Infrastructure and Public Utilities Privatization in Developing Countries is popular PDF and ePub book, written by Emmanuelle Auriol in 2006, it is a fantastic choice for those who relish reading online the Economia del sector pb͠lico genre. Let's immerse ourselves in this engaging Economia del sector pb͠lico book by exploring the summary and details provided below. Remember, Infrastructure and Public Utilities Privatization in Developing Countries can be Read Online from any device for your convenience.
Infrastructure and Public Utilities Privatization in Developing Countries Book PDF Summary
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.
Detail Book of Infrastructure and Public Utilities Privatization in Developing Countries PDF
- Author : Emmanuelle Auriol
- Release : 21 September 2024
- Publisher : World Bank Publications
- ISBN : UCSD:31822034388751
- Genre : Economia del sector pb͠lico
- Total Page : 48 pages
- Language : English
- PDF File Size : 17,8 Mb
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