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Happily, the revolution going on in the telecommunications industry is benign. Technological change and competition are making possible changes considered improbable even 15 years ago. The WTO Agreement on Basic Telecommunications Services created a new regime for the world market. Now we must pay close attention to regulatory fundamentals.
Happily, the revolution g ...
Every country serious about introducing competition finds that the transition from monopoly to competition is both economically rewarding and laden with policy dilemmas. As a new century begins, we have an essentially new market for telecommunications. Digital technology forced a re-examination of the opportunity costs of protecting traditional telecommunications equipment and service suppliers. An inefficient market for telecommunications threatened competitiveness in the computer, software, and information industry markets. Meanwhile, after dislocations created by global stagflation through the early 1980s, developing countries became interested in privatization of state enterprises as a tool of economic reform--and state telephone companies were especially promising targets for privatization. Those countries began exploring options for allowing selective competition, as phone companies in major industrial countries began looking to foreign markets for new business opportunities. The World Trade Organization (WTO) Agreement on Basic Telecommunications Services created a new regime for the world market. Now we must pay close attention to regulatory fundamentals: 1) Low barriers to entry in the market for communications services. 2) Effective re-balancing of rates for services during the market transition. 3) Effective Strong interconnection policies. 4) The creation of independent regulatory authorities with the resources and power necessary to foster competition and safeguard consumer welfare. The authors assess how developing and transition economies have fared in profiting from changes in the telecommunications market. They also examine the policy challenges that remain, paying special attention to the global market and regulatory milieu fostered by the 1997 WTO Agreement. They ask what this latest transformation has taught us about wise management of this vital part of the world economy`s infrastructure. They focus on the economics of managing the transition to competition, the design of proper regulatory policies and processes, and the embedding of domestic telecommunications in the world market.
This book adopts an approach of ‘mixed-method research’ with an in-depth qualitative comparative case study analysis triangulated by a quantitative statistical analysis. In particular, the book attempts to capture Small Island Developing States control variables in its empirical analysis, often omitted from telecommunications empirical studies due to limited data. Based on the smallest and most isolated small island states in the World, the research’s comparative case study analysis was conducted in five Pacific Island States (Fiji, Papua New Guinea, Samoa, Tonga and Vanuatu). The book documents the early account of domestic telecommunications policies in Pacific Island case studies deemed useful for future research. In addition, the book proposes concrete policy insights to Small Island Developing State governments, telecommunications operators, academics and relevant international institutions. The book attempts to link three different strands of academic literatures – namely ‘islandness’, ‘telecommunications policy reform’ and ‘international trade agreements (WTO)’ – through analyzing the political economy of telecommunications reform in an island economy context and the role of the fixed-rules of the World Trade Organization on the credibility of telecommunications reform.
In the early 1990s, China started to reform its telecommunications regime by removing barriers to foreign and private investment and encouraging competition. This text applies the "Public Choice Plus" theory (developed in the study of economics) to the analysis of the policymaking process of China's telecommunications reforms. Guan is a senior fellow at the Centre for Innovation Law and Policy at the U. of Toronto.
Bern, Berlin, Bruxelles, Frankfurt/M., New York, Oxford, Wien. Under the World Trade Organization (WTO) Agreement on Telecommunications Services, 72 member states have made commitments with regard to the increasing international competition in the telecommunications sector. This book provides a comprehensive overview of the regulatory framework at a multilateral level. It deals with the growing importance and the technological evolution of the telecommunications sector. Furthermore, it describes the negotiations on telecommunications at WTO level. The book gives insights into the provisions of the Annex on Telecommunications and describes their impact on the services industry. Moreover, the commitments relating to basic telecommunications are analyzed. The author specifically examines the reference paper which sets out rules for competition in the telecommunications sector and interprets these provisions in the light of the existing multilateral rules. Contents: WTO/ITU - Annex on Telecommunications - Schedule of Commitments on Basic Telecommunications - Reference Paper - Competition Law - Telecommunications Law.
The publication contains an explanation of Most Favored Nation (MFN) treatment and some of the key issues that arise in its negotiation, particularly the scope and application of MFN treatment to the liberalization and protection of foreign investors in recent treaty practice. The paper provides policy options as regards the traditional application of MFN treatment and identifies reactions by States to the unexpected broad use of MFN treatment, and provides several drafting options, such as specifying or narrowing down the scope of application of MFN treatment to certain types of activities, clarifying the nature of "treatment" under the IIA, clarifying the comparison that an arbitral tribunal needs to undertake as well as a qualification of the comparison "in like circumstances" or excluding its use in investor-State cases.