Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
Download Creating Incentives For Private Infrastructure Companies To Become More Effficient full books in PDF, epub, and Kindle. Read online Creating Incentives For Private Infrastructure Companies To Become More Effficient ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Author : Ian Alexander
Publisher :
ISBN 13 :
Total Pages : 37 pages
Book Rating : 4.:/5 (212 download)
Download or read book Creating Incentives for Private Infrastructure Companies to Become More Efficient written by Ian Alexander and published by . This book was released on 1997 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Ian Alexander
Publisher :
ISBN 13 :
Total Pages : 42 pages
Book Rating : 4.:/5 (129 download)
Download or read book Creating Incentives for Private Infrastructure Companies to Become More Efficient written by Ian Alexander and published by . This book was released on 2016 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Certain factors can maximize the pressure on privatized infrastructure companies to be more efficient: the threat of bankruptcy, internal controls imposed by shareholders, and external disciplines (such as the threat of hostile takeover).The privatization of infrastructure companies is expected to bring about gains for customers by increasing the efficiency of the privatized company. Because many infrastructure industries are not competitive, attention has focused on the development of regulatory regimes that replicate the operation of competitive markets and so lead to the efficiency gains. Less attention, however, has been paid to other institutional factors that encourage firms to operate efficiently.Alexander and Mayer study three institutional factors that can, in general, encourage efficiency:deg; The threat of bankruptcy.deg; Internal controls brought about by executive remuneration schemes and the ability of shareholders to remove underperforming management.deg; External disciplines brought about by the operation of the market for corporate control and the threat of hostile takeover.Applying these three aspects of corporate governance to monopolistic infrastructure firms is not simple. Infrastructure regulation may allow privatized firms to avoid financial problems by raising prices, for example, thus sheltering them from the threat of bankruptcy. And shareholder control may be hindered by restrictions on the proportion of the shares that can be owned by any one shareholder.Alexander and Mayer offer examples of the ways in which different regulatory, institutional, and governance systems work in different countries, especially in relation to infrastructure companies and provide a checklist of options that should be considered when designing the involvement of the private sector in infrastructure position.This paper - a product of the Private Participation in Infrastructure Group, Private Sector Development Department - is part of a larger effort in the department to analyze issues relating to private participation in infrastructure.
Author : Ian Alexander
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (913 download)
Download or read book Creating Incentives for Private Infrastructure Companies to Become More Efficient written by Ian Alexander and published by . This book was released on 1999 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: March 1997 Certain factors can maximize the pressure on privatized infrastructure companies to be more efficient: the threat of bankruptcy, internal controls imposed by shareholders, and external disciplines (such as the threat of hostile takeover). The privatization of infrastructure companies is expected to bring about gains for customers by increasing the efficiency of the privatized company. Because many infrastructure industries are not competitive, attention has focused on the development of regulatory regimes that replicate the operation of competitive markets and so lead to the efficiency gains. Less attention, however, has been paid to other institutional factors that encourage firms to operate efficiently. Alexander and Mayer study three institutional factors that can, in general, encourage efficiency: * The threat of bankruptcy. * Internal controls brought about by executive remuneration schemes and the ability of shareholders to remove underperforming management. * External disciplines brought about by the operation of the market for corporate control and the threat of hostile takeover. Applying these three aspects of corporate governance to monopolistic infrastructure firms is not simple. Infrastructure regulation may allow privatized firms to avoid financial problems by raising prices, for example, thus sheltering them from the threat of bankruptcy. And shareholder control may be hindered by restrictions on the proportion of the shares that can be owned by any one shareholder. Alexander and Mayer offer examples of the ways in which different regulatory, institutional, and governance systems work in different countries, especially in relation to infrastructure companies and provide a checklist of options that should be considered when designing the involvement of the private sector in infrastructure position. This paper-a product of the Private Participation in Infrastructure Group, Private Sector Development Department-is part of a larger effort in the department to analyze issues relating to private participation in infrastructure.
