Costs x Benefits Privatization (Anuatti-Neto et. alli)

Costs and benefits of privatization: evidence from Brazil by Francisco Anuatti-Neto, Milton Barossi-Filho, Antonio G. de Carvalho and Roberto Macedo. The paper tests the proposition that private ownership is more effective, but it also looks at the ways by which privatization results in increased profits, such as higher prices and reduced employment. It also discusses the management of the privatization process in terms of its macroeconomic implications and in its objective of democratizing capital ownership, among other issues.