11. Now much of that money has evaporated, the movie industry has been privatized and many artists and stage directors are struggling to make ends meet. 12. Parliament has approved legislation to implement many reforms like restructuring the banking system and privatizing more industries. 13. Serra also said the implication of favoritism does not square with the position taken by the Commerce Department when the corn-flour industry was privatized. 14. The industry was privatized earlier in the decade, and a government prohibition on takeovers of the companies was lifted this year. 15. The miners were especially motivated because wages, pensions and social benefits were often the first victims of privatizing industries. 16. The standoff, which was unusually violent, underscores the frustration across Latin America with government efforts to privatize state industries. 17. Under Cardoso, the country has made headway toward market-oriented reforms, privatizing state industries and slaying chronic hyperinflation. 18. Under Salinas, Mexico liberated its economy from state-run controls, privatized several industries and opened up the borders to foreign investment. 19. Unions consider themselves a legal and legitimate opposition to fiscally conservative governments that have been bent on privatizing industries and holding down labor spending. 20. When the government privatized the industry, however, it divided the generating, transmission and supply of electricity into separate businesses in an effort to encourage competition. |