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Infrastructure and Public Utilities Privatization in Developing Countries
Auriol, Emmanuelle; Picard, Pierre M. - 2012
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/10012553772
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Utilities Reforms and Corruption in Developing Countries
Estache, Antonio; Goicoechea, Ana; Trujillo, Lourdes - 2012
This paper shows empirically that "privatization" in the energy, telecommunications, and water sectors, and the … privatization and the introduction of independent regulators have, at best, only partial effects on the consequences of corruption …
Persistent link: https://www.econbiz.de/10012553902
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How Widespread Were Private Investment and Regulatory Reform in Infrastructure Utilities During the 1990s?
Estache, Antonio; Goicoechea, Ana - 2012
This note provides a snapshot as of 2004 of the share of countries with an independent regulatory agency and with at least some private sector financing of its sectoral investment needs for electricity, water and sanitation, and telecommunications. Among other things, they show that: For...
Persistent link: https://www.econbiz.de/10012554064
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Grand Corruption in Utilities
Kenny, Charles; S??reide, Tina - 2012
This paper discusses mechanisms of grand corruption in private sector utility provision in developing countries. By the term "grand corruption," the authors abstract from the petty corruption that consumers experience - for example, when firms and individuals pay bribes to get water delivery or...
Persistent link: https://www.econbiz.de/10012552242
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The Pricing Dynamics of Utilities with Underdeveloped Networks
Chisari, Omar O.; Kessides, Ioannis N. - 2012
pricing behavior. These findings have important implications for the design of post-privatization regulatory governance in …
Persistent link: https://www.econbiz.de/10012552649
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The Distributional Incidence of Residential Water and Electricity Subsidies
Komives, Kristin; Halpern, Jonathan; Foster, Vivien - 2012
Subsidies to residential utility customers are popular among policymakers, utility managers, and utility customers alike, but they are nonetheless the subject of much controversy. Utility subsidies are seen as a way to help make utility service affordable for poor households and as an...
Persistent link: https://www.econbiz.de/10012553702
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Regulatory Effectiveness : The Impact of Regulation and Regulatory Governance Arrangements on Electricity Industry Outcomes
Stern, Jon; Cubbin, John - 2012
The authors review a number of studies on the effectiveness of utility regulatory agency and governance arrangements for the electricity industry, particularly for developing countries. They discuss governance criteria and their measurement, both legal frameworks and surveys of regulatory...
Persistent link: https://www.econbiz.de/10012553998
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New Tools for Studying Network Industry Reforms in Developing Countries : The Telecommunications and Electricity Regulation Database
Wallsten, Scott; Clarke, George; Haggarty, Luke - 2013
changes in the 1990s. During that decade, hundreds of privatization transactions valued at billions of dollars were completed … in these sectors in developing and transition economies. While privatization has received the most attention, reforms …
Persistent link: https://www.econbiz.de/10012559687
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Is Debt Replacing Equity in Regulated Privatized Infrastructure in Developing Countries?
da Silva, Luis Correia; Estache, Antonio; J??rvel??, Sakari - 2013
The main purpose of this paper is to describe the evolution of the financing structure of regulated privatized utilities and transport companies. To do so, the authors rely on a sample of 121 utilities distributed over 16 countries, and 23 transport infrastructure operators and 23 transport...
Persistent link: https://www.econbiz.de/10012559800
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Can Cost-Benefit Analysis Guide Education Policy in Developing Countries?
Jimenez, Emmanuel; Patrinos, Harry Anthony - 2012
Cost-benefit analysis in education is an important tool in the economists' arsenal. However, it is essential that research, especially on the social benefits of education, make further progress to make cost-benefit more analysis. There is a need for more research on the effects of policy...
Persistent link: https://www.econbiz.de/10012552352