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This paper shows empirically that "privatization" in the energy, telecommunications, and water sectors, and the introduction of independent regulators in those sectors, have not always had the expected effects on access, affordability, or quality of services. It also shows that corruption leads...
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Public infrastructure has long been faced with difficulty in financing. Available public resources are often limited in many countries. Competitive bidding in public procurement systems is an important instrument to contain the public investment costs. But competition is often limited in the...
Persistent link: https://www.econbiz.de/10009023441
In Africa, the main objective of the port sector is to improve trade competitiveness and to reduce government expenditures. Nevertheless, the reform process in African ports is complex due to some factors, which adversely influence their ability to further develop and affect port efficiency....
Persistent link: https://www.econbiz.de/10011042858
Public-Private Partnerships (PPPs) have proved to be more than adequate as a means to develop transport infrastructure, especially in the case of large-scale infrastructure such as ports. However, under certain specific circumstances they can lead to certain failures, and so huge public losses....
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