Privatisation in Developing Countries

Privatisation in Developing Countries Synopsis

In recent decades, privatisation has been a key policy instrument in the move to more market-based economic systems in all parts of the developing world. Privatisation, however, has not necessarily been accompanied by an increase in market competition. In recent years, many public utilities have been privatised as monopolies and in addition regulatory systems have been developed to restrict their market power and protect the interests of consumers. These authoritative volumes bring together a collection of important papers that have shed new theoretical and empirical insights into privatisation and regulation and have provided new policy perspectives in relation to developing countries. Privatisation in Developing Countries will appeal to policymakers and researchers at the forefront of economic policy debates in developing countries.