SEDE LA PAZ

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Author: search.filters.author.Urquiola, MiguelEnd date: 2009

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    Capitalization, Regulation and the Poor Access to Basic Services in Bolivia.
    (Universidad Católica Boliviana "San Pablo". Escuela de la producción y la competitividad., 2001-07) Barja Daza, Gover; Urquiola, Miguel
    This paper analyses the privatization of utilities in Bolivia, detailing the particularities of the capitalization mechanism which was used for this purpose. The analysis suggests that capitalization and regulation, and the liberalization of the utilities sector more generally, succeeded in attracting foreign investment, thus fulfilling one of the central goals of the reforms of this sector. Foreign investment made possible the increase in access to basic services in urban areas, although access in rural areas still remains very low. In terms of connection, service expansion in the urban areas did not bypass the poor. On the contrary, in some cases, access improvements appear to have been particularly beneficial to low-income households. Some reform-related price increases did have adverse welfare effects. Nevertheless, the findings in this area are affected by data limitations, and in any case do not seem to outweigh the benefits brought about by greater access.
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    Bolivian Capitalization and Privatization: Approximation to an Evaluation
    (Universidad Católica Boliviana "San Pablo". Escuela de la producción y la competitividad., 2007) Barja Daza, Gover; Mckenzie, David; Urquiola, Miguel
    The wave of privatizations Latin America experienced during the 1990s was integral to stabilization programs and a general reordering of states’ roles in the regional economy. Over the past few years, however, these privatizations have come under increasing fire. Their purported adverse effects range from higher utility prices to aggravating—or even causing—the current regional recession. In short, privatization shares in the criticism directed at the entire liberalization process. Within this context, accurate knowledge of privatization’s real consequences can be of considerable value. While research has been conducted on certain economic effects, less is known about privatization’s broader social consequences. This chapter attempts to fill some of those gaps as they concern Bolivia.