Privatize what to develop who?

  • 2011-08-31
  • By Janis Berzins
Last week there was a very interesting discussion at Hotel Latvija. There were three guests: Ģirts Rungainis from Latvia, Morten Lallevig and Erik Reinert from Norway. The main question was about privatization and economic development. Personally, I have great interest in this theme, as I have researched and written extensively about the Brazilian privatization program, specifically about the role of foreign capital and its influence on the process of economic denationalization. The conclusion is not a surprise: low technology and low value-added sectors weren’t of special interest...
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