(VF)L'objectif de ce « Point sur… » est de présenter les principales tendances actuelles guidant les recherches concernant le phénomène des privatisations. Suivant le mouvement observé en pratique depuis la fin des années quatre-vingt dix, les recherches se focalisent sur les...

Central and Eastern Europe economic environments witness some changes that took place in the competitive environment, but also within the economic systems, as a consequence of the structural changes that took place especially after 1989, considered to be a decisive year for the economies from...

Badly defined institutional framework caused many problems of the Czech transition. Designers of the economic reform did not respect the importance of precisely functioning market institutions. No doubts that building institutions supports the functioning of markets. The article analyses why...

This paper describes the core features of the power sector 1994 regulatory reform and evaluates utility performance and efficiency before and after the reform. The performance analysis assesses the changes in means and medians of a series of profitability, efficiency, investment, sales of the...

This paper offers an empirical analysis of the impact of reforms in the natural gas industry on consumer prices across the EU-15 area. After briefly reviewing the most recent reforms, we study the relationship between regulatory indicators and price dynamics by means of panel data econometrics....

Corporate governance reforms have traditionally been studied from the opposing perspectives of global convergence and local persistence, but empirical support for each of these alternatives is mixed at best. Our study of corporate governance reforms in no less than 22 wealthy nations around the...

I will try to address three questions in this paper: Why is regulatory rigidity so Common and persistent given that it is seemingly disfunctional? What are its costs? What does the existence of regulatory rigidity imply for developing countries who are now trying to foster private entreprise and...