Regulation and development

by Laffont, Jean Jacques

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Title Statements

Full title :Regulation and development / Jean-Jacques Laffont.

Summary

"In Regulation and Development Jean-Jacques Laffont provides the first theoretical analysis of regulation of public services for developing countries. He shows how the debate between price-cap regulation and cost-of-service regulation is affected by the characteristics of less developed countries (LDCs) and offers a positive theory of privatization that stresses the role of corruption. He develops a new theory of regulation with limited enforcement capabilities and discusses the delicate issue of access pricing in view of LDCs' specificities. In the final chapter he proposes a theory of separation of powers which reveals one of the many vicious circles of underdevelopment made explicit by the economics of information. Based on organization theory and history, and using simple empirical tests wherever possible, Professor Laffont offers a comprehensive evaluation of the different ways to organize the regulatory institutions."--Site web de l'éditeur.

Edition Statements

Publication Date:cop. 2005.

Publication Statements

Publisher(s):Cambridge University Press
Place of Publication:Cambridge
Language:eng
Publication Date:cop. 2005.

The Physical Object

Description:1 vol. (XXIII-268 p.) ; : 22 cm.

Edition Identifiers

ISBN:0521549485, 9780521549486, 052184018X, 9780521840187
oclc:ocn491247826
LC Classification:HD4431
Dewey Decimal:351.172

Subjects

approvisionnement public -- pays en voi… developing countries Municipal services Municipal services -- Developing countr… Municipal services -- Government policy… pays en voie de développement -- servic… Régulation, Théorie de la Services publics -- Pays en voie de dév…