Evidence from the Czech Republic shows that financial incentives and regulation are as important as ownership structure in the design of privatization.Using a new data set on privatized firms in the Czech Republic, Cull, Matesova, and Shirley examine how the design of privatization affects...

We construct comprehensive and consistent datasets on telecommunications and electricity regulations in developing countries through extensive surveys of regulators. The database of telecommunications regulations includes 178 variables on regulatory governance and content in 45 countries. The...

Performance contracts are widely used to reform state-owned enterprises. By June 1994, there were 565 such contracts in 32 developing countries, used prinicipally to reform large utilities and other monopolies, and roughly another 103,000 in China, where they are also used to reform state...