Showing 1 - 10 of 25
The link between economic growth, and better provision of infrastructure services may be unproven, but it is clear that reforms to make infrastructure services more competitive (where possible), and to provide strong, and independent economic regulation of natural monopolies, do create an...
Persistent link: https://www.econbiz.de/10005079518
Forecasting has long been a challenge, and will remain so for the foreseeable future. But the analytical instruments and data processing capabilities available through the latest technology, and software, should allow much better forecasting than transport ministries, or regulatory agencies...
Persistent link: https://www.econbiz.de/10005079924
infrastructure decentralization; (5) what works and what does not when trying to target the needs of the poor, with an emphasis on …
Persistent link: https://www.econbiz.de/10005080077
Estache and Rossi estimate a stochastic costs frontier for a sample of Asian and Pacific water companies, comparing the performance of public and privatized companies based on detailed firm-specific information published by the Asian Development Bank in 1997. They find private operators of water...
Persistent link: https://www.econbiz.de/10005080101
Governments should increasingly be able to rely on the private sector for help supporting (and financing) the transport sector - especially infrastructure support services for which there is heavy demand - but first they must improve their regulatory tools and sort out the institutional mess...
Persistent link: https://www.econbiz.de/10005128600
Almost a decade after Argentina began privatizing its railways, resolution of conflicts between regulators, users, and operators continues to take longer, and to be more difficult, than expected. The authors contend that many of these conflicts arose because there are no rules for interactions...
Persistent link: https://www.econbiz.de/10005128686
The authors review the evidence on the state of infrastructure in the developing world, emphasizing the investment needs and the emerging policy issues. While their assessment is seriously constrained by data gaps, they provide useful insights on the main challenges ahead, emphasizing that, in...
Persistent link: https://www.econbiz.de/10005128913
Economists often characterize the regulation of monopolies as a"game"(between the regulator and the service provider) in which the two players do not share the same information. The regulator is assumed to have poorer information than the service provider about the scope of future efficiency...
Persistent link: https://www.econbiz.de/10005129119
The authors provide empirical evidence on the impact that private participation in infrastructure has had on key macroeconomic variables in a sample of 21 Latin American countries from 1985-98. Specifically, they look at the effects on GDP per capita, current public expenditures, public...
Persistent link: https://www.econbiz.de/10005133420
- decentralization is the most effective way to deliver service. Those services have been decentralized in many countries, and many … decentralization affected spending levels on infrastructure? The outcome reflects the net outcome of opposing effects. Spending … decentralization makes spending more of less efficient. Among the conclusions they offer the following. First, decentralization tends …
Persistent link: https://www.econbiz.de/10005133563