Showing 1 - 10 of 247
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/10012747895
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/10012748030
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/10012748039
Vietnam's power sector has developed rapidly since the 1990s to become a top performer among developing countries. This success has occurred mostly under a state-owned utility, Electricity Vietnam. Select market-oriented reforms to date have also had some positive impact. By the late 1990s, the...
Persistent link: https://www.econbiz.de/10012840290
The challenge of power sector reform in the Arab Republic of Egypt has long been dominated by extremely high subsidies, with prices set well below the costs of supply. These subsidies have taken a variety of forms: explicit subsidies in the government budget, implicit subsidies in the...
Persistent link: https://www.econbiz.de/10012840716
The quality of the public procurement system of an economy can have far-reaching effects on the private sector. This paper empirically explores several of these effects using two rich data sets. An overall indicator of public procurement quality is created from the World Bank?s Benchmarking...
Persistent link: https://www.econbiz.de/10012911549
Public sectors in the Pacific Islands are frequently described as being' too big' and as' crowding out' private sector economic activity. Reducing their size, it follows, would provide much-needed space for private sector expansion and result in higher levels of economic growth. This paper...
Persistent link: https://www.econbiz.de/10012972496
Support for economic reforms has often shown puzzling dynamics: many reforms that began successfully lost public support. This paper shows that learning dynamics can rationalize this paradox because the process of revealing reform outcomes is an example of sampling without replacement. This...
Persistent link: https://www.econbiz.de/10012972970
Private Chinese outbound investment, not as well-known as government-led investment, offers special opportunities and challenges for Africa today. The significance of Chinese private-sector investment is already visible in the burgeoning manufacturing sector in some parts of Africa, and the...
Persistent link: https://www.econbiz.de/10012974708
This paper studies the governance structure of state-owned enterprises in the water and electricity sectors of Latin America and the Caribbean. Through a unique dataset, the paper compares 44 leading state companies of the region based on an aggregate measure of corporate governance and six...
Persistent link: https://www.econbiz.de/10012975856