Regulation and development
Author(s)
Bibliographic Information
Regulation and development
(Federico Caffè lectures)
Cambridge University Press, 2005
- : pbk
Available at / 45 libraries
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University Library for Agricultural and Life Sciences, The University of Tokyo図
318.9:L135010308681
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Library, Institute of Developing Economies, Japan External Trade Organization図
: pbkC||336.5||R116596264
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Note
Includes bibliographical references (p. 249-259) and index
Description and Table of Contents
Description
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.
Table of Contents
- Foreword
- Introduction
- 1. Overview of regulatory issues
- 2. The rent extraction-efficiency trade-off
- 3. A positive theory of privatization
- 4. Enforcement, regulation and development
- 5. Access pricing rules for developing countries
- 6. Universal service obligations in LCDs
- 7. Design of regulatory institutions
- 8. Separation of regulatory powers and development
- 9. Concluding remarks.
by "Nielsen BookData"