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Interventions to fix market failures in infrastructure have often resulted in some form of governance failure and this …. Governance failures have different explanations – including populism, patronage, corruption or ownership shares in the private … sector. This paper offers a structured framework for identifying the given governance challenge and discusses the need for …
Persistent link: https://www.econbiz.de/10013075144
industrial and developing countries differently in some cases. The authors also find that governance plays an important role as …
Persistent link: https://www.econbiz.de/10012553652
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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/10011011585
infrastructure concessions increases when multidimensional auctions are used. Rather, good governance, particularly anticorruption …
Persistent link: https://www.econbiz.de/10005264561
industrial and developing countries differently in some cases. The authors also find that governance plays an important role as …
Persistent link: https://www.econbiz.de/10014059914
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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...
Persistent link: https://www.econbiz.de/10005827112