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"The authors analyze general equilibrium relationships between trade policy and the household distribution of income, decomposing social welfare into real income level and variance components and emphasizing Gini and Atkinson indexes. They embed these inequality-adjusted social welfare functions...
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Investment commitments to infrastructure projects with private participation grew in 2005, but the number of infrastructure projects reaching financial closure fell, according to just-released data from the Private Participation in Infrastructure Database
Persistent link: https://www.econbiz.de/10012556132
This Note looks at systems some governments have used to transform unsolicited proposals for private infrastructure projects into competitively tendered projects. It focuses on the policies that Chile, the Republic of Korea, the Philippines, and South Africa have adopted for managing such...
Persistent link: https://www.econbiz.de/10012556452
"Over the past two decades, globalization, and more specifically the increased exposure to competition from low-price producers in China and India, has created a new economic environment for other emerging economies. The most advantageous way for manufacturing firms in those economies to...
Persistent link: https://www.econbiz.de/10011394188
"The paper evaluates the effects of privatization in the post-communist economies and China. In post …-communist economies privatization to foreign owners results in a rapid improvement in performance of firms, while performance effects of … privatization to domestic owners are less impressive and vary across regions, coinciding with differences in policies and …
Persistent link: https://www.econbiz.de/10011394105
"The paper analyzes governments' tradeoff between fiscal benefits and consumer surplus in privatization reforms of … noncompetitive industries in developing countries. Under privatization, the control rights are transferred to private interests so … developing countries, tight budget constraints imply that privatization may be optimal for low profitability segments. For highly …
Persistent link: https://www.econbiz.de/10010522112
"The authors analyze the impact of privatization on the performance of 116 electric utilities in 10 Latin American … the first systemic analysis of the impact of privatization on the distribution of the electricity sector. Second, it … picture of the effects of privatization on consumers. Fourth, this research covers a longer period of time, and evaluates …
Persistent link: https://www.econbiz.de/10010522126
alternative will not grow unless rent, management, and tax reforms are boldly implemented and housing privatization truly …
Persistent link: https://www.econbiz.de/10010522176