Political Competition, Partisanship, and Policy Making in Latin American Public Utilities

Nonfiction, Social & Cultural Studies, Political Science, International, Foreign Legal Systems
Cover of the book Political Competition, Partisanship, and Policy Making in Latin American Public Utilities by Maria Victoria Murillo, Cambridge University Press
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Author: Maria Victoria Murillo ISBN: 9780511699429
Publisher: Cambridge University Press Publication: August 24, 2009
Imprint: Cambridge University Press Language: English
Author: Maria Victoria Murillo
ISBN: 9780511699429
Publisher: Cambridge University Press
Publication: August 24, 2009
Imprint: Cambridge University Press
Language: English

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.

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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.

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