Abstract

RAMIREZ CEDILLO, Eduardo. The Process of Privatizations: Background, Implications and Results. Contad. Adm [online]. 2007, n.222, pp.97-114. ISSN 0186-1042.

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.

Keywords : Privatizations; Administrative Efficiency; Budget Deficit; National Debt.

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