Mexico privatization

Mexico privatization - Privatization in Mexico Click to...

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Click to edit Master subtitle style 1/25/11 Privatization in Mexico Liliya Yotova
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1/25/11 The first period lasted from 1982-1988: began as the result of a “Restructuring Program” with the aim of increasing the overall efficiency of the public sector The program involved restructuring measures as well as a general “cleaning up” of the sector through liquidations, mergers, transfers, and privatizations Nearly 300 SOEs were liquidated or shut down and 157 were privatized .
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1/25/11 The second period lasted from late 1988 to 1993: Firms sold represent over 96 percent of all assets privatized, and they employed 311,000 workers, or 35 percent of the total workforce of SOEs To manage this huge task in such a short time, the President created a special unit within the Ministry of Finance, the Office of Privatization of State-Owned Enterprises (OP), to coordinate a decentralized process that encouraged the involvement of commercial banks, foreign businesses and financial valuators
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This note was uploaded on 01/24/2011 for the course ECON 361 taught by Professor Meyer during the Fall '10 term at George Mason.

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Mexico privatization - Privatization in Mexico Click to...

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