Big Challenges, Small States : Regulatory Options to Overcome Infrastructure Constraints

Small island economies face special challenges in providing affordable infrastructure services. Effective regulation can help, by encouraging providers to seek innovative solutions better suited for small and remote islands. But conventional regula...

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Bibliographic Details
Main Authors: Ehrhardt, David, Oliver, Chloƫ
Format: Brief
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2007/05/8339480/big-challenges-small-states-regulatory-options-overcome-infrastructure-constraints
http://hdl.handle.net/10986/10689
Description
Summary:Small island economies face special challenges in providing affordable infrastructure services. Effective regulation can help, by encouraging providers to seek innovative solutions better suited for small and remote islands. But conventional regulation may be out of reach for small islands, requiring more money, competence, and independence than they have. Low-discretion rules and light or regional regulatory bodies may be good alternatives.