Item Details

Privatization and Regulation of Transport Infrastructure [electronic resource]: Guidelines for Policymakers and Regulators

Estache, Antonio; Rus, Gines de
Format
EBook; Book; Online
Published
Washington : World Bank Publications June 2000
Language
English
Series
WBI Development Studies
ISBN
9780821347218, 0821347217 (Trade Paper)
Target Audience
Scholarly & Professional
Summary
Annotation
Description
Mode of access: World wide Web.
Logo for Copyright Not EvaluatedCopyright Not Evaluated
Technical Details
  • Access in Virgo Classic

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    a| Annotation b| The 1990s saw a dramatic increase in the liberalization of transport policies and a strengthening of the role of private operators and investors in transport infrastructure worldwide. This increased private sector participation has often reflected changing ideologies about the role of the state and dissatisfaction with publicly provided services. In general, the main driving force behind seeking private sector financing has been the pressure imposed on governments by lasting fiscal crises. This change in sources of finance is also providing an opportunity to restructure the sector in an attempt to improve its efficiency and sustain these improvements.Most reforming countries are creating new regulatory agencies or units to implement economic regulation. As they do so, the governments encounter more challenges than anticipated. A major obstacle is the lack of technical skills among the civil servants who staff the regulatory agencies. This volume aims to develop these regulatory skills. It takes stock of what practitioners and academics know about the major challenges that governments are likely to face in taking on their new role in the transport sector.This book has two parts. The first provides an overview of economic theories on economic regulation and introduces potential regulators to some of the key underlying concepts. The second part covers four subsectors: airports, ports, railways, and roads. Each chapter can stand apart from the rest of the book and be read on its own; but to facilitate comparisons across subsectors, they all follow the same structure.
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    a| Transportation
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    a| Transportation and State
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    a| Transportation x| General
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