Regulation and Development

Regulation and Development

by Jean-Jacques Laffont
     
 

ISBN-10: 052184018X

ISBN-13: 9780521840187

Pub. Date: 08/15/2004

Publisher: Cambridge University Press

Providing the first theoretical analysis of regulation of public services for less developed countries (LDCs), Jean-Jacques Laffont demonstrates how the debate between price-cap regulation and cost of service regulation is affected by the characteristics of LDCs. Laffont develops a new theory of regulation with limited enforcement capabilities, and discusses the…  See more details below

Overview

Providing the first theoretical analysis of regulation of public services for less developed countries (LDCs), Jean-Jacques Laffont demonstrates how the debate between price-cap regulation and cost of service regulation is affected by the characteristics of LDCs. Laffont develops a new theory of regulation with limited enforcement capabilities, and discusses the delicate issue of access pricing in view of LDCs' specificities. His evaluation of the different ways to organize the regulatory institutions makes a significant contribution to the field.

Product Details

ISBN-13:
9780521840187
Publisher:
Cambridge University Press
Publication date:
08/15/2004
Series:
Federico Caffe Lectures Series
Pages:
268
Product dimensions:
5.43(w) x 8.50(h) x 0.94(d)

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.

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