Using unique household data sets for six Latin American
countries, the essays collected in this volume put together a
compelling picture of the effects of privatization. Prices usually
increase significantly in the wake of privatization, which can
prove particularly difficult for low-income groups. On the other
hand, privatized services often lead to expanded coverage, greatly
benefiting even poorer groups. Symbolic issues as well as material
outcomes are relevant, as access to public services generates a
sense of inclusion and provision of basic rights to historically
excluded populations.
The expansion of service that has accompanied privatizations in
Latin America not only provides the less well-off with the
opportunity to use those services, but also offers the possibly
more important benefit of a sense of inclusion in society.
Increased access to services further allows Latin Americans to
enjoy a higher quality of life and provides the opportunity to
generate more stable sources of income.
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