Lessons from Deregulation

Telecommunications and Airlines after the Crunch

Autor: Alfred E. Kahn

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Legare: Carte broșată

Editura: Brookings Institution

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Over the last several years, the value of stocks in both the airline and the telecommunications indu...

Informații despre carte

Autor

Alfred E. Kahn

Limbă

engleză

Legare

Carte - Carte broșată

Publicat

2003

Pagini

EAN

9780815748199

ISBN

0815748191

Enbook ID

04727935

Editura

Brookings Institution

Greutate

156

Dimensiuni

153 x 228 x 8

Descriere completă

Over the last several years, the value of stocks in both the airline and the telecommunications industries have dropped catastrophically. Since these industries were among the most important --and most visible --to have been unleashed from regulation in recent decades (albeit in widely differing degree), their difficulties have raised the question of whether their deregulation should be reconsidered or even reversed.Alfred E. Kahn, one of the foremost authorities on deregulation, argues in this book that every passing year demonstrates the superiority of the road chosen for the airlines. He contrasts the financial meltdowns of both the airline and telecommunications industries with others taking place at the same time, particularly in technology-related stocks and "dot.coms," pointing out that these sectors were also relatively free of direct economic regulation. Their experience provides a useful counter to the natural tendency to blame all the woes of aviation and telecommunications on government policy.This book provides a valuable and accessible guide to unraveling the complex world of network deregulation. It will serve as a reference point for practioners and policymakers, as well as an important introduction for the general public.

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Lessons from Deregulation

Telecommunications and Airlines after the Crunch

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