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Empirical Analysis Of Competition Privatization And Regulation In Telecommunications Markets In Africa And Latin Am
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Book Synopsis An Empirical Analysis of competition, Privatization, and Regulation in telecommunications Market in Africa and Latin America by : Scott J. Wallsten
Download or read book An Empirical Analysis of competition, Privatization, and Regulation in telecommunications Market in Africa and Latin America written by Scott J. Wallsten and published by World Bank Publications. This book was released on 1999 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis An Empirical Analysis of Competition, Privatization and Regulation in Telecommunications Markets in Africa and Latin America by : Scott J. Wallsten
Download or read book An Empirical Analysis of Competition, Privatization and Regulation in Telecommunications Markets in Africa and Latin America written by Scott J. Wallsten and published by . This book was released on 1999 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: June 1999 - Empirical analysis of telecommunications reforms in 30 African and Latin American countries yields results largely consistent with conventional wisdom. Competition seems to be the most successful change agent, so granting even temporary monopolies may delay the arrival of better services to consumers. Reformers are correct to emphasize that regulatory reform accompany privatization, as privatization without regulation reform may be costly to consumers. Wallsten explores the effects of privatization, competition, and regulation on telecommunications performance in 30 African and Latin American countries from 1984 through 1997. Competition is associated with tangible benefits in terms of mainline penetration, number of pay phones, connection capacity, and reduced prices. Fixed-effects regressions reveal that competition-measured by mobile operators not owned by the incumbent telecommunications provider-is correlated with increases in the per capita number of mainlines, pay phones, and connection capacity, and with decreases in the price of local calls. Privatizing an incumbent is negatively correlated with mainline penetration and connection capacity. Privatization combined with regulation by an independent regulator, however, is positively correlated with connection capacity and substantially mitigates privatization's negative correlation with mainline penetration. Reformers are right to emphasize a combination of privatization, competition, and regulation. But researchers must explore the permutations of regulation: What type of regulation do countries adopt (price caps versus cost-of-service, for example)? How does the regulatory agency work? What is its annual budget? How many employees does it have? Where do the regulators come from? What sort of training and experience do they have? What enforcement powers does the regulatory agency have? In addition, researchers must deal with endogeneity of privatization, competition, and regulation to deal with issues of causality. This paper-a product of Regulation and Competition Policy, Development Research Group-is part of a larger research effort to analyze the role of competition in telecommunications with special emphasis on Africa. The author may be contacted at [email protected].
Book Synopsis Empirical Analysis of Competition, Privatization, and Regulation in Telecommunications Markets in Africa and Latin Am by : Scott Wallsten
Download or read book Empirical Analysis of Competition, Privatization, and Regulation in Telecommunications Markets in Africa and Latin Am written by Scott Wallsten and published by . This book was released on 1999 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis An Empirical Analysis of Competition, Privatization, and Regulation in Telecommunications Markets in Africa and Latin Am by : Scott Wallsten
Download or read book An Empirical Analysis of Competition, Privatization, and Regulation in Telecommunications Markets in Africa and Latin Am written by Scott Wallsten and published by . This book was released on 2016 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: Empirical analysis of telecommunications reforms in 30 African and Latin American countries yields results largely consistent with conventional wisdom. Competition seems to be the most successful change agent, so granting even temporary monopolies may delay the arrival of better services to consumers. Reformers are correct to emphasize that regulatory reform accompany privatization, as privatization without regulation reform may be costly to consumers.Wallsten explores the effects of privatization, competition, and regulation on telecommunications performance in 30 African and Latin American countries from 1984 through 1997.Competition is associated with tangible benefits in terms of mainline penetration, number of pay phones, connection capacity, and reduced prices. Fixed-effects regressions reveal that competition-measured by mobile operators not owned by the incumbent telecommunications provider-is correlated with increases in the per capita number of mainlines, pay phones, and connection capacity, and with decreases in the price of local calls.Privatizing an incumbent is negatively correlated with mainline penetration and connection capacity.Privatization combined with regulation by an independent regulator, however, is positively correlated with connection capacity and substantially mitigates privatization`s negative correlation with mainline penetration.Reformers are right to emphasize a combination of privatization, competition, and regulation. But researchers must explore the permutations of regulation: What type of regulation do countries adopt (price caps versus cost-of-service, for example)? How does the regulatory agency work? What is its annual budget? How many employees does it have? Where do the regulators come from? What sort of training and experience do they have? What enforcement powers does the regulatory agency have?In addition, researchers must deal with endogeneity of privatization, competition, and regulation to deal with issues of causality.This paper - a product of Regulation and Competition Policy, Development Research Group - is part of a larger research effort to analyze the role of competition in telecommunications with special emphasis on Africa. The author may be contacted at [email protected].
