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Experience of Privatisation, Regulation and Competition: Lessons for Governments

Author

Listed:
  • Lesley Davies
  • Kathryn Wright

    (Centre for Competition Policy, University of East Anglia)

  • Catherine Waddams Price

    (Centre for Competition Policy, University of East Anglia)

Abstract

This policy paper offers a synthesis of research on privatisation and its impacts on the utilities sector in different countries. It identifies issues to be considered by policy makers concerned with economic reform, including the implications of sequencing privatisation together with competition, regulation and industry restructuring; the role and importance of an independent regulatory agency; and the impact of introducing competition into utility markets. In addition to assessing reform through the more conventional method of examining productivity gains, it considers the distribution of the broader benefits from reform among key stakeholders –government, investors and consumers.

Suggested Citation

  • Lesley Davies & Kathryn Wright & Catherine Waddams Price, 2005. "Experience of Privatisation, Regulation and Competition: Lessons for Governments," Working Paper series, University of East Anglia, Centre for Competition Policy (CCP) 2005-05, Centre for Competition Policy, University of East Anglia, Norwich, UK..
    • Handle: RePEc:uea:ueaccp:2005_05
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    Citations

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    Cited by:

    1. Abdul Aleem Qureshi & Syed Faizan Iftikhar & Mohsin Hasnain Ahmed, 2017. "The Fiscal Impacts of Privatization Reforms in Pakistan: A Dynamic Analysis," Econometrics Letters, Bilimsel Mektuplar Organizasyonu (Scientific letters), vol. 4(1), pages 17-32.
    2. Wiktor Patena, 2014. "Analysis Of The Privatization Process In Poland In The Years 2008-2011 – Outcomes And Prospects," "e-Finanse", University of Information Technology and Management, Institute of Financial Research and Analysis, vol. 10(2), pages 57-70, August.
    3. Bagdadioglu, Necmiddin & Cetinkaya, Murat, 2010. "Sequencing in telecommunications reform: A review of the Turkish case," Telecommunications Policy, Elsevier, vol. 34(11), pages 726-735, December.

    More about this item

    Keywords

    Utility Sector Reform; Privatisation; Economic Regulation; Competition; Regulatory Agency; Sequencing; Impact and Benefits of Economic Reform;
    All these keywords.

    JEL classification:

    • D02 - Microeconomics - - General - - - Institutions: Design, Formation, Operations, and Impact
    • G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation
    • L3 - Industrial Organization - - Nonprofit Organizations and Public Enterprise
    • L5 - Industrial Organization - - Regulation and Industrial Policy
    • L33 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Comparison of Public and Private Enterprise and Nonprofit Institutions; Privatization; Contracting Out

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