Paul Holden - Unshackling the private sector: a Latin American story, Page 93
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Unshackling the Private Sector : A Latin American Story Directions in Development (Washington, D. C.)
author
:
Holden, Paul.; Rajapatirana, Sarath.
publisher
:
World Bank
isbn10 | asin
:
0821333364
print isbn13
:
9780821333365
ebook isbn13
:
9780585184494
language
:
English
subject
Free enterprise--Latin America, Latin America--Economic policy, Latin America--Economic conditions--1982-
publication date
:
1995
lcc
:
HC125.H66 1995eb
ddc
:
338.98
subject
:
Free enterprise--Latin America, Latin America--Economic policy, Latin America--Economic conditions--1982-
DIRECTIONS IN DEVELOPMENT
Unshackling the Private Sector
A Latin American Story
Paul Holden Sarath Rajapatirana
Page ii
1995 THE WORLD BANK 1818 H Street, N.W. Washington, D.C. 20433
All rights reserved. Manufactured in the United States of America First printing July 1995
The findings, interpretations, and conclusions expressed in this study are entirely those of the authors and should not be attributed in any manner to the World Bank, to its affiliated organizations, or to members of its Board of Executive Directors or the countries they represent.
Cover graphic: DA Art Studio Inc.
Library of Congress Cataloging-in-Publication Data Holden, Paul, 1944 Unshackling the private sector : a Latin American story / Paul Holden and Sarath Rajapatirana. p. cm.(Directions in development) Includes bibliographical references ISBN 0-8213-3336-4 1. Free enterpriseLatin America. 2. Latin AmericaEconomic policy. 3. Latin AmericaEconomic conditions1882 I. Rajapatirana, Sarath. II. Title. III. Series: Directions in development (Washington, D.C.) HC125.H66 1995 95-22319 338.98dc20 CIP
Page iii
Contents
Foreword
vii
Acknowledgments
ix
1. Introduction
1
2. The Latin American Business Environment
6
Barriers to Entry and Exit
8
Costs of Dealing with Government
9
Government Influence on Business Relations
10
Obstacles to Business Growth
12
The Informal Sector
16
Characteristics of Informality
17
Causes of Informality
18
Consequences of Informality
18
Lessons of Reform of the Business Environment
20
3. Macroeconomic Policies
21
Results of the Private Sector Surveys
22
Macroeconomic Policies and the Private Sector in the Early 1980s
23
Macroeconomic Reforms in the Late 1980s and Early 1990s
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