The limits to competition in urban bus services in developing countries [electronic resource] / Antonio Estache and Andrés Gómez-Lobo.

Estache and Gómez-Lobo make the case for the return of regulation in the organization of urban bus services in developing countries. During the past three decades urban public transport policy has gone through several phases. The 1980s and 1990s were characterized by liberalization of the sector fr...

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Bibliographic Details
Online Access: Full Text (via Open Knowledge Repository)
Main Author: Estache, Antonio
Corporate Author: World Bank Institute
Other Authors: Gómez-Lobo, Andrés
Format: Electronic eBook
Language:English
Published: Washington, D.C. : World Bank, World Bank Institute, 2004.
Series:Policy research working papers ; 3207.
Subjects:

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520 3 |a Estache and Gómez-Lobo make the case for the return of regulation in the organization of urban bus services in developing countries. During the past three decades urban public transport policy has gone through several phases. The 1980s and 1990s were characterized by liberalization of the sector from public ownership and monopoly provision. The experience of several countries, in particular Chile, indicates that a full liberalization of the sector may not be the welfare-maximizing option. The authors discuss the market failures that justify this claim and present the regulatory options available in this emerging new role of government. Throughout the paper they illustrate ideas with examples from Chile, Colombia, and a few other countries. This paper--a product of the World Bank Institute--is part of a larger effort in the institute to identify emerging policy issues in infrastructure. 
650 0 |a Buses  |z Developing countries  |v Case studies. 
650 0 |a Urban transportation  |z Developing countries  |v Case studies. 
650 0 |a Privatization  |z Developing countries  |v Case studies. 
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