Privatisation in Developing Countries (The International Library of Critical Writings in Economics series) (The International Library of Critical Writings in Economics series, 120)

In recent decades, privatization has been a key policy instrument in the move to more market-based economic systems in all parts of the developing world. Privatization, however, has not necessarily been accompanied by an increase in market competition. In recent years, many public utilities have been privatized 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 privatization and regulation and have provided new policy perspectives in relation to developing countries. Privatization in Developing Countries will appeal to policymakers and researchers at the forefront of economic policy debates in developing countries.