Telecommunications Reform : How to Succeed
Telecommunications Reform -privatization and opening markets to competition- can be a positive-sum game in which all stakeholders gain: customers, existing and new operators, employees, domestic and foreign investors, and government. But the extent...
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/1997/10/441717/telecommunications-reform-succeed http://hdl.handle.net/10986/11569 |
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okr-10986-115692021-06-14T11:04:01Z Telecommunications Reform : How to Succeed Wellenius, Björn ACTUAL COSTS BUDGET DEFICITS CHAMBERS OF COMMERCE COMPETITION POLICY COMPETITIVE BIDDING COMPETITIVE MARKETS DEBT DEBT FINANCING DEBT SERVICE ECONOMIC EFFICIENCY EMPLOYMENT EVALUATION CRITERIA FOREIGN EXCHANGE GOVERNMENT OBLIGATIONS INCOME INFLATION INNOVATIONS LABOR PRODUCTIVITY LABOR UNIONS LAWS LICENSES MONOPOLIES OUTSOURCING POLITICAL AUTHORITY PRIVATE SECTOR PRIVATIZATION PROFITABILITY RADIO STATE ENTERPRISES SUSTAINABLE GROWTH TAX TAX REVENUE TELECOMMUNICATIONS TELECOMMUNICATIONS COMPANIES TELECOMMUNICATIONS LAW TELECOMMUNICATIONS REFORM TELECOMMUNICATIONS REFORMS TELEPHONE ACCESS TELEPHONE LINES TRAINING PROGRAMS TREASURY DENATIONALIZATION CONSUMER PRICES MONOPOLIES PRICE CONTROLS PUBLIC ENTERPRISES STOCKHOLDERS TARIFF POLICY TARIFFS INVESTMENTS MARKET COMPETITION TELECOMMUNICATIONS Telecommunications Reform -privatization and opening markets to competition- can be a positive-sum game in which all stakeholders gain: customers, existing and new operators, employees, domestic and foreign investors, and government. But the extent and timing of benefits vary from one case to another. The author sets out some rules for reform that will enhance those benefits: Get support at the highest level of political authority. Sort out conflicting objectives early especially the conflict between maximizing revenue and delivering more, better, and cheaper services. Use market mechanisms rather than individual negotiations to select the partners and determine the right sale price. Establish and follow clearly defined processes for sale and regulation that are open to participation and review by all interested parties. And respect and trust the general public and keep it informed. Although major transactions such as a privatization or the issuance of new licenses drive the reform agenda, change continues well beyond them. Following the rules and honoring commitments help consolidate an environment for sustainable development of telecommunications. 2012-08-13T15:25:18Z 2012-08-13T15:25:18Z 1997-10 http://documents.worldbank.org/curated/en/1997/10/441717/telecommunications-reform-succeed Viewpoint. -- Note no. 130 (October 1997) http://hdl.handle.net/10986/11569 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 |
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Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
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English |
| topic |
ACTUAL COSTS BUDGET DEFICITS CHAMBERS OF COMMERCE COMPETITION POLICY COMPETITIVE BIDDING COMPETITIVE MARKETS DEBT DEBT FINANCING DEBT SERVICE ECONOMIC EFFICIENCY EMPLOYMENT EVALUATION CRITERIA FOREIGN EXCHANGE GOVERNMENT OBLIGATIONS INCOME INFLATION INNOVATIONS LABOR PRODUCTIVITY LABOR UNIONS LAWS LICENSES MONOPOLIES OUTSOURCING POLITICAL AUTHORITY PRIVATE SECTOR PRIVATIZATION PROFITABILITY RADIO STATE ENTERPRISES SUSTAINABLE GROWTH TAX TAX REVENUE TELECOMMUNICATIONS TELECOMMUNICATIONS COMPANIES TELECOMMUNICATIONS LAW TELECOMMUNICATIONS REFORM TELECOMMUNICATIONS REFORMS TELEPHONE ACCESS TELEPHONE LINES TRAINING PROGRAMS TREASURY DENATIONALIZATION CONSUMER PRICES MONOPOLIES PRICE CONTROLS PUBLIC ENTERPRISES STOCKHOLDERS TARIFF POLICY TARIFFS INVESTMENTS MARKET COMPETITION TELECOMMUNICATIONS |
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ACTUAL COSTS BUDGET DEFICITS CHAMBERS OF COMMERCE COMPETITION POLICY COMPETITIVE BIDDING COMPETITIVE MARKETS DEBT DEBT FINANCING DEBT SERVICE ECONOMIC EFFICIENCY EMPLOYMENT EVALUATION CRITERIA FOREIGN EXCHANGE GOVERNMENT OBLIGATIONS INCOME INFLATION INNOVATIONS LABOR PRODUCTIVITY LABOR UNIONS LAWS LICENSES MONOPOLIES OUTSOURCING POLITICAL AUTHORITY PRIVATE SECTOR PRIVATIZATION PROFITABILITY RADIO STATE ENTERPRISES SUSTAINABLE GROWTH TAX TAX REVENUE TELECOMMUNICATIONS TELECOMMUNICATIONS COMPANIES TELECOMMUNICATIONS LAW TELECOMMUNICATIONS REFORM TELECOMMUNICATIONS REFORMS TELEPHONE ACCESS TELEPHONE LINES TRAINING PROGRAMS TREASURY DENATIONALIZATION CONSUMER PRICES MONOPOLIES PRICE CONTROLS PUBLIC ENTERPRISES STOCKHOLDERS TARIFF POLICY TARIFFS INVESTMENTS MARKET COMPETITION TELECOMMUNICATIONS Wellenius, Björn Telecommunications Reform : How to Succeed |
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Viewpoint |
| description |
Telecommunications Reform -privatization
and opening markets to competition- can be a positive-sum
game in which all stakeholders gain: customers, existing and
new operators, employees, domestic and foreign investors,
and government. But the extent and timing of benefits vary
from one case to another. The author sets out some rules for
reform that will enhance those benefits: Get support at the
highest level of political authority. Sort out conflicting
objectives early especially the conflict between maximizing
revenue and delivering more, better, and cheaper services.
Use market mechanisms rather than individual negotiations to
select the partners and determine the right sale price.
Establish and follow clearly defined processes for sale and
regulation that are open to participation and review by all
interested parties. And respect and trust the general public
and keep it informed. Although major transactions such as a
privatization or the issuance of new licenses drive the
reform agenda, change continues well beyond them. Following
the rules and honoring commitments help consolidate an
environment for sustainable development of telecommunications. |
| format |
Publications & Research :: Viewpoint |
| author |
Wellenius, Björn |
| author_facet |
Wellenius, Björn |
| author_sort |
Wellenius, Björn |
| title |
Telecommunications Reform : How to Succeed |
| title_short |
Telecommunications Reform : How to Succeed |
| title_full |
Telecommunications Reform : How to Succeed |
| title_fullStr |
Telecommunications Reform : How to Succeed |
| title_full_unstemmed |
Telecommunications Reform : How to Succeed |
| title_sort |
telecommunications reform : how to succeed |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/1997/10/441717/telecommunications-reform-succeed http://hdl.handle.net/10986/11569 |
| _version_ |
1764417208774033408 |