Redesigning Public Utilities: the Key Role of Micro-institutions

Claude Menard

Chapter 10 in Corruption, Development and Institutional Design, 2009, pp 189-202 from Palgrave Macmillan

Abstract: Abstract The movement towards reforming public utilities that developed during the 1980s has largely contributed to placing institutions high on the agenda of economists. Indeed, difficulties encountered in implementing successful change in the provision of essential goods and services revealed the importance and influence of the institutional background. Although most of the initial attention of reformers focused on the most profitable sectors among network industries, namely: telecoms, electricity, and gas, the importance of water and sewerage and the need to find ways to provide them to large segments of the population that do not have access to safe water around the world was increasingly acknowledged.

Keywords: Economic Policy; International Economic; Economic System; Financial Economic; Large Segment (search for similar items in EconPapers)
Date: 2009
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Working Paper: Redesigning Public Utilities: The Key Role of Micro-Institutions (2009)
Working Paper: Redesigning Public Utilities: The Key Role of Micro-Institutions (2009)
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DOI: 10.1057/9780230242173_10

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