Showing 1 - 10 of 599
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 summarize the main lessons emerging from Argentina's experience, including universal service obligations in concession contracts. They discuss free-riding risks, moral hazard problems, and other issues that arise when social concerns are delegated to private operators. After...
Persistent link: https://www.econbiz.de/10012966170
This paper exploits unique features of a recently introduced tariff schedule for natural gas in Buenos Aires to estimate the short-run impact of price shocks on residential energy utilization. The schedule induces a nonlinear and non-monotonic relationship between households' accumulated...
Persistent link: https://www.econbiz.de/10012973456
-border syndicated loan market. Lending provided through a foreign subsidiary is subject to subsidiary-country regulation and … stringent bank regulation and supervision consistent with regulatory arbitrage, but that they prefer to originate loans in …
Persistent link: https://www.econbiz.de/10012859502
. The authors construct an index that measures the existence of laws and regulation that support mobile banking activity for … laws and regulation in supporting mobile banking. The analysis finds that a supporting regulatory framework is associated …
Persistent link: https://www.econbiz.de/10012973885
The agricultural and food sector is an ideal case for investigating the political economy of public policies. Many of the policy developments in this sector since the 1950s have been sudden and transformational, while others have been gradual but persistent. This paper reviews and synthesizes...
Persistent link: https://www.econbiz.de/10012974433
Improving the investment climate is among the top priorities in development. The World Bank Group's Doing Business …
Persistent link: https://www.econbiz.de/10012975046
emerging institutional innovations in globalized regulation. The framework highlights two dimensions of effectiveness -- the … for three distinctive approaches to globalized regulation: i) Government-centric approaches, including treaties, extra …-territorial regulation and government networks -- seven examples are assessed in the paper. ii) Civil regulation, including both joint …
Persistent link: https://www.econbiz.de/10012975657
The global financial crisis has focused much attention on procyclicality, particularly in the context of a macroprudential framework. This paper reviews a set of prudential measures that can be adopted by national authorities to deal with procyclicality and discusses issues in designing and...
Persistent link: https://www.econbiz.de/10012975729