Abstract
As countries throughout the world open the telecommunications market to competition, they are finding that the hurdles they face are largely political and institutional. The good news is that practical ways exist to overcome the hurdles. Measures will be needed to make incumbent monopoly providers more commercially oriented and subject to the same basic rules as other providers. A regulatory environment that provides incentives for efficient investment, protects consumers, and ensures fair competition will have to be created, and conflicting interests will have to be handled with sensitivity during the transition period, especially those concerning traditional telecommunications workers. -from Authors
Original language | English (US) |
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Pages (from-to) | 39-42 |
Number of pages | 4 |
Journal | Finance and Development |
Volume | 32 |
Issue number | 2 |
State | Published - 1995 |
All Science Journal Classification (ASJC) codes
- Geography, Planning and Development
- Development
- Finance