"Privatization and Equity in Brazil and Russia"

Werner Baer
University of Illinois at Urbana-Champaign
Department of Economics
218 David Kinley Hall, M/C 706
1407 W. Gregory
Champaign, Illinois 61820
Email:  w-baer@uiuc.edu

James T. Bang
University of Illinois at Urbana-Champaign
330 Wohlers Hall, M/C 706
1206 S. Sixth Street
Champaign, IL 61820
Email:  jbang@uiuc.edu

 

Ciber Abstract

The main concern in this comparative analysis is the impact of privatization on equity in each country – i.e., the distribution of assets and income.  In the case of Brazil, with a long tradition of asset and income concentration, concern with privatization’s equity impact was not taken into account.  In the case of Russia, which emerged from 70 years of communism, concern about asset and income distribution played a more significant role in the design of its privatization program.  It is the major purpose of this article to analyze the actual distributional results of privatization in each country.

 

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Last updated February 18, 2002 by Linda Huff
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