"Privatization and
Equity in Brazil and Russia"
Werner Baer
University of Illinois at Urbana-Champaign
Department of Economics
218 David Kinley Hall, M/C 706
1407 W. Gregory
Champaign, Illinois 61820
Email: w-baer@uiuc.edu
James
T. Bang
University of Illinois at Urbana-Champaign
330 Wohlers Hall, M/C 706
1206 S. Sixth Street
Champaign, IL 61820
Email: jbang@uiuc.edu
Ciber
Abstract
The main concern in this comparative
analysis is the impact of privatization on equity in each country –
i.e., the distribution of assets and income.
In the case of Brazil, with a long tradition of asset and income
concentration, concern with privatization’s equity impact was not taken
into account. In the case of
Russia, which emerged from 70 years of communism, concern about asset and
income distribution played a more significant role in the design of its
privatization program. It is
the major purpose of this article to analyze the actual distributional
results of privatization in each country.
Last
updated February 18, 2002 by Linda Huff
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