Public-private partnerships in renewable energy in Latin America and the Caribbean

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Competencia y regulación en la banca: el caso de El Salvador

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Concentration in liner shipping

Containerization, telecommunication, globalization and privatization are among the most important recent trends that have affected shipping. Concentration is another trend which is expected to have a major impact. This refers to the increasing control in the hands of a small number of companies who hold an increasing market share. Although at first this process may be associated with dominant positions and abuse of monopoly power, in reality, the advantages for the economies of Latin America and the Caribbean should by far outweigh the disadvantages. This edition of the FAL Bulletin presents some of the findings of a recent study prepared by the ECLAC Transport Unit, entitled, Concentration in liner shipping - its causes and impacts for ports and shipping services in developing regions, LC/G.2027 , August 1998.

The opportunities and risks associated with privatizing railways in Latin America

Most railways in Latin America were built by private firms, often foreign owned. Over time, owing to a combination of nationalizations and competition from road transport, virtually all railways passed into government hands; the railroad industry became more and more of a white elephant for the Government because of the ever-increasing subsidies it swallowed up, its dwindling role in national economies, and a conviction that Governments should not be involved in productive activities. Consequently, the late 1980s saw the start of a trend towards denationalization of railways, with the latter being turned over to private, often foreign, interests. In this way, the railway industry in Latin America has come full circle in the space of 150 years. So far, there has not been any assessment of the recent privatization of railways in Latin America. However, the conclusion would probably be that: (i) privatization has on the whole been successful, and (ii) the results achieved would have been more positive still, had some things been done slightly differently. One problem is that the bidding process has failed to take into account the positive externalities associated with railways, such as the contribution they make to reducing road maintenance costs and environmental damage caused by road transport. Another unresolved issue is whether to put the entire railway system up for tender, or to invite separate bids for infrastructure and services. Economies of scale operate in the railway industry, favouring the existence of a number of rail companies. In the past, the railway companies of neighbouring countries such as Argentina and Paraguay, and Bolivia and Chile, enjoyed ties at director level, but these came to an end with the nationalization of railways. Now that the era of State involvement is itself drawing to a close, we can expect to see the formation of integrated railway systems, one of which might extend from Quijarro, on the border between Bolivia and Brazil, to Puerto Montt in the south of Chile.

Welcome to new Heads of the Gender Department

In this issue of Gender Dialogue, we wish to congratulate Ms. Ingrid Charles- Gumbs, St. Kitts and Nevis; Ms. Miriam Roache, Saint Vincent and the Grenadines, and Ms. Lera Pascal, Saint Lucia, on the assumption of the positions of heads of the national machineries in those countries. One of the purposes of this newsletter is networking and we are therefore providing some information on these three new officers, in our ‘Profiles of the new Heads of the national machineries for women’. We have also invited some of the “older hands” to share some of their experiences as head of national machineries and to give some advice. We are grateful to have received contributions from Ms. Anita Zetina (Belize) and Ms. Sheila Roseau (Antigua and Barbuda). We note that Ms. Jeannie Ollivierre, a long serving coordinator of the Women’s Bureau in Saint Vincent and the Grenadines, has now retired from the public service and we wish her all the very best. Ms. Bernadette Springer of Saint Lucia is now the Administrator of the Gros Islet Polyclinic and Ms. Rosalyn Hazelle has been promoted to Permanent Secretary in the Ministry of Social Development in St. Kitts and Nevis.