Why do some countries adopt market-oriented reforms such as deregulation, privatization and liberalization of … competition in their infrastructure industries while others do not? Why did the pace of adoption accelerate in the 1990s? Building … on neo-institutional theory in sociology, we argue that the domestic adoption of market-oriented reforms is strongly …

other. As for competition policy, this implies that growth-enhancing policies maybe misguided and that quick deregulation as …This paper proves three theorems on growth and competition in a standard increasing variety endogenous growth model and … draws conclusions for second-best competition policies. First, no growth may be better than some growth, since modest …

The most fundamental proposition about growth and competition is that there is a tradeoff between static welfare and … other. The policy implications are that growth-enhancing policies may be misguided and that quick deregulation as well as …

quality of foreign accounts liberalisation, deregulation and privatisation, but in a wider context the direct and indirect …

This paper provides an overview of the possible linkages between state-owned banks, privatization, and banking sector … provide guidance to policymakers regarding bank privatization. …

, deregulation of a cross-subsidizing public utility, and the entry of an autarkic economy into world trade. …

Power sector reforms across Latin America in the 1990s based on privatization, liberalization, and market forces were …

Power sector reforms across Latin America in the 1990s based on privatization, liberalization, and market forces were …