Privatisation, Competition and Regulation [electronic resource] /
Organisation for Economic Co-operation and Development.
Organisation for Economic Co-operation and Development Advisory Group on PrivatisationContent Provider
Paris : OECD Publishing,
2000.
Over the past decade, privatisation has increasingly taken place in the public utility sector. Technological advances and policy shifts have diminished the perception that public utilities are natural monopolies requiring state ownership. However, the privatisation of such state-owned monopolies raises important regulatory issues. In particular, there should be an adequate regulatory framework to promote competition and, especially if rigorous market competition is lacking, to protect the interests of consumers. Therefore, privatisation needs to be pursued in tandem with competition-enhancing policy and the design of an adequate post-privatisation regulatory framework. This volume brings together a number of papers discussing the interrelationship among privatisation, competition and regulation. The papers make reference to the experience of different countries with privatisation in a wide range of infrastructure sectors.
CONTENTS; Introductory Note; Privatisation of Public Utilities: The OECD Experience; Introduction and summary; Public ownership of utilities and the case for privatisation:What has changed; The great institutional re-alignment: Changing incentivesand separating objectives; The objectives and results of privatisation; Introducing competition in the infrastructure sectors; Conclusions; Privatisation and Competition: The Evidence from Utility and Infrastructure Privatisation in the United Kingdom; Executive summary; Introduction
Overview of utility and infrastructure privatisationin the United KingdomThe performance of the privatised industries; Conclusion; Evidence From Utility and Infrastructure Privatisation in Chile; Summary; Introduction; The electrical power industry; The telecommunications sector; The transport sector; Privatisation Methods and Their Impact on Competition: The Brazilian Experience; Summary; Factors that contributed to the Brazilian privatisation process; Methods and aspects of privatisations; Effects of privatisations
Trade off: mechanisms for the defence of competition versusthe needs of large scale operationConclusions; Appendix I History of the Brazilian Denationalisation Programme; Appendix II Initial Legal Regulatory Framework in Brazil; The Role of the Regulatory Environment in Fostering Innovation and Growth; Introduction; Regulatory reform, new goods and the promotion of entrepreneurship; The benefits of infrastructure reform; Reform options; Conclusions; Competition and Regulation in Public Utilities; Introduction; Legislative role of the European authorities in the liberalisation process
A policy for efficiency and quality improvements in public utilitiesConclusions; Annex I; Regulation of Water Distribution in Argentina; Summary; Introduction; Regulation, competition and privatisation in Argentina; Privatisation and Regulation of water distribution in Argentina; Regulation of water distributionin the Buenos Aires metropolitan area; Conclusions; Annex II; Policy Issues in Telecommunications Reform: The Netherlands; Regulatory framework; Performance; Policy issues
"Papers presented at the AGP's twelfith meeting in Helsinki in September 1998"-- Page 3.
Includes bibliographical references.
Over the past decade, privatisation has increasingly taken place in the public utility sector. Technological advances and policy shifts have diminished the perception that public utilities are natural monopolies requiring state ownership. However, the privatisation of such state-owned monopolies raises important regulatory issues. In particular, there should be an adequate regulatory framework to promote competition and, especially if rigorous market competition is lacking, to protect the interests of consumers. Therefore, privatisation needs to be pursued in tandem with competition-enhancing policy and the design of an adequate post-privatisation regulatory framework. This volume brings together a number of papers discussing the interrelationship among privatisation, competition and regulation. The papers make reference to the experience of different countries with privatisation in a wide range of infrastructure sectors.
Competition
Deregulation
Privatization
Trade regulation