In a pioneering article and subsequent book, Brian Levy and Pablo Spiller thought through the implications of the new institutional economics for the theory and practice of regulatory reform. A key insight was that in order to attract investment and promote efficiency, reforms must be aimed at...

This article seeks to explain the development of telecommunications and electricity regulation in Jamaica and Trinidad and Tobago. Across countries and sectors, there has been a degree of privatization and regulatory reform, although the extent of these changes has varied across countries and...