Role of institutional design in the conduct of infrastructure industry reforms : an illustration through telecommunications in developing countries
Date
2008
Journal Title
Journal ISSN
Volume Title
Publisher
Southern African Journal of Information and Communication (SAJIC), The Edge Institute / Research ICT Africa, Braamfontein, ZA
Abstract
The main findings and policy implications pertain to two issues. The first issue concerns the impact of the quality of political and economic institutions on the function of regulation. This review points to the fact that political accountability of institutional systems, particularly in developing countries, is a key determinant of regulatory performance. The second issue relates to the factors that shape sectoral reforms themselves and the impact of these reforms on industrial development. The main conclusion is that countries’ institutional risk and financial constraints are among the major factors that explain which reforms actually get implemented.
Description
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Journal Article (peer-reviewed)
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Text
Keywords
ACCOUNTABILITY, ICT POLICY, INSTITUTIONAL ECONOMICS, REGULATORY REFORM, ICT SECTOR, FINANCIAL IMPLICATIONS, ICT INFRASTRUCTURE