This volume has 18 papers on the theoretical and practical aspects of privatization and deregulation in the sectors of public utilities, telecommunications and public transport, and on the implications of these policies for the capital market and industrial relations.

"Ninety-nine percent of Filipinos are waiting for a telephone and the other one percent for a dial tone…” - Lee Kuan Yew, November 1992. A decade after the above "e, far reaching reforms in the telecommunications sector has dramatically changed the situation in both the Philippines and...