Perhaps not in all cases
I often wonder whether the solution here may not be a regulated public utility, such as we used at earlier times for both telephone and electricity - Ma Bell and the power companies.
In other words, widespread public ownership, rate of return fixed and tied to capital formation, fully open books, a public oversight committee which decisions must be submitted to for review before they are implemented.
These countries economies are at an earlier stage of formation, so perhaps the tools which were effective for ourselves in earlier times may be most effective for these countries today.
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