Telecommunications reform in developing countries after the WTO agreement on basic telecommunications services

Peter Cowhey and Mikhail Klimenko
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Peter Cowhey: Graduate School of International Relations and Pacific Studies, University of California, San Diego, La Jolla, USA, Postal: Graduate School of International Relations and Pacific Studies, University of California, San Diego, La Jolla, USA

Journal of International Development, 2000, vol. 12, issue 2, 265-281

Abstract: This paper studies the main consequences and lessons of the WTO Agreement on Basic Telecommunications Services for economic reforms in developing countries. Our analysis emphasizes that the Agreement changed market and policy expectations about the supply, pricing, and demand growth of communications services. We show that WTO-enforced regulatory code in telecommunications (the 'Reference Paper') has considerably lowered the risks for domestic and foreign investors. One of the main conclusions of the paper is that an enforceable regulatory code can be an important tool for developing countries when reconciling the needs for policy consistency and flexibility during the introduction of competition in telecommunications. Copyright © 2000 John Wiley & Sons, Ltd.

Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:wly:jintdv:v:12:y:2000:i:2:p:265-281

DOI: 10.1002/(SICI)1099-1328(200003)12:2<265::AID-JID662>3.0.CO;2-7

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