Developing Countries and Accounting Rates Reform : A Technological and Regulatory El Niño?
New technology and the liberalization of telecommunications markets are putting increasing stress on the accounting rates regime -- the system used by telecommunications carriers to settle their international traffic accounts. While operators in mo...
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Online Access: | http://documents.worldbank.org/curated/en/1999/01/441522/developing-countries-accounting-rates-reform-technological-regulatory-el-nino http://hdl.handle.net/10986/11499 |
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okr-10986-114992021-06-14T11:03:19Z Developing Countries and Accounting Rates Reform : A Technological and Regulatory El Niño? Braga, Carlos A. Primo Forestier, Emmanuel Stern, Peter A. TELECOMMUNICATIONS INTERNATIONAL TELECOMMUNICATION UNION DEVELOPING COUNTRIES TELECOMMUNICATION NETWORKS INTERCONNECTION TELEPHONE SERVICES CALLBACK SERVICES TELEPHONE NETWORKS EUROPEAN UNION TELEPHONE RATES GRANTS PRICING POLICY REOFRMS ACCOUNT ACCOUNTING ACCOUNTS BENCHMARKS BUSINESS PLANS COST STUDIES CURRENT ACCOUNT FOREIGN EXCHANGE FOREIGN EXCHANGE RESERVES HARD CURRENCY NET SETTLEMENT NEW ENTRANTS PRIVATE SECTOR PROFITABILITY PUBLIC SERVICES REGULATORY AUTHORITIES SUBSIDIARIES SUBSIDIARY TELECOMMUNICATIONS TRANSACTION COSTS New technology and the liberalization of telecommunications markets are putting increasing stress on the accounting rates regime -- the system used by telecommunications carriers to settle their international traffic accounts. While operators in most countries acknowledge that the current system is unsustainable, many developing countries have resisted the pressures for radical change, arguing that it will cause an unbearably large drop in their operations' profitability. Many depend heavily on international revenues to subsidize network development and public services. Several of the most vulnerable countries derive up to 50 percent of their telecommunications revenues from international settlements. And for about thirty countries changes to the settlement regime will have a significant effect on current account and fiscal balances. In several of these countries the telecommunications sector is characterized by distorted pricing structures, ineffective policies, and a monopoly service provider. This Note briefly reviews the growing pressures on the current arrangements, analyzes the countries most affected, discusses the future of international telephony pricing, and outlines new sources of assistance to help developing countries make the transition. 2012-08-13T15:14:08Z 2012-08-13T15:14:08Z 1999-01 http://documents.worldbank.org/curated/en/1999/01/441522/developing-countries-accounting-rates-reform-technological-regulatory-el-nino Viewpoint. -- Note no. 173 (January1999) http://hdl.handle.net/10986/11499 English Viewpoint CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Viewpoint Publications & Research |
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Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English |
topic |
TELECOMMUNICATIONS INTERNATIONAL TELECOMMUNICATION UNION DEVELOPING COUNTRIES TELECOMMUNICATION NETWORKS INTERCONNECTION TELEPHONE SERVICES CALLBACK SERVICES TELEPHONE NETWORKS EUROPEAN UNION TELEPHONE RATES GRANTS PRICING POLICY REOFRMS ACCOUNT ACCOUNTING ACCOUNTS BENCHMARKS BUSINESS PLANS COST STUDIES CURRENT ACCOUNT FOREIGN EXCHANGE FOREIGN EXCHANGE RESERVES HARD CURRENCY NET SETTLEMENT NEW ENTRANTS PRIVATE SECTOR PROFITABILITY PUBLIC SERVICES REGULATORY AUTHORITIES SUBSIDIARIES SUBSIDIARY TELECOMMUNICATIONS TRANSACTION COSTS |
spellingShingle |
TELECOMMUNICATIONS INTERNATIONAL TELECOMMUNICATION UNION DEVELOPING COUNTRIES TELECOMMUNICATION NETWORKS INTERCONNECTION TELEPHONE SERVICES CALLBACK SERVICES TELEPHONE NETWORKS EUROPEAN UNION TELEPHONE RATES GRANTS PRICING POLICY REOFRMS ACCOUNT ACCOUNTING ACCOUNTS BENCHMARKS BUSINESS PLANS COST STUDIES CURRENT ACCOUNT FOREIGN EXCHANGE FOREIGN EXCHANGE RESERVES HARD CURRENCY NET SETTLEMENT NEW ENTRANTS PRIVATE SECTOR PROFITABILITY PUBLIC SERVICES REGULATORY AUTHORITIES SUBSIDIARIES SUBSIDIARY TELECOMMUNICATIONS TRANSACTION COSTS Braga, Carlos A. Primo Forestier, Emmanuel Stern, Peter A. Developing Countries and Accounting Rates Reform : A Technological and Regulatory El Niño? |
relation |
Viewpoint |
description |
New technology and the liberalization of
telecommunications markets are putting increasing stress on
the accounting rates regime -- the system used by
telecommunications carriers to settle their international
traffic accounts. While operators in most countries
acknowledge that the current system is unsustainable, many
developing countries have resisted the pressures for radical
change, arguing that it will cause an unbearably large drop
in their operations' profitability. Many depend heavily
on international revenues to subsidize network development
and public services. Several of the most vulnerable
countries derive up to 50 percent of their
telecommunications revenues from international settlements.
And for about thirty countries changes to the settlement
regime will have a significant effect on current account and
fiscal balances. In several of these countries the
telecommunications sector is characterized by distorted
pricing structures, ineffective policies, and a monopoly
service provider. This Note briefly reviews the growing
pressures on the current arrangements, analyzes the
countries most affected, discusses the future of
international telephony pricing, and outlines new sources of
assistance to help developing countries make the transition. |
format |
Publications & Research :: Viewpoint |
author |
Braga, Carlos A. Primo Forestier, Emmanuel Stern, Peter A. |
author_facet |
Braga, Carlos A. Primo Forestier, Emmanuel Stern, Peter A. |
author_sort |
Braga, Carlos A. Primo |
title |
Developing Countries and Accounting Rates Reform : A Technological and Regulatory El Niño? |
title_short |
Developing Countries and Accounting Rates Reform : A Technological and Regulatory El Niño? |
title_full |
Developing Countries and Accounting Rates Reform : A Technological and Regulatory El Niño? |
title_fullStr |
Developing Countries and Accounting Rates Reform : A Technological and Regulatory El Niño? |
title_full_unstemmed |
Developing Countries and Accounting Rates Reform : A Technological and Regulatory El Niño? |
title_sort |
developing countries and accounting rates reform : a technological and regulatory el niño? |
publisher |
World Bank, Washington, DC |
publishDate |
2012 |
url |
http://documents.worldbank.org/curated/en/1999/01/441522/developing-countries-accounting-rates-reform-technological-regulatory-el-nino http://hdl.handle.net/10986/11499 |
_version_ |
1764416955649884160 |