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This paper reviews recent empirical evidence on privatisation in developing countries. Particular emphasis is placed on new areas of research such as the distributional impacts of privatisation. Overall, the literature now reflects a more cautious and nuanced evaluation of privatisation. Thus it...
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experiences in other areas suggesting that competition could provide large benefits to hitherto regulated utilities in local …
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economists' treatment of network industries: from cost-of-service regulation through incentive regulation to vertical …
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