Premium
Lessons from Privatization of Argentina's National Telephone Company
Author(s) -
CampoFlores Filemon
Publication year - 1994
Publication title -
review of policy research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.832
H-Index - 45
eISSN - 1541-1338
pISSN - 1541-132X
DOI - 10.1111/j.1541-1338.1994.tb00605.x
Subject(s) - private sector , government (linguistics) , business , developing country , process (computing) , private sector involvement , state (computer science) , economic policy , finance , market economy , economics , economic growth , linguistics , philosophy , algorithm , computer science , operating system
Privatization, defined as the transfer of state‐owned enterprises to the private sector, plays a vital role in the economic growth of developing countries and in the transformation of nationalized countries to market economies. Despite its importance, current literature focuses little attention on the effective management of privatization. Most research discusses the benefits and problems of privatization. This article provides additional insight into effective management of the privatization process using a case study of the sale of the national telephone company of Argentina. The study identifies certain conditions necessary for transferring government assets to the private sector. The analysis also identifies strategies for effective privatization and tasks after the process is complete.