Showing 11 - 20 of 51
The most effective regulators in developing countriesare following remarkably similar approaches. The main common element across"best practice"countries is the use of relatively simple quantitative models of operators'behavior and constraints to measure the impact of regulatory decisions on some...
Persistent link: https://www.econbiz.de/10005030393
Providing a more complete framework for assessing the efficiency of government intervention requires moving away from the idealistic perspective typically found in the normative approach to traditional public economics, contend the authors. Such a move requires viewing the government not as a...
Persistent link: https://www.econbiz.de/10005030403
. And the authors show that the institutional capacity of the country, as well as its governance quality, are significant …
Persistent link: https://www.econbiz.de/10005030472
the sector - typically in tandem with local construction companies - that feel confident they can take on regulators in …
Persistent link: https://www.econbiz.de/10005128600
Almost a decade after Argentina began privatizing its railways, resolution of conflicts between regulators, users, and operators continues to take longer, and to be more difficult, than expected. The authors contend that many of these conflicts arose because there are no rules for interactions...
Persistent link: https://www.econbiz.de/10005128686
face major affordability and service quality issues which were not well addressed by the reforms of the 1990s. The authors …
Persistent link: https://www.econbiz.de/10005128913
Economists often characterize the regulation of monopolies as a"game"(between the regulator and the service provider) in which the two players do not share the same information. The regulator is assumed to have poorer information than the service provider about the scope of future efficiency...
Persistent link: https://www.econbiz.de/10005129119
inconsistent with the fiscal gains expected by many policymakers as they engage in infrastructure privatization programs. …
Persistent link: https://www.econbiz.de/10005133420
It is commonly argued that when the benefits of an infrastructure service are mostly local and there is little scope … - decentralization is the most effective way to deliver service. Those services have been decentralized in many countries, and many …. Power generation and distribution can now be handled competitively by decentralized units, and parts of some local telephone …
Persistent link: https://www.econbiz.de/10005133563
risks of collusion and other types of anti-competitive behaviors local regulators would not be equipped to address. …
Persistent link: https://www.econbiz.de/10005134074