Infrastructure industries-including telecommunications, electricity, water, and gas-underwent massive structural changes in the 1990s. During that decade, hundreds of privatization transactions valued at billions of dollars were completed in these sectors in developing and transition economies....

As direct trade barriers have fallen, regulatory policy has become an increasingly important source of remaining trade distortions and international trade disputes. The purpose of this paper is to set forth why regulatory policy can create important trade distortions, and to argue how...

Since World War II, developing nations have embarked on two massive changes in telecommunications policy. The first was the wave of nationalization of private companies that took place mostly in the 1950s and 1960s, and the second is the now ongoing process of re-privatization and, to a lesser...