As America’s grand experiment with airline deregulation nears the end of its first decade, European carriers and their governments are examining it closely, pondering their own form of liberalization. Whatever its final design, the European plan will require consideration of a wider and more...

The ICAO is one of the largest specialized organizations of the United Nations. Like the United Nations, the ICAO is comprised of an Assembly of general membership and a quasi-executive Council of more limited membership. Because virtually all nations of the world are parties to the Chicago...

Observers of Russian state market relations typically consider the state as an entity engaged in creating rent-seeking opportunities for bureaucrats or for the most powerful economic interests. The trajectory and outcomes of electricity sector reforms demonstrate the limits of this perspective...

The poor performance of Public Sector Enterprises (PSEs) in the 1980s made reform increasingly urgent in the context of the broader strategy of liberalization of the economy to deal with the perceived weaknesses of India’s development strategy in general and PSEs in particular. In this...

Is there evidence for the emergence of ‘two-track’ public services, where the wealthiest, best informed and most assertive customers get the best quality service? In this paper, we use public opinion data of citizen complaint behavior from 2000 and 2004 towards services of general interest...

The paper addresses the question of pricing access to the network facilities of an incumbent firm after deregulation. Network access pricing continues to be regulated in such industries as telecommunications, railroads, electric power and natural gas. We emphasize that access prices should be...

Incumbent vertical market power in deregulating markets can be anticompetitive, as seen in the current process of retail electricity restructuring. This paper uses the AT&T antitrust case’s Bell Doctrine precedent of “quarantine the monopoly” as a case study in incumbent vertical market...

Numerous countries have undergone rapid transitions in their economic environments. Yet, little is known about firm responses to such transitions. We use field-collected data to study the evolution of eighteen large and diversified business groups in Chile (1987-1997) and India (1990-1997). The...

In recent years employers in Britain have taken up equal opportunity policies more widely, and structural changes in the economy have generally favored women. Against this, the pursuit of labor market deregulation is generally thought to impact adversely on women. This paper considers the...

Recent empirical research shows that industry and regulatory shocks play a key role in determining merger activity in developed countries. We use this framework to analyze merger activity in India, using a comprehensive database spanning a thirty-year period from 1973-74 to 2002-3. At the...