Regulation and Development - Couverture souple

Livre 4 sur 7: Federico Caffè Lectures

Laffont, Jean-Jacques

 
9780521549486: Regulation and Development

Synopsis

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.

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À propos de l?auteur

Jean-Jacques Laffont is Professor of Economics at the University of Toulouse and at the University of Southern California. He has published extensively in public economics, incentive theory, development economics and economics of regulation.

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Autres éditions populaires du même titre

9780521840187: Regulation and Development

Edition présentée

ISBN 10 :  052184018X ISBN 13 :  9780521840187
Editeur : Cambridge University Press, 2005
Couverture rigide