The Political Economy of Oil Production in Latin America∗
نویسندگان
چکیده
The 1990s witnessed a period of significant increase in investments in the oil and gas sector in Latin America. In most countries private investment took the lead after the privatization and liberalization of the sector. For example, in Argentina, Bolivia, Brazil, Ecuador, and Venezuela, private oil investment and/or some form of privatization made possible significant additions in hydrocarbons production and/or reserves.
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