In 1989, the Argentine government initiated rapid privatization of infrastructure services-mainly gas, telecoms, electricity generation and transmission, and water and electricity distribution in the Buenos Aires metropolitan area. The author reviews the performance of the agencies set up to...

In the early 1990s, Argentina vertically separated and privatized most of its electricity industry. Transmission and distribution, considered natural monopolies, were sold by concession. The main objectives of the reforms were efficient pricing and production levels in the short term and enough...