Regulating Infrastructure

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Regulating Infrastructure

José A. Gómez-Ibáñez
Regulating Infrastructure Book PDF

Author : José A. Gómez-Ibáñez
Publisher : Harvard University Press
Page : 456 pages
File Size : 49,7 Mb
Release : 2006-09-01
Category : Business & Economics
ISBN : 0674037804

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Regulating Infrastructure by José A. Gómez-Ibáñez Pdf

In the 1980s and '90s many countries turned to the private sector to provide infrastructure and utilities, such as gas, telephones, and highways--with the idea that market-based incentives would control costs and improve the quality of essential services. But subsequent debacles including the collapse of California's wholesale electricity market and the bankruptcy of Britain's largest railroad company have raised troubling questions about privatization. This book addresses one of the most vexing of these: how can government fairly and effectively regulate "natural monopolies"--those infrastructure and utility services whose technologies make competition impractical? Rather than sticking to economics, José Gómez-Ibáñez draws on history, politics, and a wealth of examples to provide a road map for various approaches to regulation. He makes a strong case for favoring market-oriented and contractual approaches--including private contracts between infrastructure providers and customers as well as concession contracts with the government acting as an intermediary--over those that grant government regulators substantial discretion. Contracts can provide stronger protection for infrastructure customers and suppliers--and greater opportunities to tailor services to their mutual advantage. In some cases, however, the requirements of the firms and their customers are too unpredictable for contracts to work, and alternative schemes may be needed.

Handbook for Evaluating Infrastructure Regulatory Systems

Ashley C. Brown,Jon Stern,Bernard William Tenenbaum,Defne Gencer
Handbook for Evaluating Infrastructure Regulatory Systems Book PDF

Author : Ashley C. Brown,Jon Stern,Bernard William Tenenbaum,Defne Gencer
Publisher : World Bank Publications
Page : 422 pages
File Size : 41,8 Mb
Release : 2006-01-01
Category : Business & Economics
ISBN : 9780821365809

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Handbook for Evaluating Infrastructure Regulatory Systems by Ashley C. Brown,Jon Stern,Bernard William Tenenbaum,Defne Gencer Pdf

More than 200 new infrastructure regulators have been created around the world in the last 15 years. They were established to encourage clear and sustainable long-term economic and legal commitments by governments and investors to encourage new investment to benefit existing and new customers. There is now considerable evidence that both investors and consumers-the two groups that were supposed to have benefited from these new regulatory systems-have often been disappointed with their performance. The fundamental premise of this book is that regulatory systems can be successfully reformed only if there are independent, objective and public evaluations of their performance. Just as one goes to a medical doctor for a regular health checkup, it is clear that infrastructure regulation would also benefit from periodic checkups. This book provides a general framework as well as detailed practical guidance on how to perform such "regulatory checkups."

Regulation of Infrastructure and Utilities

Alberto Asquer
Regulation of Infrastructure and Utilities Book PDF

Author : Alberto Asquer
Publisher : Springer
Page : 222 pages
File Size : 54,7 Mb
Release : 2017-10-24
Category : Political Science
ISBN : 9783319677354

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Regulation of Infrastructure and Utilities by Alberto Asquer Pdf

This book provides a comprehensive discussion of the public policy and management issues that are encountered in the regulation of infrastructure and utilities. Drawing from theoretical arguments and several case studies, the book is divided into three parts, namely devising regulation, installing regulation, and making regulation work. The first part covers theories of regulation, regulatory policies, strategies and tools, and regulatory reforms. The second part deals with the politics of regulation and regulatory capacity. The third part discusses regulatory commitment and investments, the performance of regulated industries, and the design of regulatory systems. Case studies pay attention to various sectors (including water, electricity, telecommunications, highways, railways, district heating, and airports) from countries in every region of the world. ; ;

Accounting for Infrastructure Regulation

Martin Rodriguez Pardina,Richard Schlirf Rapti,Eric Groom
Accounting for Infrastructure Regulation Book PDF

Author : Martin Rodriguez Pardina,Richard Schlirf Rapti,Eric Groom
Publisher : World Bank Publications
Page : 240 pages
File Size : 46,6 Mb
Release : 2008
Category : Business & Economics
ISBN : 9780821371800

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Accounting for Infrastructure Regulation by Martin Rodriguez Pardina,Richard Schlirf Rapti,Eric Groom Pdf

This title provides a practical guide for regulators, policy-makers, and utility managers for establishing regulatory accounts that can be the cornerstone for better, more complete, and more reliable information. It sets out the essential accounting features of regulatory accounts and provides practical guidance on controversial areas such as cost allocation, asset valuation, and depreciation. It emphasizes the essential requirements for consistency with Generally Accepted Accounting Principles (GAAP).

