This paper examines the impact of telecommunications liberalization in Africa on both sectoral performance and economic growth. Besides unilateral measures, we account for WTO commitments fostering the credibility of reforms. Actual regulatory quality plays a major role in bringing down prices...

There are numerous debates on the need to increase flexibility through deregulation of employment protection. Many believe it is essential in generating employment but it is also believed to generate "socially unacceptable" flexible jobs. However, recent studies point to strict regulations on...

While there is considerable empirical evidence on the impact of liberalizing trade in goods, the effects of services liberalization have not been empirically established. This study examines the link between services sector reforms and the productivity of manufacturing industries relying on...

This article examines new empirical data on what has happened with respect to the environment and the market when electricity goes through deregulatory strategies. In so doing, it addresses the connection between energy usage and the environment. The article then uses this framework to discuss...

This article offers a critique of the deregulation of banking and finance that started with the breakdown of the Bretton Woods regime of fixed exchange rates during the Nixon administration, accelerated with interest rate deregulation during the Carter administration, and was deepened during the...

The success of a privatization cannot be guaranteed if markets are not deregulated and competition intensified. This paper aims to provide a reflection on the effective results of privatizing in Spain from 1985 onwards and on the main deregulation policies implemented in different sectors in...

Recent tax scholarship has embraced the idea of individual endowment taxation, or taxation of human abilities, as an approach to ideal tax theory. Under endowment taxation, individuals are taxed according to their native ability to command resources, rather than according to any actual index of...

This paper starts by separating the transformational recession (reduction of output in most transition economies in the first half of the 1990s) from the process of economic growth (recovery from the transformational recession) in 28 transition economies (including China, Vietnam and Mongolia)....

The integration of national electricity systems into a single internal European electricity market is not progressing well with the result that the level of competition in the sector remains unsatisfactory. This had led to proposals to apply ex ante remedies that directly bear on the structure...