Regulation and Development is popular PDF and ePub book, written by Jean-Jacques Laffont in 2005-03-10, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Regulation and Development can be Read Online from any device for your convenience.
Regulation and Development Book PDF 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 LDC's 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 and opens up a rich new research agenda for development studies.
Detail Book of Regulation and Development PDF
- Author : Jean-Jacques Laffont
- Release : 10 March 2005
- Publisher : Cambridge University Press
- ISBN : 0521549485
- Genre : Business & Economics
- Total Page : 294 pages
- Language : English
- PDF File Size : 16,5 Mb
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