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The enterprises. In certain cases level of investments and quality of services
Are much more low, than it has been provided in the contract about
Privatisations, result of that was application of sanctions against several
The privatised companies. From the rise in prices practised
Occurs because the state regulates their activity insufficiently.
For example, in a case about a Telecom standard rules have been developed already after
How company privatisation has been finished.
In general, the Argentina program of privatisation from a financial point
Sight has passed successfully. It has helped the government to cut down the budgetary
Deficiency to less than 0,5 percent in 1995 and also to extinguish 40 percent from
Total sum of the debt to the commercial banks remaining after the plan
- (after 1989). Process of privatisation YPF - Argentina oil
The companies, and also lessons of privatisation of the Argentina steelmaking company
Are considered in the Application 4.
In Chile have begun the program of mass privatisation in 1974, and the first
Its results were satisfactory. During the first stage of privatisation
The government has concentrated attention to property cession of rights on
Large financial and industrial holding groups. During the economic
Crisis of 1982 in Latin America these groups have started to try
To provoke system crisis in financial sector. It was necessary to the government
Course of the second stage of privatisation.
However one more wide privatisation has in the mid-eighties begun
Campaign, but already with consideration of each separate case of privatisation and
Use of various methods of sales. During the period with 1974 on 1996 was
It is privatised more than 550 state enterprises (90 %) that has brought in the country budget
Hardly there is less than 3 billion dollars. Pursuing a policy of privatisation and rigid
The financial policy, last years Chile the budgetary was possible to transform
Deficiency in excess of incomes over expenses and to reduce an external debt to
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