Privatization and Regulation of Transport Infrastructure : Guidelines for Policymakers and Regulators
The 1990s saw a dramatic increase in the liberalization of transport policies and a strengthening of the role played by private operators and investors in transport infrastructure. Most of these reforming countries are creating new regulatory agenc...
| Main Authors: | , |
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| Format: | Publication |
| Language: | English en_US |
| Published: |
Washington, DC: World Bank
2013
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2000/06/436933/privatization-regulation-transport-infrastructure-guidelines-policymakers-regulators http://hdl.handle.net/10986/15199 |
| Summary: | The 1990s saw a dramatic increase in the
liberalization of transport policies and a strengthening of
the role played by private operators and investors in
transport infrastructure. Most of these reforming countries
are creating new regulatory agencies. This book aims is to
contribute to the development of these regulatory skills.
The book has two parts. Chapter 2 in the first part provides
an overview of why economic regulation is important. It
provides theoretical support to the sector-specific chapters
that constitute the second part of the book. The second part
covers four subsectors: airports, ports, railways, and
roads. Each chapter follows exactly the same structure. The
first section provides snapshot of the key economic
characteristics of the sector and discusses their relevance
from the viewpoint of a regulator. The second section
summarizes the main privatization and regulation trends that
have been observed in the sector. It gives an overview of
main options offered by international experience and covers
a few case studies that illustrate those options. The third
section covers price regulation and highlights the
price-related issues that characterize the sector. The
fourth section does the same for quality regulation. The
fifth section discusses the main performance indicators that
the sector's regulators should be able to rely on to be
effective in their jobs. |
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