Showing 1 - 10 of 498
Djibouti is very well placed, as a landing site of undersea fiber optic cables, to benefit from the digital economy. However, the prevalence of a single national telecom operator in the country has stifled service delivery and innovation in the telecom sector. Mobile broadband coverage and...
Persistent link: https://www.econbiz.de/10012871008
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
Regulation often creates opportunities for public officials to extract bribes. If this is true, deregulation offers a … simple way to combat corruption. However, empirical evidence on the corruption and regulation nexus is limited. Further, the …
Persistent link: https://www.econbiz.de/10012841203
The majority of microenterprises in most developing countries remain informal despite more than a decade of reforms aimed at making it easier and cheaper for them to formalize. This paper summarizes the evidence on the effects of entry reforms and related policy actions to promote firm...
Persistent link: https://www.econbiz.de/10012974218
The author evaluates the effectiveness of policy measures adopted by Chile and Colombia, aiming to mitigate the deleterious effects of pro-cyclical capital flows. In the case of Chile, according to his Generalized Method of Moments (GMM) analysis, capital controls succeeded in reducing net...
Persistent link: https://www.econbiz.de/10012747799
Power market integration is analyzed in a two-country model with nationally regulated firms and costly public funds. If the generation costs between the two countries are too similar, negative business stealing outweighs efficiency gains so that the subsequent integration welfare decreases in...
Persistent link: https://www.econbiz.de/10012966114
The authors use a panel-data set for the period 1980-2002 to estimate demand for electricity and telecommunications … investment needs in electricity and telecommunications for the current growth scenario (3.6 percent a year) are of the order of 0 …
Persistent link: https://www.econbiz.de/10012748098
Some 25 years have elapsed since international financial institutions espoused a package of power sector reform measures that became known as the Washington Consensus. This package encompassed the establishment of autonomous regulatory entities, the vertical and horizontal unbundling of...
Persistent link: https://www.econbiz.de/10012900698
uptake of regulation, implementation has proved to be challenging in the developing world. Regulators were seldom as …-to-day practice of regulation. In practice, many developing countries operate with ?advisory regulators? whose main role is to provide … technical support to the ultimate political decision makers. Nevertheless, there is some evidence that regulation has had a …
Persistent link: https://www.econbiz.de/10012891606