Regulation And Private Sector Investment In Infrastructure

Author : Sheoli Pargal
Publisher : World Bank Publications
Page : 48 pages
File Size : 46,7 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.

Author : Sheoli Pargal
Publisher : Unknown
Page : 43 pages
File Size : 42,8 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.

Author : Jeffrey Delmon
Publisher : Kluwer Law International B.V.
Page : 870 pages
File Size : 53,7 Mb
Release : 2015-10-28
Category : Law
ISBN : 9789041162755

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Private Sector Investment in Infrastructure by Jeffrey Delmon Pdf

Investment in infrastructure is critical to economic growth, quality of life, poverty reduction, access to education, good quality healthcare, and achieving many of the goals of a robust and dynamic economy. However, infrastructure is difficult for the public sector to get right. This remarkably insightful and enormously useful book, now in its third edition, shows how the private sector (through public–private partnerships – PPP) can provide more efficient procurement through cheaper, faster, and better quality; refocus infrastructure services on consumer satisfaction and life cycle maintenance; place the financial burden of providing infrastructure on consumers rather than taxpayers; and provide new sources of investment, in particular through limited recourse debt (i.e., project financing). Taking the particular challenges associated with PPP fully into account. this book provides a practical guide to PPP in all the following ways and more: - how governments can enable and encourage PPP; - how PPP financing works; - what PPP contractual structures look like; and - most importantly, how PPP risk allocation works in practice. Specific discussion of each infrastructure sector is provided. Lawyers and business people, civil engineers, economic development officials and specialists, banking and insurance professionals, and academics will all find the ground well covered in this book, as well as new ground broken.

Author : World Bank Group. Finance, Private Sector, and Infrastructure Network
Publisher : Unknown
Page : 144 pages
File Size : 45,8 Mb
Release : 1997
Category : Juvenile Nonfiction
ISBN : UCSD:31822025651621

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The Private Sector in Infrastructure by World Bank Group. Finance, Private Sector, and Infrastructure Network Pdf

"Private particpation in infrastructure has moved to the top of the political, economic, and social agendas of a growing number of countries. The focus of the debate is beginning to shift from the why to the how, fueling the demand for lessons on best practice in reform strategies, regulatory frameworks, institutional arrangements, and risk mitigation. This collection of policy briefs on private participation in infrastructure responds to this demand. Drawing on a wide range of experience in different countries and sectors, these briefs seek to broaden understanding on risk allocation, institutional arrangements, choice of regulatory rules, and the scope for competition in infrastructure provision" -- Preface.

Author : OECD
Publisher : OECD Publishing
Page : 32 pages
File Size : 41,9 Mb
Release : 2007-07-03
Category : Electronic
ISBN : 9789264034105

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OECD Principles for Private Sector Participation in Infrastructure by OECD Pdf

The OECD Principles for Private Sector Participation in Infrastructure aim to help governments work with private-sector partners to finance and bring to fruition infrastructure projects in areas of vital economic importance, such as transport, water ...

Author : Anonim
Publisher : Unknown
Page : 136 pages
File Size : 44,7 Mb
Release : 2000
Category : Business & Economics
ISBN : UOM:39015042569676

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Developing Best Practices for Promoting Private Sector Investment in Infrastructure: Power by Anonim Pdf

This five-volume set presents the findings of the ADB regional technical assistance study which developed sector-specific best practices for promoting private sector participation in key infrastructure sectors in ADB's DMCs. The best practices cover the role of government, institutional reform, strategic planning, legal and regulatory frameworks, unbundling and competition, contractual arrangements, sources of financing, and allocation of risk. Each volume is divided into two parts..

Author : Anonim
Publisher : Unknown
Page : 196 pages
File Size : 53,5 Mb
Release : 2000
Category : Business & Economics
ISBN : UOM:39015042569650

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Developing Best Practices for Promoting Private Sector Investment in Infrastructure: Water Supply by Anonim Pdf

This five-volume set presents the findings of the ADB regional technical assistance study which developed sector-specific best practices for promoting private sector participation in key infrastructure sectors in ADB's DMCs. The best practices cover the role of government, institutional reform, strategic planning, legal and regulatory frameworks, unbundling and competition, contractual arrangements, sources of financing, and allocation of risk. Each volume is divided into two parts..

