Concessions - The Way to Privatize Infrastructure Sector Monopolies
Under concession arrangements, the state delegates to the private sector the right to provide a service, yet retains some control over the sector by incorporating in a concession contract or license the terms and conditions that will govern the inf...
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/1995/10/697000/concessions-way-privatize-infrastructure-sector-monopolies http://hdl.handle.net/10986/11648 |
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okr-10986-116482021-06-14T11:04:34Z Concessions - The Way to Privatize Infrastructure Sector Monopolies Guislain, Pierre Kerf, Michel AFFERMAGE ANTITRUST ANTITRUST LEGISLATION ASSETS AUTHORITY BID BOOS BOT COMMITMENT COMPENSATION COMPETITIVE BIDDING CONCESSION CONCESSIONS CONSTITUTION DIVESTITURE ECONOMIC REGULATION EXPENDITURES GOVERNMENT GUARANTEES LEASE LEGAL FRAMEWORK MONOPOLIES MONOPOLY MUNICIPALITY NONCOMPLIANCE PRESIDENCY PRIVATE OWNERSHIP PUBLIC SERVICE REGULATOR REGULATORY BODIES REGULATORY FRAMEWORK REGULATORY MECHANISM REHABILITATION SHAREHOLDERS STATE ENTERPRISE TAX LAWS TRADEOFFS CONCESSIONS DENATIONALIZATION PRIVATE SECTOR GOVERNMENT OWNERSHIP INFRASTRUCTURE MONOPOLIES CONTRACTS REGULATIONS Under concession arrangements, the state delegates to the private sector the right to provide a service, yet retains some control over the sector by incorporating in a concession contract or license the terms and conditions that will govern the infrastructure project or company. This approach is well suited for privatizing sectors with monopolistic characteristics. This Note outlines the concession-type approach and some of its operational implications. Designing a concession that strikes the balance among the interests of the investors, the consumers, and the public authorities and that fits the conditions of both the sector and the country requires a clear identification of the objectives and tradeoffs. Each concession is likely to be a special case requiring special attention and unique features. 2012-08-13T15:37:43Z 2012-08-13T15:37:43Z 1995-10 http://documents.worldbank.org/curated/en/1995/10/697000/concessions-way-privatize-infrastructure-sector-monopolies http://hdl.handle.net/10986/11648 English Viewpoint: Public Policy for the Private Sector; Note No. 59 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Viewpoint Publications & Research |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
AFFERMAGE ANTITRUST ANTITRUST LEGISLATION ASSETS AUTHORITY BID BOOS BOT COMMITMENT COMPENSATION COMPETITIVE BIDDING CONCESSION CONCESSIONS CONSTITUTION DIVESTITURE ECONOMIC REGULATION EXPENDITURES GOVERNMENT GUARANTEES LEASE LEGAL FRAMEWORK MONOPOLIES MONOPOLY MUNICIPALITY NONCOMPLIANCE PRESIDENCY PRIVATE OWNERSHIP PUBLIC SERVICE REGULATOR REGULATORY BODIES REGULATORY FRAMEWORK REGULATORY MECHANISM REHABILITATION SHAREHOLDERS STATE ENTERPRISE TAX LAWS TRADEOFFS CONCESSIONS DENATIONALIZATION PRIVATE SECTOR GOVERNMENT OWNERSHIP INFRASTRUCTURE MONOPOLIES CONTRACTS REGULATIONS |
| spellingShingle |
AFFERMAGE ANTITRUST ANTITRUST LEGISLATION ASSETS AUTHORITY BID BOOS BOT COMMITMENT COMPENSATION COMPETITIVE BIDDING CONCESSION CONCESSIONS CONSTITUTION DIVESTITURE ECONOMIC REGULATION EXPENDITURES GOVERNMENT GUARANTEES LEASE LEGAL FRAMEWORK MONOPOLIES MONOPOLY MUNICIPALITY NONCOMPLIANCE PRESIDENCY PRIVATE OWNERSHIP PUBLIC SERVICE REGULATOR REGULATORY BODIES REGULATORY FRAMEWORK REGULATORY MECHANISM REHABILITATION SHAREHOLDERS STATE ENTERPRISE TAX LAWS TRADEOFFS CONCESSIONS DENATIONALIZATION PRIVATE SECTOR GOVERNMENT OWNERSHIP INFRASTRUCTURE MONOPOLIES CONTRACTS REGULATIONS Guislain, Pierre Kerf, Michel Concessions - The Way to Privatize Infrastructure Sector Monopolies |
| relation |
Viewpoint: Public Policy for the Private Sector; Note No. 59 |
| description |
Under concession arrangements, the state
delegates to the private sector the right to provide a
service, yet retains some control over the sector by
incorporating in a concession contract or license the terms
and conditions that will govern the infrastructure project
or company. This approach is well suited for privatizing
sectors with monopolistic characteristics. This Note
outlines the concession-type approach and some of its
operational implications. Designing a concession that
strikes the balance among the interests of the investors,
the consumers, and the public authorities and that fits the
conditions of both the sector and the country requires a
clear identification of the objectives and tradeoffs. Each
concession is likely to be a special case requiring special
attention and unique features. |
| format |
Publications & Research :: Viewpoint |
| author |
Guislain, Pierre Kerf, Michel |
| author_facet |
Guislain, Pierre Kerf, Michel |
| author_sort |
Guislain, Pierre |
| title |
Concessions - The Way to Privatize Infrastructure Sector Monopolies |
| title_short |
Concessions - The Way to Privatize Infrastructure Sector Monopolies |
| title_full |
Concessions - The Way to Privatize Infrastructure Sector Monopolies |
| title_fullStr |
Concessions - The Way to Privatize Infrastructure Sector Monopolies |
| title_full_unstemmed |
Concessions - The Way to Privatize Infrastructure Sector Monopolies |
| title_sort |
concessions - the way to privatize infrastructure sector monopolies |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/1995/10/697000/concessions-way-privatize-infrastructure-sector-monopolies http://hdl.handle.net/10986/11648 |
| _version_ |
1764417497435471872 |