Regulation of Social Services in the Least Developed Countries: What Are the Issues at Stake?

Cecilia Ugaz

No wp-1999-170, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: The privatization trend affecting the state involvement in productive sectors is also challenging the role of the state in the provision of social services. And, as private participation in social sectors increases, a regulatory framework is needed to ensure that the market reaches socially efficient outcomes. The regulation of social services carries the problem of conceptualization. What is the aim of regulatory intervention in social sectors? And what is the market structure to which this regulatory constraint will be applied to?

Keywords: Privatization; Public - private sector cooperation; Public welfare; Social security; Transfer payments (search for similar items in EconPapers)
Date: 1999
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