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Historically South Africa has favoured incumbents/national champions over rivalry (competition) in the telecommunications sector. However, the importance of competition has become more apparent with each new development in the sector. Given the changes in this dynamic sector it is important to...
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Motivated, in part, by the new quot;rule of lawquot; paradigm in development economics, we examine the role of institutions, broadly defined, on the rate of mobile network build-out. We find that the quot;strictquot; rule of law (i.e., strong protection of private contract and property) does not...
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