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Private certification as a means of risk regulation and quality assurance offers advantages over government regulation … institutional advantages over government regulation. Critics of private certification question its legitimacy, asserting that … private regulation is less participatory, transparent, and accountable than government regulation. The article responds to …
Persistent link: https://www.econbiz.de/10013063200
apply to them. Digital platforms are heterogeneous, so no flavour of ‘platform regulation' is likely to be appropriate …
Persistent link: https://www.econbiz.de/10012917738
The Russian Federation is in the process of making major structural changes to its railway and electricity sectors. Both sectors will be at least partly vertically disintegrated, with the aim of creating competition in the "upstream" sector while maintaining state ownership and control of the...
Persistent link: https://www.econbiz.de/10014075403
The objective of this study is to map the landscape of transnational private regulation (TPR) in professional services …. Transnational private regulation in professional services examines the emerging body of rules created by private actors in a manner …
Persistent link: https://www.econbiz.de/10013101182
This paper reviews recent empirical evidence on privatisation in developing countries. Particular emphasis is placed on new areas of research such as the distributional impacts of privatisation. Overall, the literature now reflects a more cautious and nuanced evaluation of privatisation. Thus it...
Persistent link: https://www.econbiz.de/10011571943
We assembled a large panel of project-level technical and financial data as well as country-level economic, institutional, political, and governance variables to assess the determinants of private financing of infrastructure in emerging markets and developing economies. Controlling for economic...
Persistent link: https://www.econbiz.de/10014141621
We assembled a large panel of project-level technical and financial data and country-level economic, institutional, political, and governance variables to assess the determinants of private financing of infrastructure in emerging markets and developing economies. Controlling for economic...
Persistent link: https://www.econbiz.de/10012454088
We assembled a large panel of project-level technical and financial data, as well as country-level economic, institutional, and political variables to assess how political competition and policy insulation feasibility determine private participation in financing infrastructure in emerging...
Persistent link: https://www.econbiz.de/10012994813
We consider the choice to privatize the provision of a public good in a hierarchical model with three layers: a Central Government, a decentralized agency and a (private or public) manager. In a good governance regime the privatization can be devolved upon the decentralized agency while it...
Persistent link: https://www.econbiz.de/10014173744
The paper investigates how efficiency of business environment and corruption (informal payments and state capture) affect the microeconomic performance of firms. The novelty of the paper is to look at these effects in the interaction with the firm ownership. We use firm-level micro data...
Persistent link: https://www.econbiz.de/10013105092