Infrastructure Regulation

Darryl S. L. Jarvis,Xun Wu
Infrastructure Regulation Book PDF

Author : Darryl S. L. Jarvis,Xun Wu
Publisher : World Scientific
Page : 622 pages
File Size : 45,5 Mb
Release : 2011
Category : Political Science
ISBN : 9789814335737

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Infrastructure Regulation by Darryl S. L. Jarvis,Xun Wu Pdf

Regulation of public infrastructure has been a topic of interest for more than a century. Yet, little is known about what works and why, when it comes to infrastructure regulation. This book intends to contribute to the understanding of infrastructure regulations by analyzing empirical cases in telecommunications, electricity and water, with examples drawn from a number of countries in Asia and beyond. The book addresses the following questions: Does regulation work? What kind of regulation works? What kinds don't work? Why do some forms of regulation work and not others? How do we know whether they work or not? How do we isolate the effects of different political, economic and legal contexts? Are there systematic differences across infrastructure sectors that necessitate particular regulatory design? It brings together distinguished scholars and practitioners who are experts in the area to address essential issues in regulation through conceptual and empirical studies.

Governing Infrastructure Regulators in Fragile Environments

World Bank
Governing Infrastructure Regulators in Fragile Environments Book PDF

Author : World Bank
Publisher : World Bank Publications
Page : 209 pages
File Size : 40,7 Mb
Release : 2019-07-30
Category : Business & Economics
ISBN : 9781464814341

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Governing Infrastructure Regulators in Fragile Environments by World Bank Pdf

Countries exiting conflict and fragility face many urgent priorities and almost invariably suffer from substantial infrastructure deficits. There is typically very little infrastructure investment during periods of fragility and conflict, and existing installations are often damaged or destroyed. The purpose of this manual is to contribute to improvements in the quality of infrastructure regulation. It does so by identifying key principles for the governance of infrastructure regulators and by suggesting how these principles can be introduced successfully and maintained over time. The introduction of cross-cutting governance principles for regulators is based on the assumption that a uniform set of governance principles can be less costly and complex for governments to implement and enforce and will provide potential investors with a more consistent and predictable regulatory environment to navigate. The manual also discusses the process of implementing regulatory governance reforms in fragile contexts. Improvements in governance frameworks for infrastructure regulators will support better and accountable regulatory decision-making, as well as increased investment and overall economic development. Case studies from relevant country experience complement and provide context to the discussion on principles.

Governing Infrastructure Regulators in Fragile Environments

World Bank
Governing Infrastructure Regulators in Fragile Environments Book PDF

Author : World Bank
Publisher : World Bank Publications
Page : 209 pages
File Size : 40,9 Mb
Release : 2019-07-30
Category : Business & Economics
ISBN : 9781464814341

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Governing Infrastructure Regulators in Fragile Environments by World Bank Pdf

Countries exiting conflict and fragility face many urgent priorities and almost invariably suffer from substantial infrastructure deficits. There is typically very little infrastructure investment during periods of fragility and conflict, and existing installations are often damaged or destroyed. The purpose of this manual is to contribute to improvements in the quality of infrastructure regulation. It does so by identifying key principles for the governance of infrastructure regulators and by suggesting how these principles can be introduced successfully and maintained over time. The introduction of cross-cutting governance principles for regulators is based on the assumption that a uniform set of governance principles can be less costly and complex for governments to implement and enforce and will provide potential investors with a more consistent and predictable regulatory environment to navigate. The manual also discusses the process of implementing regulatory governance reforms in fragile contexts. Improvements in governance frameworks for infrastructure regulators will support better and accountable regulatory decision-making, as well as increased investment and overall economic development. Case studies from relevant country experience complement and provide context to the discussion on principles.

Distributed Ledgers

Robert M. Townsend
Distributed Ledgers Book PDF

Author : Robert M. Townsend
Publisher : MIT Press
Page : 241 pages
File Size : 46,7 Mb
Release : 2020-10-06
Category : Business & Economics
ISBN : 9780262361200

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Distributed Ledgers by Robert M. Townsend Pdf

An economic analysis of what distributed ledgers can do, examining key components and discussing applications in both developed and emerging market economies. Distributed ledger technology (DLT) has the potential to transform economic organization and financial structure. In this book, Robert Townsend steps back from the hype and controversy surrounding DLT (and the related, but not synonymous, innovations of blockchain and Bitcoin) to offer an economic analysis of what distributed ledgers can do. Townsend examines the key components of distributed ledgers, discussing, evaluating, and illustrating each in the context of historical and contemporary economics, and reviewing featured applications in both developed economies and emerging-market countries.

