Worldwide privatization of the telecommunications industry and the introduction of competition in the sector, altogether with the ever-increasing rate of technological advance in telecommunications, raise new and critical challenges for regulation. For matters of pricing, universal service...

The economics rates of return for utility privatization projects in Argentina are very high, wheter or not distributional weights are considered. But there is a very high shadow price for regulatory activity, which tends to be ignored in most privatization exercises. And how serious a government...

During the 1990s, in most regions of the world, governments restructured their infrastructure sectors to facilitate some form of private participation in the operation and financing of the sector. These reforms, generally associated with other macroeconomic reforms which included the...