A decade long experience shows that monitoring the performance of public and private monopolies in South America is proving to be the hard part of the reform process. The operators who control most of the information needed for regulatory purposes have little interest in volunteering their...

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

A decade of experience has shown that monitoring the performance of public and private monopolies is the hardest part of electricity sector reform in South America--because operators control most of the information needed for effective regulation. South American electricity regulators can reduce...

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

A decade long experience shows that monitoring the performance of public and private monopolies in South America is proving to be the hard part of the reform process. The operators who control most of the information needed for regulatory purposes have little interest in volunteering their...

In the 1980s, cotton production in sub - Saharan Africa expanded significantly. Annual production growth averaged 4.7 percent between 1980 and 1990, compared with only 1.2 percent for 1964-79. At the same time, cotton exports grew an average 8 percent a year, compared with almost no growth...

We analyze the impact of alternative regulatory regimes on the labor productivity of electricity distribution firms in Latin America. We find that (i) incentive-based regimes lead to higher labor productivity than rate-of-return regulation, and (ii) privatized firms operating under rate of...