Regulations Institutions Commitment: Comparative Studies of Telecommunications - Couverture souple

Livre 11 sur 81: Political Economy of Institutions and Decisions

Levy, Brian

 
9780521559966: Regulations Institutions Commitment: Comparative Studies of Telecommunications

Synopsis

The book assesses the impact of core political and social institutions on regulatory structures and performance in the telecommunications industry in Jamaica, the United Kingdom, Chile, Argentina, and the Philippines. These core institutions are shown to influence strongly the credibility and effectiveness of regulation, and thus its ability to encourage private investment and support efficiency. Currently, privatization and regulatory reform are often viewed as the solution to the problem of poor performance by telecommunications and other public utilities. This volume argues that these high expectations may not always be met because of the way a country's political and social institutions - its executive, legislative and judicial systems, its informal norms of public behaviour - interact with regulatory processes and economic conditions. In some environments, regulatory solutions run counter to the prevailing wisdom: achieving credible commitment may require an inflexible regulatory regime, and sometimes public ownership of utilities may be the only feasible alternative.

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Présentation de l'éditeur

The book assesses the impact of core political and social institutions on regulatory structures and performance in the telecommunications industry in Jamaica, the United Kingdom, Chile, Argentina, and the Philippines. These core institutions are shown to influence strongly the credibility and effectiveness of regulation, and thus its ability to encourage private investment and support efficiency. Currently, privatization and regulatory reform are often viewed as the solution to the problem of poor performance by telecommunications and other public utilities. This volume argues that these high expectations may not always be met because of the way a country's political and social institutions - its executive, legislative and judicial systems, its informal norms of public behaviour - interact with regulatory processes and economic conditions. In some environments, regulatory solutions run counter to the prevailing wisdom: achieving credible commitment may require an inflexible regulatory regime, and sometimes public ownership of utilities may be the only feasible alternative.

Revue de presse

"...the book is of interest not only for telecommunications economists with the conclusions reached being of relevance for other regulated industries as well." Pio Baake, Journal of Institutional & Theoretical Economics

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Autres éditions populaires du même titre

9780521550130: Regulations, Institutions, and Commitment: Comparative Studies of Telecommunications

Edition présentée

ISBN 10 :  0521550130 ISBN 13 :  9780521550130
Editeur : Cambridge University Press, 1996
Couverture rigide