Regulatory Policy

Scale without Growth: INFONAVIT's Expansion in the Mexican Mortgage Market

Publication Date: April 24, 2007

According to a World Bank report written in 2001, "in a modern, globally integrated Mexican economy, it is hard to argue for the continued existence of an institution such as INFONAVIT." The report went on to argue that the first-best option was...

Mr. Nam's Dilemma

Publication Date: September 30, 2005

In 2000, Vietnam passed the Enterprise Law to spur private sector development and facilitate its transition from a centrally-planned to a market economy. The Enterprise Law changed the paradigm for private business in Vietnam by making business...

A Commercial Bank Does Microfinance: Sogesol in Haiti

Publication Date: July 01, 2002

In 1995 Haiti's banking sector undergoes reform, two important aspects of which are a lowering of the reserve requirement on banks and a lifting of the interest rate ceiling on loans. These reforms give banks the opportunity to expand their...

Cochin International Airport: Gateway to God's Own Country

Publication Date: March 01, 2002

Cochin International Airport opened in 1999 to widespread acclaim as the first and only airport to be constructed and operated by a private company in India. By 2001 the airport was generating enough revenue to cover its operating costs, but not...

Congressional Oversight and Presidential Prerogative: The 1991 Intelligence Authorization Act

Publication Date: January 01, 2001

The history of the Central Intelligence Agency, from the time of its origins in the immediate post-World War II period, includes a crucial, ongoing tension. How should clandestine operations, whose effectiveness is based in secrecy, be treated...

Privatizing the Argentine Mail (Sequel)

Publication Date: December 01, 1998

In this case, Argentina's Minister of Economy, Domingo Cavallo, must decide how to deal with a problem of corruption that will be exacerbated if privatization of the Argentine Mail goes forward. Cavallo and his team approach this issue as if it...

Privatizing the Argentine Mail

Publication Date: December 01, 1998

In this case, Argentina's Minister of Economy, Domingo Cavallo, must decide how to deal with a problem of corruption that will be exacerbated if privatization of the Argentine Mail goes forward. Cavallo and his team approach this issue as if it...

ANDA: Transforming El Salvador's Water Company

Publication Date: September 01, 1998

In 1998, most officials in El Salvador recognize that the water infrastructure and the institutions responsible for managing that infrastructure are in disrepair. Without reforms, the country would be unable to provide water and sewerage...

SAGASCO Holdings Limited

Publication Date: August 01, 1998

In the summer of 1993, Australia's Trade Practices Commission was considering whether or not to permanently enjoin Santos Limited from acquiring SAGASCO Holdings Limited. This merger was potentially of enormous significance, since Santos was the...

Aguas de Cartagena: The Privatization of Water in Cartagena, Colombia (Sequel)

Publication Date: July 01, 1998

In 1992, Mayor Gabriel Garcia Romero confronted a situation all too familiar in developing countries--an inadequate and under capitalized water system. Only 28 percent of Cartagena's households had reliable drinking water. Thirty percent were...

Aguas de Cartagena: The Privatization of Water in Cartagena, Colombia

Publication Date: July 01, 1998

In 1992, Mayor Gabriel Garcia Romero confronted a situation all too familiar in developing countries--an inadequate and under-capitalized water system. Only 28 percent of Cartagena's households had reliable drinking water. Thirty percent were...

Chile's Water System: The Privatization Debate (A)

Publication Date: July 01, 1998

In 1995, the President of Chile proposed to the legislature several reforms designed to strengthen the agency that regulated the tariffs charged by Chile's water companies. Although a half dozen water companies were private, most of the water...