Alternatives To Infrastructure Privatization Revisited

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Alternatives To Infrastructure Privatization Revisited

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Author : Jose A. Gomez-Ibanez
language : en
Publisher: World Bank Publications
Release Date :

Alternatives To Infrastructure Privatization Revisited written by Jose A. Gomez-Ibanez and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.

Alternatives To Infrastructure Privatization Revisited

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Author : Jos?? A. G??mez-Ib????ez
language : en
Publisher:
Release Date : 2012

Alternatives To Infrastructure Privatization Revisited written by Jos?? A. G??mez-Ib????ez and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with categories.

Frustration with the performance of State-owned enterprises (SOEs) has led to two rounds of reform: the first round, from the 1960s through the 1980s, attempted to improve SOE performance while maintaining public ownership while the second, beginning in the late 1980s, viewed privatization as the answer. Interest in the earlier round of reform has increased recently as controversy has slowed or halted privatization in many countries, especially for SOEs providing infrastructure services that are basic to everyday life and are thought to have elements of monopoly. This paper reexamines the earlier round of reforms, focusing particularly on efforts to increase the firms' capacity with infusions of human and physical capital, to strengthen managerial incentives through performance contracts and corporatization and to alter the mix of political and economic forces that impinge on the firm by strengthening the involvement of taxpayers, customers or private investors. The review suggests that these earlier approaches generated only modest success but that some of them, selectively applied, may be helpful in improving the performance of infrastructure firms that remain in public hands.

Reinventing State Capitalism

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Author : Aldo Musacchio
language : en
Publisher: Harvard University Press
Release Date : 2014-04-22

Reinventing State Capitalism written by Aldo Musacchio and has been published by Harvard University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-04-22 with Business & Economics categories.

Focusing on a quantitative assessment of Brazil’s economic performance 1976–2009, Aldo Musacchio and Sergio Lazzarini analyze the rise of new species of state capitalism in which governments interact with private investors either as majority or minority shareholders in publicly-traded corporations or as financial backers of purely private firms.

Infrastructure Governance And Corruption Where Next

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Author : Charles Kenny
language : en
Publisher: World Bank Publications
Release Date :

Infrastructure Governance And Corruption Where Next written by Charles Kenny and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.

Abstract: Governance is central to development outcomes in infrastructure, not least because corruption (a symptom of failed governance) can have significantly negative impact on returns to infrastructure investment. This conclusion holds whether infrastructure is in private or public hands. This paper looks at what has been learned about the role of governance in infrastructure, provides some recent examples of reform efforts and project approaches, and suggests an agenda for greater engagement - primarily at the sector level - to improve governance and reduce the development impact of corruption. The discussion covers market structure, regulation, state-owned enterprise reform, planning and budgeting, and project design.

The Cambridge Handbook Of Privatization

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Author : Avihay Dorfman
language : en
Publisher:
Release Date : 2021-09-16

The Cambridge Handbook Of Privatization written by Avihay Dorfman and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-09-16 with Business & Economics categories.

This volume explores the questions of what makes some goods and services fundamentally public and why.

Current Debates On Infrastructure Policy

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Author : Antonio Estache
language : en
Publisher: World Bank Publications
Release Date : 2009

Current Debates On Infrastructure Policy written by Antonio Estache and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with categories.

Globalization And Growth

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Author : Michael Spence
language : en
Publisher: World Bank Publications
Release Date : 2010-04-02

Globalization And Growth written by Michael Spence and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-04-02 with Business & Economics categories.

The volume provides a comprehensive overview of the financial and economic crises of 2008-2009 and the economic and financial policy implications for growth in developing countries.

Rethinking Infrastructure For Development

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Author : François Bourguignon
language : en
Publisher: World Bank Publications
Release Date : 2008

Rethinking Infrastructure For Development written by François Bourguignon and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Business & Economics categories.

This book provides profiles of over 50 countries with 54 development indicators about people, environment, economy, technology, infrastructure, trade and finance, all in one handy, pocketsized volume. A must have for anyone interested in today's development challenges in subSaharan Africa.

Africa S Infrastructure

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Author : World Bank
language : en
Publisher: World Bank Publications
Release Date : 2009-12-01

Africa S Infrastructure written by World Bank and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-12-01 with Business & Economics categories.

Sustainable infrastructure development is vital for Africa s prosperity. And now is the time to begin the transformation. This volume is the culmination of an unprecedented effort to document, analyze, and interpret the full extent of the challenge in developing Sub-Saharan Africa s infrastructure sectors. As a result, it represents the most comprehensive reference currently available on infrastructure in the region. The book covers the five main economic infrastructure sectors information and communication technology, irrigation, power, transport, and water and sanitation. 'Africa s Infrastructure: A Time for Transformation' reflects the collaboration of a wide array of African regional institutions and development partners under the auspices of the Infrastructure Consortium for Africa. It presents the findings of the Africa Infrastructure Country Diagnostic (AICD), a project launched following a commitment in 2005 by the international community (after the G8 summit at Gleneagles, Scotland) to scale up financial support for infrastructure development in Africa. The lack of reliable information in this area made it difficult to evaluate the success of past interventions, prioritize current allocations, and provide benchmarks for measuring future progress, hence the need for the AICD. Africa s infrastructure sectors lag well behind those of the rest of the world, and the gap is widening. Some of the main policy-relevant findings highlighted in the book include the following: infrastructure in the region is exceptionally expensive, with tariffs being many times higher than those found elsewhere. Inadequate and expensive infrastructure is retarding growth by 2 percentage points each year. Solving the problem will cost over US$90 billion per year, which is more than twice what is being spent in Africa today. However, money alone is not the answer. Prudent policies, wise management, and sound maintenance can improve efficiency, thereby stretching the infrastructure dollar. There is the potential to recover an additional US$17 billion a year from within the existing infrastructure resource envelope simply by improving efficiency. For example, improved revenue collection and utility management could generate US$3.3 billion per year. Regional power trade could reduce annual costs by US$2 billion. And deregulating the trucking industry could reduce freight costs by one-half. So, raising more funds without also tackling inefficiencies would be like pouring water into a leaking bucket. Finally, the power sector and fragile states represent particular challenges. Even if every efficiency in every infrastructure sector could be captured, a substantial funding gap of $31 billion a year would remain. Nevertheless, the African people and economies cannot wait any longer. Now is the time to begin the transformation to sustainable development.

World Bank Research Program

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Author : World Bank
language : en
Publisher:
Release Date : 2008

World Bank Research Program written by World Bank and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Economic assistance categories.