Since the late 1980s, developing countries have extensively privatized or concessioned the provision of public services, such as utilities. The two key reasons for this are fiscal and economic performance...
Over the last twenty years, while developed countries witnessed unparalleled rise in new regulations, developing countries complemented their privatization, with deregulation practices in various sectors...
Within any system of utility regulation, there is a tension between the ability to commit to a stable set of rules and the ability to respond flexibly to changing circumstances. Countries differ in their...
The purpose of this paper is twofold. (1) It surveys the main empirical findings of the last 20 years of research in the political economy of regulation. (2) It is also intended to help in the development...