Political Competition, Partisanship, and Policy Making in Latin American Public Utilities(English, Hardcover, Murillo Maria Victoria)

Political Competition, Partisanship, and Policy Making in Latin American Public Utilities(English, Hardcover, Murillo Maria Victoria)

  • Murillo Maria Victoria
Publisher:Cambridge University PressISBN 13: 9780521884310ISBN 10: 0521884314

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Political Competition, Partisanship, and Policy Making in Latin American Public Utilities(English, Hardcover, Murillo Maria Victoria) is written by Murillo Maria Victoria and published by Cambridge University Press. It's available with International Standard Book Number or ISBN identification 0521884314 (ISBN 10) and 9780521884310 (ISBN 13).

This book studies policymaking in the Latin American electricity and telecommunication sectors. Murillo's analysis of the Latin American electricity and telecommunications sectors shows that different degrees of electoral competition and the partisan composition of the government were crucial in resolving policymakers' tension between the interests of voters and the economic incentives generated by international financial markets and private corporations in the context of capital scarcity. Electoral competition by credible challengers dissuaded politicians from adopting policies deemed necessary to attract capital inflows. When electoral competition was low, financial pressures prevailed, but the partisan orientation of reformers shaped the regulatory design of market-friendly reforms. In the post-reform period, moreover, electoral competition and policymakers' partisanship shaped regulatory redistribution between residential consumers, large users, and privatized providers.