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An Empirical Analysis of competition, Privatization, and Regulation in telecommunications Market in Africa and Latin America

An Empirical Analysis of competition, Privatization, and Regulation in telecommunications Market in Africa and Latin America PDF Author: Scott J. Wallsten
Publisher: World Bank Publications
ISBN:
Category : Competition
Languages : en
Pages : 27

Book Description


An Empirical Analysis of competition, Privatization, and Regulation in telecommunications Market in Africa and Latin America

An Empirical Analysis of competition, Privatization, and Regulation in telecommunications Market in Africa and Latin America PDF Author: Scott J. Wallsten
Publisher: World Bank Publications
ISBN:
Category : Competition
Languages : en
Pages : 27

Book Description


APEC-OECD Co-operative Initiative on Regulatory Reform Structural Reform and Capacity Building Proceedings of the Eighth APEC-OECD Workshop on Regulatory Reform, Gyeongju, Korea, September 2005

APEC-OECD Co-operative Initiative on Regulatory Reform Structural Reform and Capacity Building Proceedings of the Eighth APEC-OECD Workshop on Regulatory Reform, Gyeongju, Korea, September 2005 PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264051643
Category :
Languages : en
Pages : 116

Book Description


The Chinese Anti-Monopoly Law

The Chinese Anti-Monopoly Law PDF Author: Michael Faure
Publisher: Edward Elgar Publishing
ISBN: 1781003246
Category : Law
Languages : en
Pages : 425

Book Description
This book focuses on experiences with the Anti-Monopoly Law (AML) of 2007 in China. It uses carefully-chosen case studies to examine how the competition authorities in China discuss cases and how they use economic reasoning in their decision-making process. Bringing together comparative perspectives, the expert contributors discuss the practice of the Anti-Monopoly Law in China from the viewpoints of European and American competition policy. Several very current topics are given specific attention, including enforcement, the role of the state, how to define the relevant market and how to apply the AML to regulated industries. The book also indicates the scope for mutual learning on how to improve the AML. The Chinese Anti-Monopoly Law will appeal to competition lawyers, attorneys-at-law dealing with economic law generally, civil servants and policy makers, comparative lawyers and social scientists with an interest in developments in China.

The Liberalisation of the Telecommunications Sector in Sub-Saharan Africa and Fostering Competition in Telecommunications Services Markets

The Liberalisation of the Telecommunications Sector in Sub-Saharan Africa and Fostering Competition in Telecommunications Services Markets PDF Author: Rachel Alemu
Publisher: Springer
ISBN: 366255318X
Category : Law
Languages : en
Pages : 389

Book Description
This study investigates whether the existing regulatory framework governing the telecommunications sector in countries in Sub-Saharan Africa effectively deals with emerging competition-related concerns in the liberalised sector. Using Uganda as a case study, it analyses the relevant provisions of the law governing competition in the telecommunications sector, and presents three key findings: Firstly, while there is comprehensive legislation on interconnection and spectrum management, inefficient enforcement of the legislation has perpetuated concerns surrounding spectrum scarcity and interconnection. Secondly, the legislative framework governing anti-competitive behaviour, though in line with the established principles of competition law, is not sufficient. Specifically, the framework is not equipped to govern the conduct of multinational telecommunications groups that have a strong presence in the telecommunications sector. Major factors hampering efficient competition regulation include Uganda’s sole reliance on sector-specific competition rules, restricted available remedies, and a regulator with limited experience of enforcing competition legislation. The weaknesses in the framework strongly suggest the need to adopt an economy-wide competition law. Lastly, wireless technology is the main means through which the population in Uganda accesses telecommunications services. Greater emphasis should be placed on regulating conduct in the wireless communications markets.

The Future Development of Competition Framework

The Future Development of Competition Framework PDF Author: Zongle Huang
Publisher: Kluwer Law International B.V.
ISBN: 9041123059
Category : Law
Languages : en
Pages : 330

Book Description
In the march of economic globalization it has become increasingly apparent that divergence in competition policy from one country to another is a major stumbling block. More than any other factor, an international consensus of competition laws is sure to facilitate the clear working interaction among trade, investment, intellectual property rights, and technology transfer that economic progress demands. This forward-looking book offers presents insightful perspectives on how this consensus may be achieved. The Future Development of Competition Framework presents papers and speeches by well-known competition law practitioners versed in competition law and policy, including representatives of national competition authorities. They came from a variety of countries ? including France, Germany, Canada, Mexico, Indonesia, Malaysia, Russia, Japan, Australia, Taiwan, Korea and the United States ? to attend a 2003 conference sponsored by the Taiwan Fair Trade Commission. The book reproduces texts of the various contributions to the conference, including a roundtable discussion. Among the topics addressed are the following: mergers and acquisitions; political interests; enforcement policies and sanctions; national cultures and traditions; international cartels; regional cooperation; concentration indexes and dominance indexes; patent pools; financial deregulation; confidentiality measures; technical assistance; striking the right balance between competition and regulation; reconciling competition policy and development policies. Although they are especially valuable for their concentration on the Asia Pacific countries, these discussions will be of incalculable value to practitioners and academics everywhere who are involved in any of the interconnected branches of economic law or policy covered here.

