Chong, Alberto E.; López-de-Silanes, Florencio - Inter-American Development Bank - 2004
Over the last 20 years, Mexico redefined the role of the state in its economy through an ambitious program to … liberalize trade, promote efficiency and reduce the size and scope of the state-owned sector. In Mexico, privatization led to a … breeds competition and leads to higher prices. A transparent program can also help quell the tendency of politicians to favor …