Infrastructure and public utilities privatization in developing countries
Infrastructure and public utilities privatization in developing countries:

"The paper analyzes governments' tradeoff between fiscal benefits and consumer surplus in privatization reforms of noncompetitive industries in developing countries. Under privatization, the control rights are transferred to private interests so that public subsidies decline. This benefit...

Ausführliche Beschreibung

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Bibliographische Detailangaben
1. Verfasser: Auriol, Emmanuelle (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: [Washington, D.C] World Bank 2006
Schriftenreihe:Policy research working paper 3950
Schlagworte:
Entwicklungsländer
Infrastructure (Economics) > Developing countries
Privatization > Developing countries
Public utilities > Developing countries
Online-Zugang:DE-522
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Volltext
Zusammenfassung:"The paper analyzes governments' tradeoff between fiscal benefits and consumer surplus in privatization reforms of noncompetitive industries in developing countries. Under privatization, the control rights are transferred to private interests so that public subsidies decline. This benefit for tax-payers comes at the cost of price increases for consumers. In developing countries, tight budget constraints imply that privatization may be optimal for low profitability segments. For highly profitable public utilities, the combination of allocative inefficiency and critical budgetary conditions may favor public ownership. Finally, once a market segment gives room for more than one firm, governments prefer to regulate the industry. In the absence of a credible regulatory agency, regulation is achieved through public ownership. "--World Bank web site
Beschreibung:Includes bibliographical references. - Title from PDF file as viewed on 8/28/2006
Erscheinungsjahr in Vorlageform:[2006]
Weitere Ausgabe: Auriol, Emmanuelle: Infrastructure and public utilities privatization in developing countries
Beschreibung:1 Online-Ressource

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