Recognizing infrastructure’s importance, many countries over the past three decades have implemented far-reaching reforms — competitive restructuring, privatization, and establishing new approaches to regulation. This course provides an overview of the challenges involved in this massive global policy redirection within the historical, economic, and institutional context of advanced industrial and developing and transition economies. Drawing on a range of international experiences and empirical studies the course will assess the outcomes of these policy changes as well as their distributional outcomes.
Pre-requisite: Intermediate Microeconomics
[Also GLBL 304a]