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Redesigning Public Utilities: The Key Role of Micro-Institutions

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  • Claude Ménard

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique)

Abstract

The movement towards reforming public utilities that developed during the 1980s has largely contributed to placing institutions high on the agenda of economists. Indeed, difficulties encountered in implementing successful change in the provision of essential goods and services revealed the importance and influence of the institutional background. Although most of the initial attention of reformers focused on the most profitable sectors among network industries, namely: telecoms, electricity, and gas, the importance of water and sewerage and the need to find ways to provide them to large segments of the population that do not have access to safe water around the world was increasingly acknowledged.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Claude Ménard, 2009. "Redesigning Public Utilities: The Key Role of Micro-Institutions," Post-Print hal-00650935, HAL.
    • Handle: RePEc:hal:journl:hal-00650935
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    Cited by:

    1. Antonio Massarutto & Andrea Garlatti & Stefano Miani & Ernesto Cassetta & Silvia Iacuzzi, 2021. "Evaluating the performance of local SoEs as output‐maximizing entities: The case of Friuli Venezia Giulia," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 92(2), pages 307-332, June.

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