Author : Ian Alexander
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 46 pages
Book Rating : 4./5 ( download)
Download or read book Creating Incentives for Private Infrastructure Company to Become More Efficient written by Ian Alexander and published by World Bank Publications. This book was released on 1997 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Manal Fouad
Publisher : International Monetary Fund
ISBN 13 : 1513576569
Total Pages : 61 pages
Book Rating : 4.5/5 (135 download)
Download or read book Mastering the Risky Business of Public-Private Partnerships in Infrastructure written by Manal Fouad and published by International Monetary Fund. This book was released on 2021-05-10 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: Investment in infrastructure can be a driving force of the economic recovery in the aftermath of the COVID-19 pandemic in the context of shrinking fiscal space. Public-private partnerships (PPP) bring a promise of efficiency when carefully designed and managed, to avoid creating unnecessary fiscal risks. But fiscal illusions prevent an understanding the sources of fiscal risks, which arise in all infrastructure projects, and that in PPPs present specific characteristics that need to be addressed. PPP contracts are also affected by implicit fiscal risks when they are poorly designed, particularly when a government signs a PPP contract for a project with no financial sustainability. This paper reviews the advantages and inconveniences of PPPs, discusses the fiscal illusions affecting them, identifies a diversity of fiscal risks, and presents the essentials of PPP fiscal risk management.
Author : Hilary Devine
Publisher : International Monetary Fund
ISBN 13 : 1513571567
Total Pages : 161 pages
Book Rating : 4.5/5 (135 download)
Download or read book Private Finance for Development written by Hilary Devine and published by International Monetary Fund. This book was released on 2021-05-14 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Covid-19 pandemic has aggravated the tension between large development needs in infrastructure and scarce public resources. To alleviate this tension and promote a strong and job-rich recovery from the crisis, Africa needs to mobilize more financing from and to the private sector.
Author : Ioannis Nicolaos Kessides
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 328 pages
Book Rating : 4.3/5 (555 download)
Download or read book Reforming Infrastructure written by Ioannis Nicolaos Kessides and published by World Bank Publications. This book was released on 2004 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Electricity, natural gas, telecommunications, railways, and water supply, are often vertically and horizontally integrated state monopolies. This results in weak services, especially in developing and transition economies, and for poor people. Common problems include low productivity, high costs, bad quality, insufficient revenue, and investment shortfalls. Many countries over the past two decades have restructured, privatized and regulated their infrastructure. This report identifies the challenges involved in this massive policy redirection. It also assesses the outcomes of these changes, as well as their distributional consequences for poor households and other disadvantaged groups. It recommends directions for future reforms and research to improve infrastructure performance, identifying pricing policies that strike a balance between economic efficiency and social equity, suggesting rules governing access to bottleneck infrastructure facilities, and proposing ways to increase poor people's access to these crucial services.
Author : Paul Lanoie
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 34 pages
Book Rating : 4./5 ( download)
Download or read book Can Capital Markets Create Incentives for Pollution Control? written by Paul Lanoie and published by World Bank Publications. This book was released on 1997 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Mr.Rabah Arezki
Publisher : International Monetary Fund
ISBN 13 : 1475591837
Total Pages : 47 pages
Book Rating : 4.4/5 (755 download)
Download or read book From Global Savings Glut to Financing Infrastructure written by Mr.Rabah Arezki and published by International Monetary Fund. This book was released on 2016-02-09 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates the emerging global landscape for public-private co-investments in infrastructure. The creation of the Asian Infrastructure Investment Bank and other so-called “infrastructure investment platforms” are an attempt to tap into the pool of both public and private long-term savings in order to channel the latter into much needed infrastructure projects. This paper puts these new initiatives into perspective by critically reviewing the literature and experience with public private partnerships in infrastructure. It concludes by identifying the main challenges policy makers and other actors will need to confront going forward and to turn infrastructure into an asset class of its own.
