This paper analyzes Senegal's experience with telecommunications liberalization and privatization. Senegal privatized its incumbent operator in 1997, and granted the newly privatized firm seven years of fixed-line exclusivity while introducing "managed competition" in the cellular market and...

This paper analyzes Senegal's experience with telecommunications liberalization and privatization. Senegal privatized its incumbent operator in 1997, and granted the newly privatized firm seven years of fixed-line exclusivity while introducing quot;managed competitionquot; in the cellular market...

This paper endeavours to shed light on the respective roles of the formal and the informal credit markets in developing countries. We use survey data for manufacturing firms in Cote de Ivoire, documenting their access to informal credit markets, their investments, and their financing. We...

The devaluation of the CFA Franc in 1994 generated a public investment boom in Senegal. The increase in public investment was made possible thanks to an improved budgetary situation related to the reduction in real terms of the public wage bill which had been too large for some time. The rise in...

This paper analyzes Senegal's experience with telecommunications liberalization and privatization. Senegal privatized its incumbent operator in 1997, and granted the newly privatized firm seven years of fixed-line exclusivity while introducing"managed competition"in the cellular market and free...

This paper reviews some findings by Azam and Thelen (2008, 2010, 2012) that illustrate how foreign aid is used by rich countries to purchase the services of recipient governments with a view to protect or promote their economic and political interests. In particular, these findings show that...