Book Synopsis Competition, Privatization, and Regulation in Telecommunications Markets in Developing Countries by : Scott J. Wallsten
Download or read book Competition, Privatization, and Regulation in Telecommunications Markets in Developing Countries written by Scott J. Wallsten and published by . This book was released on 1999 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Privatization in Latin America by : Alberto Chong
Download or read book Privatization in Latin America written by Alberto Chong and published by World Bank Publications. This book was released on 2005-03-15 with total page 526 pages. Available in PDF, EPUB and Kindle. Book excerpt: Privatization is under attack. Beginning in the 1980s, thousands of failing state-owned enterprises worldwide have been turned over to the private sector. But public opinion has turned against privatization. A large political backlash has been brewing for some time, infused by accusations of corruption, abuse of market power, and neglect of the poor. What is the real record of privatization and are the criticisms justified? 'Privatization in Latin America' evaluates the empirical evidence on privatization in a region that has witnessed an extensive decline in the state's share of production over the past 20 years. The book is a compilation of recent studies that provide a comprehensive analysis of the record of and accusations against privatization, with important recommendations for the future. Seven countries are investigated: Argentina, Bolivia, Brazil, Chile, Colombia, Mexico, and Peru. This book will be vital to anyone interested in the privatization debate but especially to those involved in civil service reform, corporate governance, economic policy, finance, and anticorruption efforts. 'Privatization is important but controversial. While economists typically favor it, others are skeptical. This book provides strong scientific evidence that privatization has been beneficial for many Latin American countries, although some privatizations failed and some groups in society lost out. As usual, the devil is in the details: how privatization is carried out and what reforms accompany it are crucial to its success. The book is definitely an invaluable contribution to the privatization debate.' --Oliver Hart, Andrew E. Furer Professor of Economics, Harvard University
Book Synopsis Reforming Infrastructure by : Ioannis Nicolaos Kessides
Download or read book Reforming Infrastructure written by Ioannis Nicolaos Kessides and published by World Bank Publications. This book was released on 2004 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Electricity, natural gas, telecommunications, railways, and water supply, are often vertically and horizontally integrated state monopolies. This results in weak services, especially in developing and transition economies, and for poor people. Common problems include low productivity, high costs, bad quality, insufficient revenue, and investment shortfalls. Many countries over the past two decades have restructured, privatized and regulated their infrastructure. This report identifies the challenges involved in this massive policy redirection. It also assesses the outcomes of these changes, as well as their distributional consequences for poor households and other disadvantaged groups. It recommends directions for future reforms and research to improve infrastructure performance, identifying pricing policies that strike a balance between economic efficiency and social equity, suggesting rules governing access to bottleneck infrastructure facilities, and proposing ways to increase poor people's access to these crucial services.
Book Synopsis The Turkish Economy by : Sumru Altug
Download or read book The Turkish Economy written by Sumru Altug and published by Psychology Press. This book was released on 2006 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: Including contributions from noted international scholars, this collection of papers provides a strong theoretical and empirical underpinning for the discussion of major public policy issues facing Turkey today. Matters addressed include:- determinants of growth and productivity- education and human capital accumulation- income inequality- corporate control and government- performance of the government sector- impact of major public policy issues on the future growth prospects of the Turkish economy.This volume relates the impact of major public policy issues on the future growth prospects of the Turkish economy. At a time when Turkey is currently attempting to gain membership to the European Union, this pertinent reference questions whether the country's economy is in fact ready for EU accession and membership.
Book Synopsis Competition in Telecommunications by : Jean-Jacques Laffont
Download or read book Competition in Telecommunications written by Jean-Jacques Laffont and published by MIT Press. This book was released on 2001 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors analyze regulatory reform and the emergence of competitionin network industries using the state-of-the-art theoretical tools ofindustrial organization, political economy, and the economics ofincentives.
Book Synopsis Asian Economic and Political Issues by : Frank H. Columbus
Download or read book Asian Economic and Political Issues written by Frank H. Columbus and published by Nova Publishers. This book was released on 1998 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is predicted by some observers that the 21st century will be remembered as the 'Asian Century'. Many of the countries in the region seem to be able to take the economic and trade baton when one of the others experience problems. The region, in general, continues to grow economically, politically and militarily. The articles presented in this book examine the current political and economic situations in nations across Asia, particularly focusing on economic developments. Contents: Preface; The Challenge of Removing Administrative Barriers to FDI in China; Negative Externality, Tacit Bargaining and Cigarette Demand: The Case of Environmental Tobacco Smoke in Japan; Modelling Development Control of Residential Development: A Probit Analysis of Rent Seeking and Policy Autonomy in Town Planning in Hong Kong; Social(ist) Capital: Does it Pay? The Institutional Impact on Conditions and Consequences of Access to Social Capital: the Case of the Former GDR; The Role of Foreign Investment in Guangdong's Economic Development; Natural Disasters and Long-run Economic Growth in Asia and Around the World; The Role of Urban Policy in the Battle against Poverty: The Experience of the Philippines;
Book Synopsis The State of State Reforms in Latin America by : Eduardo Lora
Download or read book The State of State Reforms in Latin America written by Eduardo Lora and published by World Bank Publications. This book was released on 2006-10-23 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt: Latin America suffered a profound state crisis in the 1980s, which prompted not only the wave of macroeconomic and deregulation reforms known as the Washington Consensus, but also a wide variety of institutional or 'second generation' reforms. 'The State of State Reform in Latin America' reviews and assesses the outcomes of these less studied institutional reforms. This book examines four major areas of institutional reform: a. political institutions and the state organization; b. fiscal institutions, such as budget, tax and decentralization institutions; c. public institutions in charge of sectoral economic policies (financial, industrial, and infrastructure); and d. social sector institutions (pensions, social protection, and education). In each of these areas, the authors summarize the reform objectives, describe and measure their scope, assess the main outcomes, and identify the obstacles for implementation, especially those of an institutional nature.