Author : United States. Congress. House. Committee on Science
Publisher :
ISBN 13 :
Total Pages : 204 pages
Book Rating : 4.0/5 ( download)
Download or read book Is Today's Science Policy Preparing Us for the Future? written by United States. Congress. House. Committee on Science and published by . This book was released on 1995 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :
Publisher :
ISBN 13 :
Total Pages : 924 pages
Book Rating : 4.3/5 (91 download)
Download or read book The Indian Journal of Public Administration written by and published by . This book was released on 2001 with total page 924 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Edward L. Glaeser
Publisher : University of Chicago Press
ISBN 13 : 022680058X
Total Pages : 479 pages
Book Rating : 4.2/5 (268 download)
Download or read book Economic Analysis and Infrastructure Investment written by Edward L. Glaeser and published by University of Chicago Press. This book was released on 2021-11-11 with total page 479 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Policy-makers often call for expanding public spending on infrastructure, which includes a broad range of investments from roads and bridges to digital networks that will expand access to high-speed broadband. Some point to near-term macro-economic benefits and job creation, others focus on long-term effects on productivity and economic growth. This volume explores the links between infrastructure spending and economic outcomes, as well as key economic issues in the funding and management of infrastructure projects. It draws together research studies that describe the short-run stimulus effects of infrastructure spending, develop new estimates of the stock of U.S. infrastructure capital, and explore the incentive aspects of public-private partnerships (PPPs). A salient issue is the treatment of risk in evaluating publicly-funded infrastructure projects and in connection with PPPs. The goal of the volume is to provide a reference for researchers seeking to expand research on infrastructure issues, and for policy-makers tasked with determining the appropriate level of infrastructure spending"--
Author : Rashid Faruqee
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 30 pages
Book Rating : 4./5 ( download)
Download or read book Using Economic Policy to Improve Environmental Protection in Pakistan written by Rashid Faruqee and published by World Bank Publications. This book was released on 1997 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Lixin Colin Xu
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4./5 ( download)
Download or read book How China's Government and State Enterprises Partitioned Property and Control Rights written by Lixin Colin Xu and published by World Bank Publications. This book was released on 1997 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Jakob Svensson
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 38 pages
Book Rating : 4./5 ( download)
Download or read book When is Foreign Aid Policy Credible? written by Jakob Svensson and published by World Bank Publications. This book was released on 1997 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Gordon Campbell Watkins
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 64 pages
Book Rating : 4./5 ( download)
Download or read book World Crude Oil Resources written by Gordon Campbell Watkins and published by World Bank Publications. This book was released on 1997 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Merlinda D. Ingco
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 38 pages
Book Rating : 4./5 ( download)
Download or read book Has Agricultural Trade Liberalization Improved Welfare in the Least-developed Countries? written by Merlinda D. Ingco and published by World Bank Publications. This book was released on 1997 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most of the gains from multilateral liberalization come from the countries' own liberalization efforts. Least-developed countries that failed to liberalize their trade policy lost the opportunity for gains that the Uruguay Round made possible. Ingco evaluates the progress in agricultural liberalization - and the welfare effects for least-developed and net food-importing countries - as a result of agricultural price shocks resulting from the Uruguay Round. She finds that: * The changes in welfare are significantly affected by the structure of trade and distortions in the domestic economy. * Although many economies are hurt by increases in world prices, losses in terms of trade are small relative to total GDP. Only in a few countries does the estimated welfare change constitute more than 1 percent of GDP. * In several countries, the distortion effects are significantly larger than the terms-of-trade effects. In some cases, the distortion effects work in opposition to the terms-of-trade effects and are large enough to reverse the sign of the net welfare change. In short, removing policy distortions could convert the small loss in terms of trade to potential gains. But many least-developed, net food-importing countries did not use the Round to support domestic efforts at trade reform. As most studies show, most gains from multilateral liberalization come from the countries' own liberalization efforts, so countries that failed to liberalize their trade policy lost the opportunity for gains. This paper - a product of the International Trade Division, International Economics Department - is part of a larger effort in the department to evaluate the effects of trade liberalization with special focus on least-developed and net-food importing developing countries.
