Infrastructure Policy : Basic Design Options

• Tác giả: Michael Klein
• Ngôn ngữ: eng
• Ký hiệu phân loại: 320.6 Policy making
• Thông tin xuất bản: World Bank, Washington, DC, 2013
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 258084
• Chủ đề: 1. AIRPORTS; 2. ARBITRAGE; 3. ASSET PRICE; 4. ASSETS; 5. AUCTION

Tóm tắt

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.