Successful network utility privatisation requires incentive-based regulation that allows investment to be adequately rewarded form unsubsidised revenues while maintaining quality, and restructuring that permits effective competition for the network services. The potential for success and the...

Regulators have long been aware of the social aspects of communication. In the past, regulated monopolists have provided Universal Service Obligations, typically funded via a systeme of cross-subsidies. In this paper, we first review the rationale for imposing Universal Service Obligations,...

The theory of road pricing developed for single links suggests time and location varying changes equal to the marginal congestion cost at the efficient level of traffic.The second-best network counterpart is derived, but would be infeasible to implement. Cordon tolls are feasible, and their...

The paper assesses the distributional and efficiency/disincentive aspects of the Greek indirect tax system, which provides 60% of total tax revenue. The marginal welfare costs of broad commodity groups were computed to identify welfare-improving directions of reform. The disincentive effects...