Regulation and Private Sector Investment in Infrastructure

Sheoli Pargal
Regulation and Private Sector Investment in Infrastructure Book PDF

Author : Sheoli Pargal
Publisher : World Bank Publications
Page : 48 pages
File Size : 43,5 Mb
Release : 2003
Category : Infrastructure (Economics)
ISBN : 8210379456XXX

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Regulation and Private Sector Investment in Infrastructure by Sheoli Pargal Pdf

The author assesses the importance of the regulatory framework as a determinant of private sector investment in infrastructure. She uses recently compiled data on private and public sector investment in the water, power, telecommunications, railroads, and roads sectors between 1980 and 1998 in nine countries in Latin America. The author finds that the most significant institutional determinant of private investment volumes is the passage of legislation liberalizing the investment regime. This is important because it indicates that the legal basis for reform is probably more critical in determining the quality of the investment climate than specific aspects of the institutional framework governing private sector participation. In accordance with intuition, the author's results indicate that government action to increase regulatory certainty and minimize the perceived risk of expropriation through the establishment of independent regulatory bodies is a critical determinant of the volume of private investment flows. She also finds that the general relationship of private to public investment is one of substitutability.

Regulating the Cloud

Joe Weinman
Regulating the Cloud Book PDF

Author : Joe Weinman
Publisher : MIT Press
Page : 329 pages
File Size : 52,7 Mb
Release : 2015-08-07
Category : Computers
ISBN : 9780262029407

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Regulating the Cloud by Joe Weinman Pdf

The emergence of the cloud as infrastructure: experts from a range of disciplines consider policy issues including reliability, privacy, consumer protection, national security, and copyright. The emergence of cloud computing marks the moment when computing has become, materially and symbolically, infrastructure—a sociotechnical system that is ubiquitous, essential, and foundational. Increasingly integral to the operation of other critical infrastructures, such as transportation, energy, and finance, it functions, in effect, as a meta-infrastructure. As such, the cloud raises a variety of policy and governance issues, among them market regulation, fairness, access, reliability, privacy, national security, and copyright. In this book, experts from a range of disciplines offer their perspectives on these and other concerns. The contributors consider such topics as the economic implications of the cloud's shifting of computing resources from ownership to rental; the capacity of regulation to promote reliability while preserving innovation; the applicability of contract theory to enforce service guarantees; the differing approaches to privacy taken by United States and the European Union in the post-Snowden era; the delocalization or geographic dispersal of the archive; and the cloud-based virtual representations of our body in electronic health data. Contributors Nicholas Bauch, Jean-François Blanchette, Marjory Blumenthal, Sandra Braman, Jonathan Cave, Lothar Determann, Luciana Duranti, Svitlana Kobzar, William Lehr, David Nimmer, Andrea Renda, Neil Robinson, Helen Rebecca Schindler, Joe Weinman, Christopher S. Yoo

Privatization and Regulation of Transport Infrastructure

Antonio Estache,Ginés de Rus
Privatization and Regulation of Transport Infrastructure Book PDF

Author : Antonio Estache,Ginés de Rus
Publisher : World Bank Publications
Page : 324 pages
File Size : 49,9 Mb
Release : 2000-01-01
Category : Business & Economics
ISBN : 0821347217

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Privatization and Regulation of Transport Infrastructure by Antonio Estache,Ginés de Rus Pdf

The 1990s saw an increase in the liberalisation of transport policies and a strengthening of the role of private operators and investors in transport infrastructure worldwide. The search for sustained improvement in efficiency is probably secondary to the need to find additional financing, but it is improvement in services that is at the core of the new role of the government in transport. Governments must now become fair economic regulators of many of the privately operated transport services and infrastructures. This book examines the major challenges that governments are likely to face in taking on their new role in transport.

