The article went on to identify some of the reasons why privatization was successful in Chile:...

The article went on to identify some of the reasons why privatization was successful in Chile: “Chile has been able to mobilize so much private money because its governments have established legal and regulatory procedures that investors trust. “In case of a dispute we have to go to arbitration, which we've used and it works,” says Mr Noman..” Which of the determinants of growth discussed in the chapter are operative here?