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| Author | : Scott J. Wallsten |
| Publisher | : World Bank Publications |
| Total Pages | : 27 |
| Release | : 1999 |
| Genre | : Competition |
| ISBN | : |
| Author | : Scott J. Wallsten |
| Publisher | : |
| Total Pages | : 18 |
| Release | : 1999 |
| Genre | : Banks and Banking Reform |
| ISBN | : |
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].
| Author | : Scott Wallsten |
| Publisher | : |
| Total Pages | : 23 |
| Release | : 2016 |
| Genre | : |
| ISBN | : |
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].
| Author | : Scott Wallsten |
| Publisher | : |
| Total Pages | : |
| Release | : 1999 |
| Genre | : |
| ISBN | : |
| Author | : Scott J. Wallsten |
| Publisher | : |
| Total Pages | : 28 |
| Release | : 1999 |
| Genre | : Competencia - Africa |
| ISBN | : |
| Author | : Benedicte Bull |
| Publisher | : Edward Elgar Publishing |
| Total Pages | : 248 |
| Release | : 2005-01-01 |
| Genre | : Business & Economics |
| ISBN | : 9781781958087 |
'This is an important and thought provoking book for the understanding of privatisation. The author perceptively identifies contradictions that emerge from the process and outcome of privatisation, and attempts to explain these through a comparative analysis of telecommunications reform in three Central American countries. The result is a carefully researched book that provides new insights into the politics of privatisation. It will be compelling reading for the student and practitioner alike.' - Paul Cook, University of Manchester, UK This book provides a comparative study of the telecommunication reform process in three Central American countries - Costa Rica, Guatemala and Honduras - focusing on the roles of the local private sector and international financial institutions.
| Author | : Ioannis Nicolaos Kessides |
| Publisher | : World Bank Publications |
| Total Pages | : 328 |
| Release | : 2004 |
| Genre | : Business & Economics |
| ISBN | : |
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.
| Author | : Sybil Rhodes |
| Publisher | : State University of New York Press |
| Total Pages | : 242 |
| Release | : 2012-02-01 |
| Genre | : Political Science |
| ISBN | : 0791482588 |
This innovative book examines how the privatization and reregulation of the telecommunications sectors in Chile, Argentina, and Brazil in the 1980s and 1990s provoked the rise of new consumer protest movements in Latin America. Sybil Rhodes looks at how hasty privatization of state-owned telephone companies led to short-term economic windfalls for multinational corporations but long-term instability due to consumer movements or the threat of them. Eventually these governments implemented consumer-friendly regulation as a belated form of damage control. In contrast, governments that privatized through more gradual, democratic processes were able to make credible commitments to their citizens as well as to their multinational investors by including regulatory regimes with consumer protection mechanisms built in. Rhodes illustrates how consumers—previously unacknowledged actors in studies of social movements, market reforms, and democratizations in and beyond Latin America—are indispensable to understanding the political and social implications of these broad global trends.
| Author | : Alberto Chong |
| Publisher | : World Bank Publications |
| Total Pages | : 526 |
| Release | : 2005-03-15 |
| Genre | : Business & Economics |
| ISBN | : 0821383507 |
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
| Author | : Daniel Ryan |
| Publisher | : Praeger |
| Total Pages | : 242 |
| Release | : 1997-03-25 |
| Genre | : Business & Economics |
| ISBN | : |
Comprises a collection of essays dealing with the process of privatization of telecommunications in Asia, Europe and Latin America. Examines, through case studies, how countries respond to the new economic environment.
