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Over the past decade, Africa has been experiencing an economic resurgence. Yet, the continent is facing several difficult challenges and many economies of the region continue to be among the least competitive in the world. Africa's competitiveness is adversely affected by: (i) poor regional...
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Infrastructure is crucial for generating growth, alleviating poverty, and increasing international competitiveness. For much of the twentieth century and in most countries, the network utilities that delivered infrastructure services such as electricity, natural gas, telecommunications,...
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Throughout the world, the rail industry has been one of the most heavily regulated sectors. The public utility paradigm of government regulation has failed to handle the central regulatory problem--the mixture of competive and monopoly elements in supply-- and is now being blamed for the poor...
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