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Efficient broadband technologies such as DSL, fibre, cable modem, powerline communications, UMTS, WLAN or WiMax are powerful locational factors for an economy. Europe in particular should promote broadband communication further to tap into its growth potential. But given the prevailing ownership...
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Physical telecom networks are costly and few, traditionally to the point of monopoly. Innovation thrives with many independent minds. So one might hope independent innovators, not only its proprietor M, can offer innovative services on a network, as has been true on the Internet. This issue is...
Persistent link: https://www.econbiz.de/10005134558
Inflated retail prices and termination rates for international telecommunications have spawned traffic re-routing practices, including call turnaround (e.g., callback) and re-origination via third countries. The US and other liberalized countries that allow telecom competition favor such...
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such as the infrastructure described by the Teledensity, the employment and the Telecom revenues in comparison with the …
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outflows. Increases in indebtedness followed the liberalisation of capital flows and domestic financial sectors. …
Persistent link: https://www.econbiz.de/10005126411
In India, the supply of electricity relies heavily on a virtually bankrupt and sometimes corrupt system of state electricity boards (SEBs), which have failed to bring electricity to approximately 40% of rural households. High subsidy levels to agriculture and domestic customers and widespread...
Persistent link: https://www.econbiz.de/10005118875
The Japanese banks played a major role in the economic development of Japan during the post-war period between 1945 and 1973. They financed start-up companies and actively funded their expansion. They were prime financiers since there were restrictions on other options of financing such as...
Persistent link: https://www.econbiz.de/10005119381
The trend in manufacturing has not shifted post-91. Liberalisation shares in the high trend phase in manufacturing …, that was ushered in after 1981, which continued even after 1991. Liberalisation however, seems to have changed the … structure of demand responses of manufacturing output. In contrast to pre-liberalisation years, after 1991, manufacturing growth …
Persistent link: https://www.econbiz.de/10005561421
There are three main paradigms that are the basis for the industrial policies throughout the world: institutionalism, Marxism, and free- enterprise. Of the three, two have been widely and intensively implemented and both of them have dismally failed. Institutionalism and Marxism either are, or...
Persistent link: https://www.econbiz.de/10005076899