The advocates of monopoly provision of
telecommunications services have consistently relied on a
small lexicon of catchphrases to support their case -
wasteful duplication...
Type: ViewpointReport#: 16912Date: September 30, 1995Author:
Smith, Peter
More than twenty countries are now
reforming their power sectors. For many politicians, this
reform means simply restructuring and privatizing
state-owned enterprises....
Type: ViewpointReport#: 16909Date: June 30, 1995Author:
Tenenbaum,Bernard W.
Introducing independent power producers
(IPPs) into a power system where existing generators are
inefficient can deliver more efficient investment. But it is
not sufficient...
Type: ViewpointReport#: 16906Date: May 31, 1995Author:
Bacon,Robert W.
Exploration for petroleum occurs on the
basis of government-granted concessions, leases, or
contracts whose terms and conditions are established by law
or negotiated...
Type: ViewpointReport#: 16905Date: May 31, 1995Author:
Khelil,Chakib
The first question any private loan
officer is taught to ask is, how do one get money back?
Borrowers have offered two broad answers to that question:
giving an unsecured...
Type: ViewpointReport#: 16902Date: April 30, 1995Author:
Fleisig,Heywood W.
When World Bank staff design credit
programs in developing countries, they often find that
lenders in the formal banking sector show little interest in
small farms and...
Type: ViewpointReport#: 16903Date: April 30, 1995Author:
Fleisig,Heywood W.
The rapid buildup of interenterprise
credit in many Central and Eastern European countries is
often seen as a major problem that governments must fix. The
authors argue...
Type: ViewpointReport#: 16900Date: March 31, 1995Author:
Ramachandran,S. ;
Condon,Timothy J.
Weaknesses in a payment system can
result in inefficient use of the available money stock,
inequitable risk sharing between trading parties, lack of
confidence in the...
Type: ViewpointReport#: 16981Date: March 31, 1995Author:
Montes-Negret, Fernando ;
Keppler, Robert
State-owned enterprise restructuring has
been slow in the transforming economies of Eastern Europe
and the former Soviet Union, which some have blamed on the
absence...
Type: ViewpointReport#: 16982Date: March 31, 1995Author:
Ramachandran, S.
Financial conglomerates are firms that
include multiple financial institutions often regulated by
different agencies. The trend toward conglomeration blurs
the lines...
Type: ViewpointReport#: 16980Date: March 31, 1995Author:
Scott, David H.
Increasing private sector participation
to improve the efficiency of infrastructure services is a
growing trend around the world. Some elements of most
infrastructure...
Type: ViewpointReport#: 16899Date: March 31, 1995Author:
Dnes, Antony W.
International electricity markets are
complex, and experience with them is limited. Purely
physical exchange between countries already occurs where
interconnection lines...
Type: ViewpointReport#: 16901Date: March 31, 1995Author:
Charpentier,J. P. ;
Schenk,K.
This Note proposes that the immediate
focus of financial reform in Central and Eastern Europe
should be on privatizing the intermediation of savings
flows, which affect...
Type: ViewpointReport#: 16983Date: March 31, 1995Author:
Ramachandran, S.
There is a common misconception that in
a high-inflation environment, long-term investment can be
funded by long-term loans as long as a high nominal interest
rate is...
Type: ViewpointReport#: 16979Date: February 28, 1995Author:
Mozes, Dan
In most countries, water is still
regarded as public property. Despite growing water scarcity
and the high costs of hydraulic infrastructure, water is
typically underpriced...
Type: ViewpointReport#: 16978Date: February 28, 1995Author:
Thobani,Mateen
In some countries, privatization has
stalled because of a popular perception that it benefits
only the rich and powerful or only foreigners. The author
looks at how...
Type: ViewpointReport#: 16984Date: January 31, 1995Author:
Bell,Stuart W.
From the early 1950s until quite
recently, the Japanese government took an active role in
promoting a bank debenture market. This Note explains how
the Japanese bank...
Type: ViewpointReport#: 16977Date: December 31, 1994Author:
Watanabe, Masakazu
This Note discusses the Argentine
Capital Market Development loan, approved by the World
Bank's executive directors in March 1994. The Bank
provides a US$500 million...
Type: ViewpointReport#: 16974Date: November 30, 1994Author:
Habeck, Odo
The wave of infrastructure
privatizations is now sweeping the globe. Whether this
privatization wave will lead to lasting welfare gains or is
just part of a historical...
Type: ViewpointReport#: 16975Date: November 30, 1994Author:
Klein,Maximilian Michael Johann ;
Roger,Neil D.
While campaigning for the 1993
presidential election, Gonzalo Sanchez de Lozada proposed
the unique Bolivian model of capitalization -- "Plan de
Todos" (Plan for everyone)--for...
Type: ViewpointReport#: 16976Date: November 30, 1994Author:
Ewing, Andrew ;
Goldmark, Susan
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