Author : Clive Harris
Publisher : World Bank Publications
Page : 60 pages
File Size : 41,9 Mb
Release : 2003
Category : Developing countries
ISBN : 0821355120

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Private Participation in Infrastructure in Developing Countries by Clive Harris Pdf

Governments have long recognized the vital role that modern infrastructure services play in economic growth and poverty alleviation. For much of the post-Second World War period, most governments entrusted delivery of these services to state-owned monopolies. But in many developing countries, the results were disappointing. Public sector monopolies were plagued by inefficiency. Many were strapped for resources because governments succumbed to populist pressures to hold prices below costs. Fiscal pressures, and the success of the pioneers of the privatization of infrastructure services, provided governments with a new paradigm. Many governments sought to involve the private sector in the provision and financing of infrastructure services. The shift to the private provision that occurred during the 1990s was much more rapid and widespread than had been anticipated at the start of the decade. By 2001, developing countries had seen over $755 billion of investment flows in nearly 2500 infrastructure projects. However, these flows peaked in 1997, and have fallen more or less steadily ever since. These declines have been accompanied by high profile cancellations or renegotiations of some projects, a reduction in investor appetite for these activities and, in some parts of the world, a shift in public opinion against the private provision of infrastructure services. The current sense of disillusionment stands in stark contrast to what should in retrospect be surprise at the spectacular growth of private infrastructure during the 1990s.

Author : Antonio Estache,Ginés de Rus
Publisher : World Bank Publications
Page : 324 pages
File Size : 42,7 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.

Author : Asian Development Bank
Publisher : Unknown
Page : 266 pages
File Size : 44,8 Mb
Release : 2000
Category : Air traffic control
ISBN : UCSD:31822031115785

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Developing Best Practices for Promoting Private Sector Investment in Infrastructure: Roads by Asian Development Bank Pdf

This five-volume set presents the findings of the ADB regional technical assistance study which developed sector-specific best practices for promoting private sector participation in key infrastructure sectors in ADB's DMCs. The best practices cover the role of government, institutional reform, strategic planning, legal and regulatory frameworks, unbundling and competition, contractual arrangements, sources of financing, and allocation of risk. Each volume is divided into two parts..

Author : Delmon
Publisher : Kluwer Law International
Page : 128 pages
File Size : 48,9 Mb
Release : 2024-06-26
Category : Electronic
ISBN : 9041128743

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Private Sector Investment in Infrastructure by Delmon Pdf

Author : Jeffrey Delmon
Publisher : World Bank Publications
Page : 0 pages
File Size : 43,5 Mb
Release : 2009
Category : Political Science
ISBN : 0821377868

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Private Sector Investment in Infrastructure by Jeffrey Delmon Pdf

This book provides a practical guide to public-private participation (PPP), how governments can enable and encourage PPP, step by step analysis of the development of PPP projects, how PPP financing works, what PPP contractual structures look like and most importantly how PPP risk allocation works in practice, including specific discussion of each infrastructure sector. It will be of interest to policy makers and strategists.

Author : Clive Harris
Publisher : World Bank Publications
Page : 64 pages
File Size : 49,5 Mb
Release : 2003
Category : Developing countries
ISBN : UCSD:31822033111485

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Private Participation in Infrastructure in Developing Countries by Clive Harris Pdf

"Many of the problems are related to difficulties in sustaining cost-covering user fees for these sectors. This study aims to distill the experience over the last 15 years. The main factors in the growth and subsequent decline are examined. The report assesses the impact that the private provision of infrastructure has had on service delivery and analyzes the consequences for other important goals. Main policy lessons are provided for governments that seek to ensure that the supply of infrastructure services does not become a bottleneck to growth."--BOOK JACKET.

Author : Henry A. Davis
Publisher : Euromoney Books
Page : 668 pages
File Size : 45,9 Mb
Release : 2008
Category : Business & Economics
ISBN : 1843742829

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Infrastructure Finance by Henry A. Davis Pdf

"Gives a broad view of trends and techniques in infrastructure financing around the world today. The title considers a wide range of projets including transport, water systems, power and toll road privatisation. Themes include the rising need for infrastructure investment, the quality of country infrastructure, government budget limitations and benefits and risks of investment." - publisher's website.

Author : Darryl S. L. Jarvis,Xun Wu
Publisher : World Scientific
Page : 622 pages
File Size : 44,5 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.