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Realizing institutions and regulations that foster economic growth is an essential asset for contemporary economies. This book investigates practices and options for steering individual and firm behaviour that prevents unacceptable externalities and boosts public interests. These...
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The wave of infrastructure privatization sweeping the world over the past decade or so has given rise to a new category of professional - the specialist utility regulator. These regulators, charged with administering regulatory frameworks that seek to balance the interests of consumers and...
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In 1989, the Argentine government initiated rapid privatization of infrastructure services-mainly gas, telecoms, electricity generation and transmission, and water and electricity distribution in the Buenos Aires metropolitan area. The author reviews the performance of the agencies set up to...
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market regulation indicator of the OECD and the Doing Business distance to frontier indicator of the World Bank. The authors … product market and business regulation—not in the area of governance. In fact, the authors show evidence for β-divergence in …
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