Infrastructure Performance And Reform In Developing And Transition Economies
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Infrastructure Performance And Reform In Developing And Transition Economies
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Author : Lourdes Trujillo
language : en
Publisher: World Bank Publications
Release Date : 2005
Infrastructure Performance And Reform In Developing And Transition Economies written by Lourdes Trujillo 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 2005 with categories.
"Estache, Perelman, and Trujillo review about 80 studies on electricity and gas, water and sanitation, and rail and ports (with a footnote on telecommunications) in developing countries. The main policy lesson is that there is a difference in the relevance of ownership for efficiency between utilities and transport in developing countries. In transport, private operators have tended to perform better than public operators. For utilities, ownership often does not matter as much as sometimes argued. Most cross-country studies find no statistically significant difference in efficiency scores between public and private providers. As for the country-specific studies, some do find differences in performance over time but these differences tend to matter much less than a large number of other variables. Across sectors, private operators functioning in a competitive environment or regulated under price caps or hybrid regulatory regimes tend to catch up best practice faster than public operators. There is a very strong case to push regulators in developing and transition economies toward a more systematic reliance on yardstick competition in a sector in which residual monopoly powers tend to be common. This paper--a product of the Office of the Vice President, Infrastructure Network--is part of a larger effort in the network to document the state of the sector"--World Bank web site.
Infrastructure Performance And Reform In Developing And Transition Economies
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Author : Antonio Estache
language : en
Publisher:
Release Date : 2012
Infrastructure Performance And Reform In Developing And Transition Economies written by Antonio Estache 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.
The authors review about 80 studies on electricity and gas, water and sanitation, and rail and ports (with a footnote on telecommunications) in developing countries. The main policy lesson is that there is a difference in the relevance of ownership for efficiency between utilities and transport in developing countries. In transport, private operators have tended to perform better than public operators. For utilities, ownership often does not matter as much as sometimes argued. Most cross-country studies find no statistically significant difference in efficiency scores between public and private providers. As for the country-specific studies, some do find differences in performance over time but these differences tend to matter much less than a large number of other variables. Across sectors, private operators functioning in a competitive environment or regulated under price caps or hybrid regulatory regimes tend to catch up best practice faster than public operators. There is a very strong case to push regulators in developing and transition economies toward a more systematic reliance on yardstick competition in a sector in which residual monopoly powers tend to be common.
A Primer On Efficiency Measurement For Utilities And Transport Regulators
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Author : Tim Coelli
language : en
Publisher: World Bank Publications
Release Date : 2003
A Primer On Efficiency Measurement For Utilities And Transport Regulators written by Tim Coelli 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 2003 with Business & Economics categories.
Annotation Options and guidelines for measuring the efficiency of recently privatized utilities (electricity, gas, water, sewerage, telecommunications, airports, ports, rail).
Physical Infrastructure Development
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Author : W. Ascher
language : en
Publisher: Springer
Release Date : 2010-05-24
Physical Infrastructure Development written by W. Ascher and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-05-24 with Business & Economics categories.
This book addresses the key challenges of balancing economic growth, poverty alleviation, and environmental protection in the development of major physical infrastructure, ranging from transport to energy.
Reforming Infrastructure
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Author : Ioannis Nicolaos Kessides
language : en
Publisher: World Bank Publications
Release Date :
Reforming Infrastructure written by Ioannis Nicolaos Kessides 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 Business & Economics categories.
Electricity, natural gas, telecommunications, railways, and water supply, are often vertically and horizontally integrated state monopolies. This results in weak services, especially in developing and transition economies, and for poor people. Common problems include low productivity, high costs, bad quality, insufficient revenue, and investment shortfalls. Many countries over the past two decades have restructured, privatized and regulated their infrastructure. This report identifies the challenges involved in this massive policy redirection. It also assesses the outcomes of these changes, as well as their distributional consequences for poor households and other disadvantaged groups. It recommends directions for future reforms and research to improve infrastructure performance, identifying pricing policies that strike a balance between economic efficiency and social equity, suggesting rules governing access to bottleneck infrastructure facilities, and proposing ways to increase poor people's access to these crucial services.
International Handbook Of Network Industries
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Author : Matthias Finger
language : en
Publisher: Edward Elgar Publishing
Release Date : 2011
International Handbook Of Network Industries written by Matthias Finger and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with Business & Economics categories.
