Arbeitspapier

On Restructuring, Regulation, and Competition in Utility Industries: Experience in the United Kingdom and Implications for Latin America

There are two similarities between the utility privatization programs of the UK and Latin America. Privatization has largely consisted of the transfer of industry-dominant, state companies into the private sector, often with statutory monopoly powers. In addition, the extensive use of price cap rather than rate-of-return regulation. A difference is that, arguably, the UK tried to create a fair but flexible regulatory policy by establishing a set of individual industry regulators somewhat independent from the government with considerable discretionary powers.

Sprache
Englisch

Erschienen in
Series: Working Paper ; No. 329

Klassifikation
Wirtschaft

Ereignis
Geistige Schöpfung
(wer)
Powell, Andrew
Ereignis
Veröffentlichung
(wer)
Inter-American Development Bank, Office of the Chief Economist
(wo)
Washington, DC
(wann)
1996

Handle
Letzte Aktualisierung
10.03.2025, 11:41 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Powell, Andrew
  • Inter-American Development Bank, Office of the Chief Economist

Entstanden

  • 1996

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