The Impact Of Private Sector Participation In Infrastructure
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The Impact Of Private Sector Participation In Infrastructure
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Author : Luis A. Andres
language : en
Publisher: World Bank Publications
Release Date : 2008-07-25
The Impact Of Private Sector Participation In Infrastructure written by Luis A. Andres 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 2008-07-25 with Business & Economics categories.
Infrastructure plays a key role in fostering growth and productivity and has been linked to improved earnings, health, and education levels for the poor. Yet Latin America and the Caribbean are currently faced with a dangerous combination of relatively low public and private infrastructure investment. Those investment levels must increase, and it can be done. If Latin American and Caribbean governments are to increase infrastructure investment in politically feasible ways, it is critical that they learn from experience and have an accurate idea of future impacts. This book contributes to this aim by producing what is arguably the most comprehensive privatization impact analysis in the region to date, drawing on an extremely comprehensive dataset.
Private Participation In Infrastructure In Developing Countries
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Author : Clive Harris
language : en
Publisher: World Bank Publications
Release Date : 2003
Private Participation In Infrastructure In Developing Countries written by Clive Harris 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.
"Many of the problems are related to difficulties in sustaining cost-covering user fees for these sectors. This study aims to distill the experience over the last 15 years. The main factors in the growth and subsequent decline are examined. The report assesses the impact that the private provision of infrastructure has had on service delivery and analyzes the consequences for other important goals. Main policy lessons are provided for governments that seek to ensure that the supply of infrastructure services does not become a bottleneck to growth."--BOOK JACKET.
Macroeconomic Effects Of Private Sector Participation In Latin America S Infrastructure
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Author : Lourdes Trujillo
language : en
Publisher: World Bank Publications
Release Date :
Macroeconomic Effects Of Private Sector Participation In Latin America S Infrastructure 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 with categories.
Abstract: Trujillo, Martín, Estache, and Campos provide empirical evidence on the impact that private participation in infrastructure has had on key macroeconomic variables in a sample of 21 Latin American countries from 1985-98. Specifically, they look at the effects on GDP per capita, current public expenditures, public investment, and private investment, controlling for country effects and institutional factors. The authors also investigate the relevance of the specific contractual form of private participation contracts on these variables and show differentiated effects according to contract types. The results suggest that: Private sector involvement in utilities and transport have some, but not impressive, positive effects on GDP per capita; There is some degree of crowding-out of private investment resulting from greenfield projects in utilities, and delayed crowding-in from concessions in transport. There is crowding-in of public investment by private participation in utilities, while there is crowding-out by increased private investment in transport; Private participation in utilities decreases recurrent expenditures, while in transport it results in an increase. The net effect on the public sector account is uncertain, but this uncertainty is a major risk. The revelation of this risk may be the main contribution of this paper since it is inconsistent with the fiscal gains expected by many policymakers as they engage in infrastructure privatization programs. This paper"a product of the Governance, Regulation, and Finance Division, World Bank Institute, and Finance, Private Sector, and Infrastructure Unit, Latin America and the Caribbean Region"is part of a larger effort in the Bank to increase understanding of infrastructure regulation.
Newspaper Clippings About The War Reparations Committee
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Author :
language : en
Publisher:
Release Date : 1929
Newspaper Clippings About The War Reparations Committee written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1929 with categories.
Clippings sent to the Morgan library by clippings services after World War I on topics related to the activities of the War Reparations Committee.
Macroeconomic Effects Of Private Sector Participation In Latin America S Infrastructure
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Author : Lourdes Trujillo
language : en
Publisher: World Bank Publications
Release Date : 2002
Macroeconomic Effects Of Private Sector Participation In Latin America S Infrastructure 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 2002 with Infrastructure (Economics) categories.
Abstract: Trujillo, Martín, Estache, and Campos provide empirical evidence on the impact that private participation in infrastructure has had on key macroeconomic variables in a sample of 21 Latin American countries from 1985-98. Specifically, they look at the effects on GDP per capita, current public expenditures, public investment, and private investment, controlling for country effects and institutional factors. The authors also investigate the relevance of the specific contractual form of private participation contracts on these variables and show differentiated effects according to contract types. The results suggest that: Private sector involvement in utilities and transport have some, but not impressive, positive effects on GDP per capita; There is some degree of crowding-out of private investment resulting from greenfield projects in utilities, and delayed crowding-in from concessions in transport. There is crowding-in of public investment by private participation in utilities, while there is crowding-out by increased private investment in transport; Private participation in utilities decreases recurrent expenditures, while in transport it results in an increase. The net effect on the public sector account is uncertain, but this uncertainty is a major risk. The revelation of this risk may be the main contribution of this paper since it is inconsistent with the fiscal gains expected by many policymakers as they engage in infrastructure privatization programs. This paper"a product of the Governance, Regulation, and Finance Division, World Bank Institute, and Finance, Private Sector, and Infrastructure Unit, Latin America and the Caribbean Region"is part of a larger effort in the Bank to increase understanding of infrastructure regulation.
Strategic Communication For Privatization Public Private Partnerships And Private Participation In Infrastructure Projects
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Author : Daniele Calabrese
language : en
Publisher: World Bank Publications
Release Date : 2008-01-01
Strategic Communication For Privatization Public Private Partnerships And Private Participation In Infrastructure Projects written by Daniele Calabrese 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 2008-01-01 with Business & Economics categories.
