Regulation and development

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Jean-Jacques Laffont provides the first theoretical analysis of the regulation of public services for developing countries.

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Title Statements

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

Summary

Jean-Jacques Laffont provides the first theoretical analysis of the regulation of public services for developing countries.

Edition Statements

Publication Date:2005.

Publication Statements

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

The Physical Object

Description:1 online resource (xxiii, 268 pages) : : illustrations

Edition Identifiers

ISBN:9781139190466, 1139190466, 9781139185561, 113918556X, 9781139163392, 1139163396, 9781139187879, 1139187872, 1107195489, 9781107195486, 1283378159, 9781283378154, 9786613378156, 6613378151, 1139189158, 9781139189156, 1139183249, 9781139183246
oclc:ocn774401168
LC Classification:HD4431
Dewey Decimal:363.6/01

Cover; Regulation and Development; Federico Caffè Lectures; Title; Copyright; Contents; Publisher's acknowledgment; Foreword; François Bourguignon; Y. Hossein Farzin; Preface; Introduction; 1 Overview of regulatory issues; 1.1 Introduction; 1.2 Structural issues; The structure of regulatory agencies; The structure of the industry; 1.3 Regulation of natural monopolies; The high cost of public funds; Monitoring; Hierarchical regulation and corruption; Commitment; Weakness of the rule of law; Financial constraints; Summing up; 1.4 Promoting competition by pricing access; Vertical disintegration.

One-way access with vertical integrationTwo-way access for competition in infrastructures; 1.5 Competition policy; 1.6 Universal service; 1.7 Conclusion; 2 The rent extraction-efficiency trade-off; 2.1 Introduction; 2.2 A simple model of regulation; Description; The full information benchmark; Optimal regulation without auditing of cost; Optimal regulation without transfers; Regulatory commission and capture; 2.3 Optimal regulation and the characteristics of developing countries; High cost of public funds; Regulation with transfers; Regulation without transfers.

Incentives and stages of dev…

Subjects

BUSINESS & ECONOMICS -- Infrastructure developing countries ENTWICKLUNGSLÄNDER Municipal services Municipal services -- Developing countr… Municipal services -- Government policy… Nutsbedrijven Öffentliche Dienstleistung Privatisierung Regulering Regulierung SOCIAL SCIENCE -- General