Since the Great Depression of the 1930s, it was common knowledge in the Latin American water and sanitation sector the idea of take advantage of scale economies, typical of these natural monopolies, in a context favorable to state involvement in the activity. In parallel, the development of...

The insurance industry, in its different business lines, concentrates 11 percent of the World financial assets. As in all the remaining financial activities, it is object of comprehensive regulation of structure, conduct and performance (with diverse emphasis), besides social scrutiny. The...

We analyze the expected consequences of integrating financial regulation and supervision to the central bank. The unified financial services regulator, which spread in the last fifteen years as an alternative to specialized institutional regulation, may or may not be at the central bank. His...

Competitive markets could yield socially optimum results, but although market fail in many cases. If the regulation is successful in generating competition or in replicating its incentives, the next problem to solve is to face the inherent tendency of the competition dynamic toward...

Este estudio se ocupa de relevar la literatura internacional sobre economías de escala en el sector de agua y saneamiento, reseñarla y extraer hilos conductores. En todo el mundo está en discusión cómo lograr un acceso más equitativo y una prestación más eficiente. Un tema vinculado con...