Last year's Budget presented by the Chancellor of the Exchequer, Gordon Brown, on March 17, 1998, proposed radical changes to the way the capital gains of individuals and trusts are to be taxed in the United Kingdom. These changes--and in particular the abolition of indexation for assets...

In this paper we compare the privatisation and deregulation experience of German railroads with the telecommunications sector. In section 2 the period of nationalisation, legal entry barriers and self-regulation for the German railroad and the telecommunications sector is characterized. Section...