The New International Trade Regime in Telecommunication Services and Network Modernization in Transition Economies

This study assesses how developing and transition economies have fared in profiting from changes in the telecommunications market and examines the policy challenges that remain. It pays special attention to the global market and regulatory milieu fostered by the WTO Agreement of 1997. The study asks what this latest transformation has taught us about wise management of this vital part of the infrastructure of the world's economy. It focuses 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.