Global Rivalry in Infrastructure
PRIVATE INITIATIVES IN INFRASTRUCTURE: PRIORITIES, INCENTIVES AND PERFORMANCE, Sanford V. Berg, Michael G. Pollitt, and Masatsugu Tsuji, eds., pp. 299-349, China: Institute of Developing Economies, 2000
54 Pages Posted: 9 Feb 2010
Date Written: 2000
Abstract
This paper describes MLR in utility markets, explains how globalization drives MLR, and describes how MLR in turn causes firms to become even more global, as each firm strives to enter into markets further and further removed from its traditional markets. It first describes the industry transformations and market reforms, focusing on the telecommunications and energy industries. It then explains how governments are using competition to improve utility infrastructure.
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