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...
Main Authors: | , |
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Format: | Brief |
Language: | English |
Published: |
World Bank, Washington, DC
2012
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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 |
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. |
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