"Series of well-written articles on regional privatization efforts. Separate chapters on Argentina, Brazil, Chile, and Mexico. Other topics include: 1) changing roles of the State and business, 2) recent trends in direct foreign investment, and 3) changes in Latin American equity markets....

The essays in this volume describe, analyse and compare the achievements and the failures of societies that adopted market-based economies within a democratic polity after a long period of communist rule (Russia and Eastern Europe) or military authoritarianism (Latin America). Together, they...