Privatization in Costa Rica: A Multi-dimensional Analysis
Privatization in Costa Rica offers an assessment of the last twenty-five years of privatization efforts in Costa Rica, and argues that one-dimensional thinking about the privatization of state services is misdirected. An historical perspective on privatization in general within the context of commercial globalization is followed by a review of Costa Rica's political economy and it's integration into a global market in terms of privatization.
Case studies of three types of privatization attempted include the Costa Rican Development Corporation (CODESA); the Costa Rican Electricity Institute (ICE), which includes telecommunications; and the Costa Rican Social Security System (CCSS/INS). In some cases privatization indeed represents an effective response to the particular historical circumstances the country faces. In other instances, however, privatization can be inappropriate.
This study is unique in that it critiques privatization in Costa Rica specifically and Central America in general. Its analysis is potentially applicable to smaller developing countries around the globe that are often neglected, but substantial in number.
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Privatization in Context
Costa Rican Political Economy in Historical
Second Republic and the Rise and Crisis of the Welfare
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administration agencies agricultural Alajuela APINS Arias basic became bureaucracy CAFTA Caja Calderon capital capital flight Carazo CCSS Central American chapter CODESA Coffee Barons colonial competition cost Costa Rica Costa Rican National Costarricense country's crisis debate debt democratic Dissolved and liquidated economic efforts election elite enterprises established export Figueres Figueres's force foreign Fumero funds Guardia Guatemala ICE's important increased industry institutions investment Jose junta labor labor unions Latin America liberal ment Monge Mora natural monopoly Nicaragua nomic Oduber organizations party patents percent policies political president private companies private sector production profits protection public sector rates reforms result Rica's Rican Rinehart role Salas Picado Sandinista Second Republic Serrano social security solidarity state's Structural Adjustment Structural Adjustment Programs subsidiarity taxes telecommunications tion transfer Trejos unions USAID Valverde Vega Carballo workers World Bank