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"The author provides a preliminary benchmarking of infrastructure performance in Lesotho in four major sectors … infrastructure performance from over 200 countries. The results of the benchmarking are revealing of several major, comparative … deficiencies in infrastructure performance in Lesotho: (1) extremely low access to electricity and its affordability; (2) poor …
Persistent link: https://www.econbiz.de/10010522235
"Calderán and Serven provide an empirical evaluation of the impact of infrastructure development on economic growth and … include, among the regressors, infrastructure quantity and quality indicators, in addition to standard controls. To account … for the potential endogeneity of infrastructure (as well as that of other regressors), the authors use a variety of …
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Reforms to make infrastructure services more competitive and to provide strong and independent economic regulation of … natural monopolies create an environment more conducive to private sector participation in infrastructure investments …
Persistent link: https://www.econbiz.de/10010524309
"This paper focuses on problems and their causes and cures in policy and planning for large infrastructure projects …. First, it identifies as the main problem in major infrastructure development pervasive misinformation about the costs … paper presents measures for reforming policy and planning for large infrastructure projects, with a focus on better planning …
Persistent link: https://www.econbiz.de/10010522419
the decision to privatize transport, the perverse incentives introduced when privatization teams use strategic demand …
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