Electricity Sector Reform in Developing Countries

Electricity Sector Reform in Developing Countries PDF Author: Tooraj Jamasb
Publisher: World Bank Publications
ISBN:
Category : Electric power
Languages : en
Pages : 78

Book Description
"Driven by ideology, economic reasoning, and early success stories, vast amounts of financial resources and effort have been spent on reforming infrastructure industries in developing countries. It is therefore important to examine whether evidence supports the logic of reforms. The authors review the empirical evidence on electricity reform in developing countries. They find that country institutions and sector governance play an important role in the success and failure of reform. And reforms also appear to have increased operating efficiency and expanded access to urban customers. However, the reforms have to a lesser degree passed on efficiency gains to customers, tackled distributional effects, and improved rural access. Moreover, some of the literature is not methodologically robust and on par with general development economics literature. Further, findings on some issues are limited and inconclusive, while other important areas are yet to be addressed. Until we know more, implementation of reforms will be more based on ideology and economic theory rather than solid economic evidence. "--World Bank web site.

The Financial Economics of Privatization

The Financial Economics of Privatization PDF Author: William L. Megginson
Publisher: Oxford University Press
ISBN: 9780198034315
Category : Business & Economics
Languages : en
Pages : 544

Book Description
Since 1981, over 100 governments around the world have raised over $1 trillion through the sale of SOEs to private investors. Privatization programs have transformed the role of the state in virtually all-major economies, and have massively increased the capitalization and liquidity of all non-U.S. stock markets. The focus of this book lies on where privatization stands today and what are the next frontiers, the why and how behind countries who privatize certain industries, whether privatization works as an economic tool and important insights relevant to financial institutions such as how to value privatized industries, how share offerings differ from private offerings, and how countries go about harnessing private capital. The book will also represent a key and unique source for information related to the details of asset sales privatization, a summary of statistics of privatized companies from 54 international stock exchanges, regulatory changes and sources for privatization information for investors, government officials, bankers and financial specialists. The volume will serve as an invaluable reference for professionals and as a core or supplementary text in privatization courses.

Privatization and Competition in Telecommunications

Privatization and Competition in Telecommunications PDF Author: Daniel Ryan
Publisher: Praeger
ISBN:
Category : Business & Economics
Languages : en
Pages : 240

Book Description
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.

Asian Economic and Political Issues

Asian Economic and Political Issues PDF Author: Frank H. Columbus
Publisher: Nova Publishers
ISBN: 9781590336960
Category : Business & Economics
Languages : en
Pages : 234

Book Description
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 experiences 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; Why Does China Succeed in Attracting and Utilising Foreign Direct Investment?; Democracy Movement at the Crossroads: Protracted Democratisation and De-mobilisation in Hong Kong; China's Opening to the Outside World with Facing Economic Globalisation; China's Telecommunications Reforms: From Monopoly towards Competition; World Bank Lending: Issues Raised by China's Qinghai Resettlement Project; Explaining the Soft-Open Regionalism in East Asia; Governance, Security and the Environmental Policy in South Asia: A Paradox of Change and Continuity; Carbon Emissions Control, Trade Liberalisation and Electricity Market Imperfection: Co-ordinated Approaches to Taiwan's Trade and Tax Policy; ASEAN, 'Haz

Provincial Bank Privatization in Argentina

Provincial Bank Privatization in Argentina PDF Author: George R. G. Clarke
Publisher: World Bank Publications
ISBN:
Category : Banks and banking
Languages : en
Pages : 36

Book Description
August 1999 Argentina's recently privatized provincial banks generate much of their income through service contracts with the provinces, and the transition to commercial banking has been challenging. Available evidence suggests improvements in post-privatization performance, but it is uncertain whether these are sustainable. At the very least, however, a fiscal burden has been lifted from the provinces. Argentina's provinces offer a unique opportunity to study bank privatization because so many transactions took place there in so short a period in the 1990s (1994-98). As the decade started, every province owned at least one bank, performance in publicly owned provincial banks was substantially worse than in private banks, and the losses incurred imposed substantial fiscal costs on the provinces. Politicians whose provinces were in dire fiscal straits, their banks losing money at a fast rate, were most willing to seize opportunities to privatize, even though overstaffed provincial banks were harder to privatize. Deposit loss and liquidity problems associated with the Tequila crisis made privatization more likely. The right political situation is necessary but not sufficient to ensure good privati-zations. First, one must find a buyer, and Argentina's provincial banks were the least attractive in the banking sector. So the provinces settled for purchasers that were not first-tier banks. Many of them were small wholesale banks that had to make the difficult transition to retail banking. Three important concessions were made to purchasers: contracts to provide post-privati-zation services to the provinces, portfolio guarantees, and the assumption of only good assets. In return, provincial politicians were granted restrictions on branch closings and layoffs of bank employees. Both types of accommodation were costly to the purchasers and the provinces. These transactions probably could not have been completed without long-term loans from the Fondo Fiduciario. Were the Fondo Fiduciario loan funds put to good use? Did privatization leave provincial banking on a sounder footing? Initial indications are that the situation has improved in most provinces. And the provinces experiencing post-privatization difficulties tend not to have participated fully in the Fondo Fiduciario privatization program. But the privatized banks rely on their service contracts with provinces to generate a big share of their income and are having trouble making the transition to commercial banking. It is uncertain whether the newly created banks are sustainable. But at least a fiscal burden has been lifted from the provinces. This paper - a product of Regulation and Competition Policy and Finance, Development Research Group - is part of a larger effort in the group to investigate the determinants of structural change in developing countries' banking sectors. The authors may be contacted at [email protected] or [email protected].