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Regulating infrastructure utilities can be extremely complex and fraught with risks of political interference and capture by interest groups, especially in countries with little tradition of politically independent government agencies. To deal with these challenges, policymakers and regulators...
Persistent link: https://www.econbiz.de/10012556367
"Infrastructure projects are often technically complicated and highly customized. Therefore, procurement competition … tends to be limited. Competition is the single most important factor toward auction efficiency and anti-corruption. However …, the degree of competition realized is closely related to bidders' entry decision and the auctioneer's decision on how to …
Persistent link: https://www.econbiz.de/10011394147
"Competition in public procurement auctions in the water supply and sanitation sector is largely limited. This is … important policy choice for auctioneers to achieve efficiency. In general, there is a tradeoff between competition in auctions … competition. Using data on public procurement auctions for water and sewage projects in developing countries, this paper shows …
Persistent link: https://www.econbiz.de/10011394148
"Limited competition has been a serious concern in infrastructure procurement. Importantly, however, there are normally … development projects in developing countries and examines why competition ends up restricted. It shows that bidders are self …-selective and auctioneers also tend to limit participation depending on the size of contracts. Therefore, limited competition would …
Persistent link: https://www.econbiz.de/10011394149
This report examines the potential use of auctions as a price discovery mechanism facilitating accelerated decommissioning of the global coal fleet. Despite widespread recognition of coal power's significant negative impact on climate and health as well as the urgency of acting in response to...
Persistent link: https://www.econbiz.de/10013544911
Persistent link: https://www.econbiz.de/10011393989
Persistent link: https://www.econbiz.de/10011394045
"This paper documents the prevalence of in-house generation of electric power by firms in Sub-Saharan Africa and attempts to identify the underlying causes. The analysis is based on two data sources. The UDI World Electric Power Plants Data Base (WEPP), a global inventory of electric power...
Persistent link: https://www.econbiz.de/10011394207
"Given the relatively small segment of the population that faces genuine affordability problems in Latin America, there appears to be a promising case for using targeted subsidies to reconcile the cost recovery objective with social protection concerns. Social tariff schemes of various kinds are...
Persistent link: https://www.econbiz.de/10010522119