ethiopia, 113t, 114f theory and information, 9–10, Eulia, 37 13–20; equilibrium theory, 9, 10–11; fl Faccio, M., 64, 69 awed nature of, xi–xii; incomplete contracts and Fantini, M., 58 ownership, 10, 20–27; industrial Feigenbaum, H., 88 organization theory, 9, 11–13 Fershtman, C., 89 Ecopetrol, 145 Filer, R., 97n4 Ecuador, 137 fi nancial and operating performance, Edison Mission Energy, 162 Western Europe, 55–60 effi t, 203; state fi nancial markets, development of: ciency effects, 7, 27, 56 reform versus privatization, 207, 210 India, 183; Latin America, 150, effi 151; Western Europe, 50–55 cient market hypothesis, 14–16 EGIS Projects, 161 fi f, 116t; nancial sector: Africa, 115 Eilat, Y., 84, 91 Brazil, 144; India, 179; Western El Salvador, 136, 137 Europe, 37, 39f, 42–43. See also electricity sector, xi; Africa, 115f, 125; banking sector Brazil, 144; Chile, 140; distribution Finland: control type, 68t; fi nancial and production and economic market development, 52, 53t, 54; theory, 11–13; India, 174, 194–96; percentage of capital sold, 63, Latin America, 152, 160; 63t; privatization trends and Nicaragua, 147; Peru, 148–49; revenues, 38f, 40; share ownership Western Europe, 36, 40, 41 diffusion, 62; size of SOE sector, Elf Aquitaine, 40 42t, 43–44 employment. See labor issues Fisher, S., 78 ENDESA, 36, 140 Florio, M., 59, 153 endogeneity of ownership, study’s fl scal ow effect, of Latin American fi failure to control for, 92–96 gains, 154, 156 ENEL, 37 Fox administration, Mexico, 141

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