Regulatory Governance in Infrastructure Industries

Bernardo Mueller
Regulatory Governance in Infrastructure Industries Book PDF

Author : Bernardo Mueller
Publisher : World Bank Publications
Page : 94 pages
File Size : 43,5 Mb
Release : 2006-01-01
Category : Business & Economics
ISBN : 9780821366103

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Regulatory Governance in Infrastructure Industries by Bernardo Mueller Pdf

"This paper assesses and measures regulatory governance in 21 infrastructure regulators in Brazil. Regulatory Governance is decomposed into four main attributes: autonomy; decision-rules; means and tools; and accountability. A ranking is proposed and the main areas for improvement identified. A comparison of the proposed regulatory governance index and other indexes internationally available is performed. Section 2 sets up the analytical framework for the report, identifying key components of regulatory governance, namely, autonomy (political and financial), procedures for decision-making, tools and means (including personnel), and accountability. Section 3 assesses each of these components in practice, reporting the results of a survey with 21 regulatory agencies in Brazil, which was designed and implemented in 2005. Section 4 measures regulatory governance based on three related indexes, ranks the Brazilian regulators among themselves, and compares the proposed indexes with other two indicators available in the literature. Section 5 presents the conclusions."

Regulation and Private Sector Investment in Infrastructure

Sheoli Pargal
Regulation and Private Sector Investment in Infrastructure Book PDF

Author : Sheoli Pargal
Publisher : Unknown
Page : 43 pages
File Size : 53,8 Mb
Release : 2016
Category : Electronic
ISBN : OCLC:1290704315

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Regulation and Private Sector Investment in Infrastructure by Sheoli Pargal Pdf

Pargal assesses the importance of the regulatory framework as a determinant of private sector investment in infrastructure. She uses recently compiled data on private and public sector investment in the water, power, telecommunications, railroads, and roads sectors between 1980 and 1998 in nine countries in Latin America. The author finds that the most significant institutional determinant of private investment volumes is the passage of legislation liberalizing the investment regime. This is important because it indicates that the legal basis for reform is probably more critical in determining the quality of the investment climate than specific aspects of the institutional framework governing private sector participation. In accordance with intuition, the author's results indicate that government action to increase regulatory certainty and minimize the perceived risk of expropriation through the establishment of independent regulatory bodies is a critical determinant of the volume of private investment flows. She also finds that the general relationship of private to public investment is one of substitutability.This paper - a product of the Policy Support Division, Corporate Secretariat - is part of a larger effort in the Bank to understand the role of institutions in development.

Institutional Reform, Regulation and Privatization

Rolf W. Künneke,Aad F. Correljé,John Groenewegen
Institutional Reform Regulation and Privatization Book PDF

Author : Rolf W. Künneke,Aad F. Correljé,John Groenewegen
Publisher : Edward Elgar Publishing
Page : 272 pages
File Size : 41,5 Mb
Release : 2005-01-01
Category : Business & Economics
ISBN : 1781958343

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Institutional Reform, Regulation and Privatization by Rolf W. Künneke,Aad F. Correljé,John Groenewegen Pdf

This book provides evolutionary and institutional perspectives on the reform of infrastructure industries, tracing the development of this process in a number of sectors and countries. The contributors contend that infrastructure based industries such as telecommunications, public transport, water management and energy have been increasingly exposed to the dynamism of the market since becoming privatized, and have therefore been stimulated into short-term efficiency and long-term innovation. Drawing on institutional economic theory backed up with case studies such as the California energy crisis, the Dutch gas industry, oil and electricity companies in Spain and the privatization of Schipol airport in Amsterdam the book focuses on process, driving forces, and actors' roles to explain how new balances are established between competing institutions. The degree to which the processes of institutional change are predictable and the effects of deliberate strategic interventions of governments or private actors are explored. Specific technical and sector aspects and their influence on institutional change in various infrastructures are also discussed.

Consumer Participation in Infrastructure Regulation

Elisa Muzzini
Consumer Participation in Infrastructure Regulation Book PDF

Author : Elisa Muzzini
Publisher : World Bank Publications
Page : 64 pages
File Size : 49,9 Mb
Release : 2005-01-01
Category : Reference
ISBN : 9780821363812

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Consumer Participation in Infrastructure Regulation by Elisa Muzzini Pdf

Consumer Participation in Infrastructure Regulation draws on results of a survey questionnaire conducted among 45 infrastructure regulators in the East Asia and Pacific (EAP) region. It finds that EAP regulators have successfully begun to involve consumers in the regulatory process: consumer representation is a well-established practice in the region; and regulators draw on standard mechanisms to inform consumers, resolve consumer complaints, and solicit consumer input. However, regulators must take further actions to firmly move up the ?ladder of consumer engagement,? from merely providing in.