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"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/10010520955
"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 that public subsidies decline. This benefit for...
Persistent link: https://www.econbiz.de/10010522112
"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/10010522182
"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 … econometric studies of independent central banks and their governance. The authors conclude with a discussion of policy …
Persistent link: https://www.econbiz.de/10010522663
"Da Silva, Estache, and Jarvela describe the evolution of the financing structure of regulated privatized utilities and transport companies. To do so, they rely on a sample of 121 utilities distributed over 16 countries, and 23 transport infrastructure operators and 23 transport services...
Persistent link: https://www.econbiz.de/10010522960
Persistent link: https://www.econbiz.de/10010523445
If having firm-driven renegotiations of contracts for infrastructure services is a major concern, efficiency should not be the only consideration in selecting an operator, indeed, consumers may want to award the concession to a less efficient firm if that would reduce the probability of...
Persistent link: https://www.econbiz.de/10010523932
Empirical results from India suggest that politicians exert greater effort in managing public works during election …
Persistent link: https://www.econbiz.de/10010524270
discusses the factors which can facilitate the development of accountability and participatory governance mechanisms. Lessons … impact of participatory governance on policymaking, while emerging, is still a work in progress. The paper concludes with … recommendations for how developing country societies might sustain real achievements in participatory governance and domestic …
Persistent link: https://www.econbiz.de/10010522162
Persistent link: https://www.econbiz.de/10010523011