consequences. It describes the policy frameworks to promote renewable energy as well as fossil-fuel subsidies, which are still …

correcting R&D market failures, can be useful complements to emissions pricing, but ambitious renewable targets or subsidies seem …

, especially for subsidies. Inexperienced developers are more responsive to liability relief and regulatory relief than they are to … subsidies. Similar considerations hold true for larger developers. …

Privatization has certainly been one of the main events of the economic and financial history of the 20th century …. Between 1997 and 2004 more than 4,000 privatization operations were carried out in the world, bringing to governments revenues … factors. This paper investigates the causes of this process, summarizes the main trends of privatization activity at the …

This paper discusses the most important theoretical contributions to the literature on privatization, focusing on … emerging economies, and gives a summary on recent research concerning the ways privatization might affect the development of … privatization and the reduction in social welfare and the possibility that the privatization process itself may have conflicting …

This paper provides an empirical analysis of the role of political institutions in privatization. The empirical testing … we show the likelihood and the extent of privatization to be strongly and positively associated with majoritarian … political systems. On the contrary, in consensual democracies privatization seems delayed by a “war of attrition” among …