Since World War II, developing nations have embarked on two massive changes in telecommunications policy. The first was the wave of nationalization of private companies that took place mostly in the 1950s and 1960s, and the second is the now ongoing process of re-privatization and, to a lesser...

In 2001, baseball announced plans to eliminate two teams. This essay examines the economics of contraction, including its effects on economic welfare and the incentives confronting the remaining teams. Using baseball's financial data, all teams have a positive net social benefit, but surviving...

In May 2002, the Supreme Court upheld the rules promulgated by the Federal Communications Commission (FCC) to implement provisions in the Telecommunications Act of 1996 (the Act) regarding mandatory resale of the components of local telephone networks. This article explains the background of the...

In recent years, there has been an increasing recognition that significant welfare gains could be realized through deep forms of regional integration which entail harmonization of legal, regulatory and institutional frameworks. Reforms that reduce cross-border transaction costs and improve the...

Advances in information technology have gradually blurred the boundaries among the communications media, raising complex policy issues concerning regulation, intellectual property rights, the role of media in politics, and educational methods. The new information technology has ushered in the...

Infrastructure industries - including telecommunications, electricity, water, and gas - underwent massive structural changes in the 1990s. During that decade, hundreds of privatization transactions valued at billions of dollars were completed in these sectors in developing and transition...