ISSN: 0186-1042 ISSN-e: 2448-8410
The Process of Privatizations: Background, implications and results
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Keywords

PRIVATIZATIONS
ADMINISTRATIVE EFFICIENCY
BUDGET DEFICIT
NATIONAL DEBT

How to Cite

RAMÍREZ CEDILLO, E. (2009). The Process of Privatizations: Background, implications and results. Accounting & Management, (222). https://doi.org/10.22201/fca.24488410e.2007.616

Abstract

THE PROCESS OF PRIVATIZATIONS WHICH MEXICO FROM THE BEGINNINGS OF THE EIGHTIES WAS PUT UNDER WAS SUSTAINED UNDER AN ARGUMENT THAT TRIED TO JUSTIFY ITS ACCOMPLISHMENT AND THAT CONSISTED OF HONORING THE BAD ADMINISTRATION AND THE INEFFICIENCY OF THE COMPANIES OF THE STATE. NEVERTHELESS, THE PRIVATIZATION PROCESS WAS MORE TIE WITH THE OBJECTIVE TO ADJUST THE PUBLIC FINANCES. ONE THOUGHT THAT THE SALE OF THE PUBLIC COMPANIES COULD GENERATE CURRENCY FLOWS TO COVER THE PAYMENT OF THE DEBT AND, THIS WAY, TO RELEASE RESOURCES TO BE ABLE TO BALANCE THE PUBLIC FINANCES. HOWEVER, WHICH AT SOME MOMENT OF THE PROCESS IT ADVANCED IN THIS WAY, THE RESULTS WERE LIMITED ON SALE OF THE STATE COMPANIES AND LATER IT WAS RETURNED TO A SIMILAR SCENE, BUT ALREADY WITHOUT THE ASSETS OF THE STATE. THE CHANGE OF ASSETS BY LIABILITIES DID NOT THROW THE AWAITED RESULTS.
https://doi.org/10.22201/fca.24488410e.2007.616
pdf (Español (España))

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