Download or read book Privatization written by Azizul Islam and published by United Nations Publications. This book was released on 2001 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: Privatisation has emerged as a major policy issue for most developing countries in recent years, as part of the economic reform agenda for structural adjustment programmes that embrace free trade, financial liberalisation and a reduction of state involvement in the economy. This book reviews research into the impact of privatisation on economic efficiency, employment, equity and the government budget, and seeks to identify the preconditions required in order to achieve effective privatisation policies.
Book Synopsis Small States, Small Problems? by : William Russell Easterly
Download or read book Small States, Small Problems? written by William Russell Easterly and published by World Bank Publications. This book was released on with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Gender Bias in China, South Korea and India, 1920-90 by : Monica Das Gupta
Download or read book Gender Bias in China, South Korea and India, 1920-90 written by Monica Das Gupta and published by World Bank Publications. This book was released on 1999 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Network Industries and Social Welfare by : Massimo Florio
Download or read book Network Industries and Social Welfare written by Massimo Florio and published by OUP Oxford. This book was released on 2013-06-20 with total page 431 pages. Available in PDF, EPUB and Kindle. Book excerpt: A dramatic change of ownership, regulation, and organisation of essential public services, such as electricity, gas, and telecommunications, has taken place in Europe in less than 20 years. This was not the outcome of spontaneous adaptation, but an entirely top-down policy experiment, mainly conceived in London during Mrs Thatcher's years, then pursued in Brussels - the 'capital' of the European Union - and imposed on more or less reluctant players by laws, directives, regulations, and administrative and judicial decisions. The European reform paradigm revolves around three pillars: privatisation, unbundling, and regulated liberalisation of network industries. These industries, despite the reforms, are still special, as they include core natural monopoly components (the electricity grid, the gas pipelines, the telephony networks, etc.), are often based on complex system integration of different segments (for example of electricity generation, transmission, distribution and retail supply), and offer services that have critical social and economic importance, from heating to internet. This book offers a careful scrutiny of energy and telephony reforms and prices paid by households in 15 countries across Western Europe. It attempts to answer such questions as: Are the consumers in Europe happier than they were before the reforms? Do they pay less? Do they get a better quality for the services? Network Industries and Social Welfare provides an overview of the main facts, the conceptual issues, and of the empirical evidence on pricing, perceptions of quality of service, and the issues of utility poverty and social affordability. It suggests that the benefits of the reforms for the consumers have often been limited and that governments should reconsider their overconfidence in regulated market mechanisms in network industries.
Book Synopsis Financing Information and Communication Infrastructure Needs in the Developing World by :
Download or read book Financing Information and Communication Infrastructure Needs in the Developing World written by and published by World Bank Publications. This book was released on 2005 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past ten years, private-sector-led growth has revolutionized access to telecommunications. Every region of the developing world did benefit in terms of investment, and rollout. This revolution would have been impossible without government reform, and oversight. Advanced information and communication infrastructure (ICI) are increasingly important to doing business in a globalizing world. Governments, enterprises, civil society, workers, and poor populations in the developing countries need more affordable access. This report proposes strategies that governments can carry out to attract private investment, and ensure the continued evolution, and spread of information and communication infrastructure. These strategies encompass more than sector policy alone, for investment decisions are based on a wide range of factors including, for example, the roles played by financial sector development, and the broader investment environment. The strategies also include potential public sector investments that can catalyze ICI rollout in sub-sectors where the private sector is not prepared to intervene on its own.
Book Synopsis The Cambridge Handbook of Privatization by : Avihay Dorfman
Download or read book The Cambridge Handbook of Privatization written by Avihay Dorfman and published by Cambridge University Press. This book was released on 2021-09-16 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: Some goods and services seem to be fundamentally public, such as legislation, criminal punishment, and fighting wars. By contrast, other functions, such as garbage collection, do not. This volume brings together prominent scholars from a range of academic fields - including law, economics, philosophy, and sociology - to address the core question of what makes a certain good or service fundamentally public and why. Sometimes, governments and other public entities are superior because they are more likely to get at the right decisions or follow fair procedures. In other instances, the provision of goods and services by public entities is intrinsically valuable. By analyzing the these answers, the authors also explore the nature of the state and its authority. This handbook explores influential arguments for and against privatization and also develops a number of key studies explaining, justifying, or challenging the legitimacy and the desirability of public provision of particular goods and services.
