Showing 1 - 10 of 20
tends to be limited. Competition is the single most important factor toward auction efficiency and anti-corruption. However …, and competition. With data on procurement auctions for electricity projects in developing countries, it is found that …
Persistent link: https://www.econbiz.de/10011394147
This report examines the potential use of auctions as a price discovery mechanism facilitating accelerated … addressed. The report concludes that coal power plant decommissioning is part of a multifaceted exercise in which auctions can … play an important supporting role. The auction process, including the development of requirements and material obligations …
Persistent link: https://www.econbiz.de/10013544911
The South Asia Payments and Securities Settlement Initiative (SAPI) objective is to describe and assess the payments and securities settlement systems of the countries of South Asia with a view to identifying possible improvement measures in their safety, efficiency and integrity. To assure...
Persistent link: https://www.econbiz.de/10012247478
This report covers the Western Hemisphere payments and securities settlement forum center for Latin American monetary studies and focuses on several issues. The first section covers economic and financial markets overview of Belarus. This section covers the financial sector, capital markets, and...
Persistent link: https://www.econbiz.de/10012558550
"Competition in public procurement auctions in the water supply and sanitation sector is largely limited. This is … partly because of high technical complexity and partly because of auction design flaws. The division of lot contracts is an … important policy choice for auctioneers to achieve efficiency. In general, there is a tradeoff between competition in auctions …
Persistent link: https://www.econbiz.de/10011394148
"Limited competition has been a serious concern in infrastructure procurement. Importantly, however, there are normally a number of potential bidders initially showing interest in proposed projects. This paper focuses on tackling the question why these initially interested bidders fade out. An...
Persistent link: https://www.econbiz.de/10011394149
"The authors study the effect of reorganization costs on the efficiency of bankruptcy laws. They develop a simple model that predicts that in a regime with high costs, the law fails to achieve the efficient outcome of liquidating unviable businesses and reorganizing viable ones. The authors test...
Persistent link: https://www.econbiz.de/10010522092
Persistent link: https://www.econbiz.de/10010526180
The legal and institutional framework governing creditor rights and insolvency proceedings in Chile reasonably complies … enjoying such instruments use ordinary proceedings whose duration is even longer (3 to 5 years). Insolvency legislation is …, however, is 2 to 3 years. The Insolvency Law also governs judicial reorganization proceedings but classification of creditors …
Persistent link: https://www.econbiz.de/10012559372