Chong, Alberto; Lopez-de-Silanes, Florencio - Inter-American Development Bank - 2004
Over the last 20 years, Mexico redefined the role of the state in its economy through an ambitious program to … liberalize trade, promote efficiency and reduce the size and scope of the state-owned sector. In Mexico, privatization led to a … of Mexico, each month of delay reduced the sale price by 2. 2 percent. Finally, this paper argues that it is essential to …