Strategic Communication for Privatization, Public-Private Partnerships, and Private Participation in Infrastructure reviews the experiences of the World Bank and its clients in employing public communication programs during the processes of privatization and private sector participation. Drawing from academic and policy research as well as from case studies, it highlights good practices and identifies lessons learned through an examination of success and failures. This book recommends principles of strategic communication and offers a methodology for researching and analyzing the communication issues associated with privatization and private sector participation. It includes an operational approach to design and implementation of public communication programs for the various forms of privatization and public-private initiatives. This publication is the eighth in a series of Working Papers sponsored by the Development Communication Division (DevComm) of the World Bank's External Affairs Vice-Presidency. This series is designed to share innovations and lessons learned in the application of strategic communication in development projects. Together with other donors, NGOs, and private sector partners, DevComm seeks to mainstream the discipline of development communication in development practice.
Privatization Policy Choice
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Author : George Mumbo
language : en
Publisher: LAP Lambert Academic Publishing
Release Date : 2013
Privatization Policy Choice written by George Mumbo and has been published by LAP Lambert Academic Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with categories.
In the past, some insightful appraisal of public policy in line with the primary infrastructure sectors globally, has agitated the quest for desired reform and expectations in Africa as a continent. In conformity, great inroads have been made in the telecommunication sector, which raises the issue of a gap between the suitability of prescribed policy and the country's specific institutional frameworks. Africa's diverse experience and the exceptional socioeconomic circumstance is such that policy preconditions that are imperative for successful liberalization and privatization are hardly met. Therefore, this study evaluates privatization policy choice by appraising the private sector investment participation in infrastructure in sub-Saharan Africa in view of the fact that there is reliable knowledge around the world from which lessons can be drawn from. Infrastructure privatization is essentially a basic means to an end, and not ideally an end in itself, given its main objective is to perpetuate an efficient sector that delivers quality service. These can be achieved in the background of a suitable market mechanism that is well structured with a properly defined regulatory system.
Macroeconomics Effects Of Private Sector Participation In Latin America S Infrastructure
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Author : Javier Campos
language : en
Publisher:
Release Date : 2002
Macroeconomics Effects Of Private Sector Participation In Latin America S Infrastructure written by Javier Campos and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with categories.
The authors provide empirical evidence on the impact that private participation in infrastructure has had on key macroeconomic variables in a sample of 21 Latin American countries from 1985-98. Specifically, they look at the effects on GDP per capita, current public expenditures, public investment, and private investment, controlling for country effects and institutional factors. The authors also investigate the relevance of the specific contractual form of private participation contracts on these variables and show differentiated effects according to contract types. The results suggest that: 1) Private sector involvement in utilities and transport have some, but not impressive, positive effects on GDP per capita. 2) There is some degree of crowding-out of private investment resulting from greenfield projects in utilities, and delayed crowding-in from concessions in transport. 3) There is crowding-in of public investment by private participation in utilities, while there is crowding-out by increased private investment in transport. 4) Private participation in utilities decreases recurrent expenditures, while in transport it results in an increase. The net effect on the public sector account is uncertain, but this uncertainty is a major risk. The revelation of this risk may be the main contribution of this paper since it is inconsistent with the fiscal gains expected by many policymakers as they engage in infrastructure privatization programs.
Public Private Partnerships For Infrastructure Development
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Author : Suliman Al Khliwi & Mohammad Fahad Aijaz
language : en
Publisher: Suliman Al Khliwi & Mohammad Fahad Aijaz
Release Date :
Public Private Partnerships For Infrastructure Development written by Suliman Al Khliwi & Mohammad Fahad Aijaz and has been published by Suliman Al Khliwi & Mohammad Fahad Aijaz this book supported file pdf, txt, epub, kindle and other format this book has been release on with Business & Economics categories.
Infrastructure development has always been one of the fundamental measures of a country’s progress and development. In the past, infrastructure development was mostly implemented by public sector using its own resources and acting as the main financier and owner of such infrastructure projects to meet the needs of growing economies. As the population of the world kept increasing at enormous rates and due to competitive landscape between global economies, the need for infrastructure development kept pacing up exponentially. As countries tend to have limited financial resources when it comes to cover all the needs, generally the countries tends to focus on certain sectors of economy to be owned and developed by the public sector where as private sector participation becomes a necessity in other sectors of economies that needs financing over the limited public resources. To resolve the financial constraints faced by public sector in developing infrastructure, more and more countries are moving towards private sector participation to have such projects financed and implemented through Public-Private Partnerships (PPPs). PPPs, if structured and delivered in the most optimal manner, are known to also result in increased quality of service delivery and a lower NPV of costs associated with such infrastructure project when compared to public sector implementation. PPPs are complexed structured and comes in many forms. This book covers different form of private public partnerships and relevant pros and cons of each such form. Towards the end, the book focuses on project finance structure which is usually structured as build-own-operate and/or transfer basis and is required for large scale infrastructure projects and the author’s core experience is delivery of infrastructure on these type of PPP structure. There are several PPP guides available in the market, however, we, have tried our best in this book to summarize the learnings from our experiences. This book can be considered the first book to be written on PPPs focusing on the Kingdom of Saudi Arabia commercial requirements and risk allocation framework and incorporates knowledge of the wider GCC region. Lessons learned to make a PPP project successful are provided towards end of the book.
Principles Of Public And Private Infrastructure Delivery
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Author : John B. Miller
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-06-29
Principles Of Public And Private Infrastructure Delivery written by John B. Miller and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-06-29 with Technology & Engineering categories.
Essential to anyone involved in the planning, design, construction, operation, or finance of infrastructure assets, this innovative work puts project delivery, finance, and operation together in a practical new formulation of how public and private owners can better manage their entire collection of infrastructure facilities.