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...
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1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
[Washington, D.C]
World Bank
[2006]
|
Schriftenreihe: | Policy research working paper
3950 |
Schlagworte: | |
Online-Zugang: | BSB01 EUV01 HTW01 FHI01 IOS01 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 |
Beschreibung: | 1 Online-Ressource |
Internformat
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245 | 1 | 0 | |a Infrastructure and public utilities privatization in developing countries |c Emmanuelle Auriol, Pierre M. Picard, Research working paper Collection Title:Policy |
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Datensatz im Suchindex
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author_facet | Auriol, Emmanuelle |
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illustrated | Not Illustrated |
index_date | 2024-07-03T22:27:47Z |
indexdate | 2024-07-10T09:54:31Z |
institution | BVB |
language | English |
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publishDate | 2006 |
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publisher | World Bank |
record_format | marc |
series2 | Policy research working paper |
spelling | Auriol, Emmanuelle Verfasser aut Infrastructure and public utilities privatization in developing countries Emmanuelle Auriol, Pierre M. Picard, Research working paper Collection Title:Policy [Washington, D.C] World Bank [2006] 1 Online-Ressource txt rdacontent c rdamedia cr rdacarrier Policy research working paper 3950 Includes bibliographical references Title from PDF file as viewed on 8/28/2006 "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 Online-Ausg Also available in print Infrastructure (Economics) Developing countries Privatization Developing countries Public utilities Developing countries Picard, Pierre M. Sonstige oth World Bank Sonstige oth Auriol, Emmanuelle Infrastructure and public utilities privatization in developing countries http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3950 Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Auriol, Emmanuelle Infrastructure and public utilities privatization in developing countries Infrastructure (Economics) Developing countries Privatization Developing countries Public utilities Developing countries |
title | Infrastructure and public utilities privatization in developing countries |
title_auth | Infrastructure and public utilities privatization in developing countries |
title_exact_search | Infrastructure and public utilities privatization in developing countries |
title_exact_search_txtP | Infrastructure and public utilities privatization in developing countries |
title_full | Infrastructure and public utilities privatization in developing countries Emmanuelle Auriol, Pierre M. Picard, Research working paper Collection Title:Policy |
title_fullStr | Infrastructure and public utilities privatization in developing countries Emmanuelle Auriol, Pierre M. Picard, Research working paper Collection Title:Policy |
title_full_unstemmed | Infrastructure and public utilities privatization in developing countries Emmanuelle Auriol, Pierre M. Picard, Research working paper Collection Title:Policy |
title_short | Infrastructure and public utilities privatization in developing countries |
title_sort | infrastructure and public utilities privatization in developing countries |
topic | Infrastructure (Economics) Developing countries Privatization Developing countries Public utilities Developing countries |
topic_facet | Infrastructure (Economics) Developing countries Privatization Developing countries Public utilities Developing countries |
url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3950 |
work_keys_str_mv | AT auriolemmanuelle infrastructureandpublicutilitiesprivatizationindevelopingcountries AT picardpierrem infrastructureandpublicutilitiesprivatizationindevelopingcountries AT worldbank infrastructureandpublicutilitiesprivatizationindevelopingcountries |