'To learn about how economic and institutional forces have shaped the network industries and policies towards them, read the first part of the book. To discover their impacts on particular industries, read the second part. And to find out what has happened in particular countries, read the third part. I think anyone interested in network industries should read all of it! The book's structure allows for many interesting comparisons across countries and sectors.' Richard Green, University of Birmingham, UK 'This is a very useful and comprehensive guide to reforms in network industries in communications, energy, transport and water. It is organized by generic topic, sector and region. Its authors are acknowledged experts. I am confident that this Handbook will be a widely read and valuable resource for many years.' Martin Cave, London School of Economics, UK 'Quite an accomplishment, this Handbook provides by far the most comprehensive overview of the role of the private sector and competition in infrastructure industries, with thoughtful surveys of each of the major infrastructure sectors and of the key regions and countries.' José Gómez-Ibáñez, Harvard University, US In recent decades, all infrastructures have undergone significant restructuring. This worldwide phenomenon is often labelled 'liberalization' and although expectations were high with respect to lower prices, greater efficiency and innovation, the expected gains have not always been fully realized. This extensive, state-of-the-art Handbook provides a comprehensive overview of the various experiences of liberalization across different sectors, regions and disciplines. The multidisciplinary approach focuses on the economic, political and institutional aspects of liberalization as well as, to a lesser extent, on technological issues. As such, it constitutes a unique contribution, as this broad overview is often lost in the sector specific, country-focused and purely disciplinary approaches prevalent in the current literature. Sectors explored include telecoms, the Internet, energy and transport, whilst the truly global perspective incorporates unique case studies from an array of developed and developing countries including the US, China, India and the EU. The International Handbook of Network Industries will become the definitive volume for academics researchers and students of economics, political science and law interested in infrastructure regulation. It will also prove a valuable guide to practitioners and policy-makers involved in liberalization and competition.
Research Handbook On Privatisation
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Author : Graeme A. Hodge
language : en
Publisher: Edward Elgar Publishing
Release Date : 2025-06-09
Research Handbook On Privatisation written by Graeme A. Hodge and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2025-06-09 with Political Science categories.
Graeme A. Hodge, Carsten Greve and Eoin Reeves bring together expert authors to explore 50 years of research and analysis in the complex field of privatisation. The Research Handbook highlights current issues and challenges in privatisation through relevant contemporary examples, to further our understanding of this economic concept and how it is shaping global policies.
Connecting East Asia
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Author : Asian Development Bank
language : en
Publisher: World Bank Publications
Release Date : 2005
Connecting East Asia written by Asian Development 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 2005 with Business & Economics categories.
Much of East Asia continues to grow rapidly, driven to a considerable extent by China. Urbanization is proceeding at pace. Demand for infrastructure services is increasing massively, particularly in cities. Much of the demand comes from the newly urbanized poor. Infrastructure has to meet their needs, but has also to continue to provide the underpinnings for the regionOCOs growth. The complexity of responding to these demands is greater than ever, and the cost of getting things wrong very high. Poorly conceived infrastructure investments today would have a huge environmental, economic, and social impact OCo and be very costly to fix later. Neglecting the infrastructure needs of people remaining in poor parts of East Asia OCo particularly in rural areas, and in isolated countries of the region; and failing to include them in growth, would also be costly, in human and political terms. This study is about East Asia, and itOCOs about infrastructure. ItOCOs about poverty and growth, and itOCOs about transport, water, sanitation, power, and telecommunications OCo both the infrastructure, and the infrastructure services. Infrastructure is only one part of the development challenge, but its impacts are among the most important. Connecting East Asia looks at the role that infrastructure has played in supporting East AsiaOCOs growth and looks ahead at what the challenges are for the future, and how to approach them."
The Economics Of The Belt And Road Initiative
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Author : World Bank
language : en
Publisher: World Bank Publications
Release Date : 2019-06-15
The Economics Of The Belt And Road Initiative 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 2019-06-15 with Business & Economics categories.
China proposed the Belt and Road Initiative in 2013 to improve connectivity and cooperation on a transcontinental scale. This study, by a team of World Bank Group economists led by Michele Ruta, analyzes the economics of the initiative. It assesses the connectivity gaps between economies along the initiative’s corridors, examines the costs and economic effects of the infrastructure improvements proposed under the initiative, and identifies complementary policy reforms and institutions that will support welfare maximization and mitigation of risks for participating economies.
Revisiting Electricity Market Reforms
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Author : Han Phoumin
language : en
Publisher: Springer Nature
Release Date : 2022-09-19
Revisiting Electricity Market Reforms written by Han Phoumin and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-09-19 with Business & Economics categories.
This book combines the fundamentals of industrial organization theories based on microeconomic foundations, applied econometrics and environmental and natural resource economics in undertaking a comprehensive review of reforms of the power sector and its impact on industrial and socio-economic performance. The book provides the reader with the intellectual groundwork necessary for understanding the workings and interactions of today’s reforming power markets such as in the ASEAN and East Asia that are striving to achieve the energy policy trilemma of affordability, energy sustainability and energy security. The topics addressed in this book include application of welfare theorems such as competition in and for the market in the electricity sector, market failures such as lack of electricity access, analysis of forecasting models under volatility, energy resource allocation such as renewable energy and competitive market designs of energy markets. Country-specific and region-specific case studies are used to analyze the progress and outcomes of market-driven electricity reforms across the reforming and advanced electricity markets. Therefore, the book derives policy lessons and provides policy recommendations in reforming power markets for the ASEAN and East Asia taking stock of more than three decades of global experience with power sector reforms. The electricity markets case studies are carefully chosen and supported by extensive data analyses as appropriate. This book on energy economics and policy is highly recommended to readers who seek an in-depth and up-to-date integrated overview about the evolving literature and status on electricity market reforms with a particular reference to Asia.