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Privatization In Chile


Privatization In Chile
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Privatization In Chile


Privatization In Chile
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Author : Dominique Hachette
language : en
Publisher:
Release Date : 1993

Privatization In Chile written by Dominique Hachette and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Business & Economics categories.


Book on privatization in Chile



Privatization In Chile


Privatization In Chile
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Author : Dominique Hachette
language : en
Publisher:
Release Date : 1993

Privatization In Chile written by Dominique Hachette and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Chile categories.




Against The Current Privatization Water Markets And The State In Chile


Against The Current Privatization Water Markets And The State In Chile
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Author : Carl J. Bauer
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06

Against The Current Privatization Water Markets And The State In Chile written by Carl J. Bauer and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Science categories.


In 1981 Chile's military government dictated a new Water Code that radically changed the country's previous water rights system by strengthening private property rights, favoring market incentives, and reducing state regulation. Against the Current: Privatization, Water Markets, and the State in Chile is the first empirical and interdisciplinary study of water markets in Chile, which is the leading international example of free market water policies. Against the Current: Privatization, Water Markets, and the State in Chile challenges the glowing reports given by neoliberals in Chile and the World Bank, showing that the results of this economic experiment have actually been rather mixed. Within the agricultural sector the Water Code has worked fairly well, although the market incentives to conserve water have been ineffective and water rights trading has been less active than expected. The Code's impact has been more negative at the level of river basins, where the institutional framework has revealed critical flaws in coordinating multiple water users and resolving conflicts. Against the Current: Privatization, Water Markets, and the State in Chile combines law, political economy, and geography to analyze the disadvantages, problems, and wider contexts of water markets. This book will appeal to everyone interested in property rights, market-friendly environmental policies, the political economy of sustainable development, and the intersection of economics with law and institutions.



Redistributive Impact Of Privatization And The Regulation Of Utilities In Chile


Redistributive Impact Of Privatization And The Regulation Of Utilities In Chile
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Author : Ricardo Paredes M.
language : en
Publisher:
Release Date : 2001

Redistributive Impact Of Privatization And The Regulation Of Utilities In Chile written by Ricardo Paredes M. and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Privatization categories.




Re Forming The State


Re Forming The State
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Author : Hector E. Schamis
language : en
Publisher:
Release Date : 1994

Re Forming The State written by Hector E. Schamis and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with categories.




Privatization And Regulatory Reform In Mexico And Chile


Privatization And Regulatory Reform In Mexico And Chile
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Author : Miguel D. Ramírez
language : en
Publisher:
Release Date : 1996

Privatization And Regulatory Reform In Mexico And Chile written by Miguel D. Ramírez and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with Free trade categories.




A Review Of Chilean Privatization Experience


A Review Of Chilean Privatization Experience
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Author : Patricio Meller
language : en
Publisher:
Release Date : 1993

A Review Of Chilean Privatization Experience written by Patricio Meller and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Government business enterprises categories.




Privatization Of Social Security


Privatization Of Social Security
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Author : Peter A. Diamond
language : en
Publisher:
Release Date : 1993

Privatization Of Social Security written by Peter A. Diamond and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Privatization categories.


In Chile, all covered workers must place 10% of monthly earnings in a savings account with a highly regulated intermediary that manages a single fund and provides survivors and disability insurance. Workers pay a commission charge, in addition to the mandatory 10%, to finance this insurance and to cover the costs and profits of the intermediaries. On becoming eligible to receive benefits, a worker can choose between a sequence of phased withdrawals and a real annuity. In addition, there is a sizable guaranteed minimum pension. Unlike the purchased annuities, the minimum pension is not indexed, but adjusted by the government from time to time. The Chilean reform gets high marks for defending the system from political risk and for its effects on capital accumulation and on the functioning of the capital market. The Chilean reform gets low marks for the provision of insurance and for administrative cost. Perhaps the most surprising aspect of the Chilean reform is the high cost of running a privatized social security system, higher than the 'inefficient' system that it replaced. Valdes-Prieto has estimated that the average administrative charge per effective affiliate while active is U.S. $89.10 per year (for 1991) which is 2.94% of average taxable earnings. This is close to 30% of the 10% mandatory savings rate. The cost per person is not far from costs observed in other privately-managed pension systems, such as defined- benefit private pensions in the U.S. However, it compares unfavorably with administrative costs in well-run unified government managed systems. The issue here is the administrative efficiency of reliance.



Privatization In Chile


Privatization In Chile
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Author : Paul H. Elicker
language : en
Publisher:
Release Date : 1988

Privatization In Chile written by Paul H. Elicker and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988 with Government business enterprises categories.




The Rise And Fall Of The Privatized Pension System In Chile


The Rise And Fall Of The Privatized Pension System In Chile
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Author : Andrés Solimano
language : en
Publisher: Anthem Press
Release Date : 2021-02-18

The Rise And Fall Of The Privatized Pension System In Chile written by Andrés Solimano and has been published by Anthem Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-02-18 with Business & Economics categories.


‘The Rise and Fall of the Privatized Pension System in Chile’ focuses on the Chilean experience with a privatised pension system since the early 1980 when launched by the Pinochet regime. It explores economic, financial and political economy dimensions of a private pension system based on individual savings capacity implemented in a highly unequal country. The book also highlights the role played by the pension system as a mechanism of savings redistribution from wage earners and the self-employed to the funding of big corporations at home and abroad, in a process intermediated by profit-making pension fund management companies. The book compares the resilience of Chile’s private pension system with the reversals of the privatised pension system in recent years in countries of Latin America and Central-Eastern Europe. It outlines a program of structural pension reform towards a more progressive, public-based system.