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

Arbeitspapier

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.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Working Paper ; No. 329

Classification and Topics

• Classification: Wirtschaft

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Powell, Andrew
• Event: Veröffentlichung
• (who): Inter-American Development Bank, Office of the Chief Economist
• (where): Washington, DC
• (when): 1996

Further information

• Handle: http://hdl.handle.net/10419/87855
• Last update: 10.03.2025, 11:41 AM CET