Infrastructure Policy : Basic Design Options
The paper lays out basic design options for infrastructure policy. It first sketches mechanisms to asses demand. Then it sets out a hierarchy of issues starting with choice of market structure followed by conduct regulation. Ownership options are l...
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Format: | Policy Research Working Paper |
Language: | English en_US |
Published: |
World Bank, Washington, DC
2013
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2012/11/16985794/infrastructure-policy-basic-design-options http://hdl.handle.net/10986/12119 |
Summary: | The paper lays out basic design options
for infrastructure policy. It first sketches mechanisms to
asses demand. Then it sets out a hierarchy of issues
starting with choice of market structure followed by conduct
regulation. Ownership options are largely a function of
market structure choices. The implications for finance --
the topic of much day-to-day discussion in infrastructure
policy-making -- follow from these various prior choices.
The discussion naturally circumscribes the role for
so-called public-private partnerships -- their uses and
pitfalls. Annexes provide checklists for choices of market
structure and for diagnosing and benchmarking policies. |
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