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Publications (7)
WIDER Symposium on Adaptive Efficiency and Evolving Diversity of Enterprise Ownership and Governance
A property rights regime covers rights to use, lease, donate, bequest, and sell assets or collect the incomes generated by assets. A clear and transparent property rights regime facilitates investment and economic growth. While private property is considered by many to be the most superior type of...
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– Subsidies and Service Obligations
Any infrastructure reformers concerned with social issues in a developing country need to address two problems. The first is increasing access by the poor, and the second is ensuring consumption affordability, i.e. the ability of the poor to pay for both consumption and the amortization of the...
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Relying on a general equilibrium model of Argentina’s economy calibrated for 1993 and internalizing all productivity and scale gains achieved up to 1999, this paper isolates the distributional effects of utilities reform from the impact of other reforms taking place in the country during the 1990s...
Working Paper
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– Network Externalities and Mondragón and La Lega Co-Operative Networks
This paper examines strategies developed by Mondragón Co-operative Corporation in the Basque Region of Spain, and La Lega co-operative network in Italy, to mitigate disadvantages of the typical co-operative organizational structure and market position but without losing its critical advantages and...
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– Distributional Implications and Government Response
The UK was one of the earliest countries to undertake utility reform, which included changes in ownership, in the regulatory regime and in market structure and competition. While most agree that the programme has had beneficial effects on efficiency, there has been increasing concern about the...
Working Paper
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The objective of this paper is to broaden the discussion on regulation in general and on the regulation of utilities in particular. Beyond the technical complexity involved in designing and implementing regulatory interventions, we focus our attention on the conditions for achieving a fair process...
Working Paper
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– Policies and Conditions for Export Diversification
Over the last thirty-five years, Costa Rican exports (in dollars) have grown at an average annual growth rate of 10.8 per cent. In the context of an import substituting industrialization and subregional integration, exports grew at increasingly higher rates through the sixties and seventies; but the...
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