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Private Costs And Public Infrastructure The Mexican Case
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Book Synopsis Private Costs and Public Infrastructure by : Mr.Russell D. Murphy
Download or read book Private Costs and Public Infrastructure written by Mr.Russell D. Murphy and published by INTERNATIONAL MONETARY FUND. This book was released on 2001-10-01 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: One objective of government investment is to develop public infrastructure which may reduce private sector costs. In a developing economy, the scope for payoffs to investments of this sort may be particularly large. A major concern related to the recent fiscal adjustment in Mexico is that it has been carried out, in part, by depleting public infrastructure stocks.We estimate the effects of public infrastructure on private sector costs in Mexico and calculate the implied optimal infrastructure stocks. Our estimates indicate that previous results suggesting a large productive role of public infrastructure capital are not robust. There is little evidence that public infrastructure plays a large role in reducing private sector costs.
Book Synopsis Private Costs and Public Infrastructure by : Russell D. Murphy
Download or read book Private Costs and Public Infrastructure written by Russell D. Murphy and published by . This book was released on 2001 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Public Infrastructure and Private Sector Profitability and Productivity in Mexico by : Anwar Shah
Download or read book Public Infrastructure and Private Sector Profitability and Productivity in Mexico written by Anwar Shah and published by World Bank Publications. This book was released on 1988 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: Microeconometric analysis of Mexican industry shows additional investment in public infrastructure produces only a small increase in output. This suggests that the policy emphasis in Mexico should be on the better upkeep of existing infrastructure to ensure the continuity of public services rather than on new capital investment.
Book Synopsis Private Solutions for Infrastructure in Mexico by : Public-Private Infrastructure Advisory Facility
Download or read book Private Solutions for Infrastructure in Mexico written by Public-Private Infrastructure Advisory Facility and published by World Bank Publications. This book was released on 2003 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sustainable poverty reduction and equitable economic development depend on the solid foundation of the rule of law. These reforms are underpinned by legal reform, whether it be to increase efficiency in business transactions, benefit from globalization policies, improve the way governments deliver essential services, or facilitate access to a more efficient and effective justice system. Internationally, rules and frameworks of cooperation are required in order to confront new global threats, such as communicable diseases, attacks on the environmental commons, destabilizing capital movements, and money laundering. The World Bank Legal Review, the first in a new annual series, offers a combination of legal scholarship, lessons from experience, legal developments, and recent reports on the many ways in which the application of law and the improvement of justice systems promote poverty reduction, economic development, and the rule of law. This book, produced by the Legal Vice Presidency of the World Bank, is a publication for policymakers and their legal advisers, attorneys and other professionals involved in the area of international development.
Book Synopsis Infrastructure and the Complexity of Economic Development by : David F. Batten
Download or read book Infrastructure and the Complexity of Economic Development written by David F. Batten and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book examines the complex relationships between infrastructure and the rest of the economy. In particular, it focuses on the contentious issue of whether infrastructure investments stimulate productivity growth, issues of pricing and ownership, and also development problems such as environmental damage. Methods range from traditional production function models and compensating variation approaches to nonlinear methods of dynamic analysis. There is a unique emphasis on the ability of these different methods to allow for the complex interdependencies involved. Six of the fifteen papers deal with these methodological aspects, whereas the remainder addresses specific cases or examples in a variety of countries (Europe, USA and developing countries).
Book Synopsis Building regional infrastructure in Latin America (Working Paper IECI = Documento de Trabajo SITI ; n. 10) by : Vito Tanzi
Download or read book Building regional infrastructure in Latin America (Working Paper IECI = Documento de Trabajo SITI ; n. 10) written by Vito Tanzi and published by BID-INTAL. This book was released on 2005 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Corruption, Infrastructure Management and Public–Private Partnership by : Mohammad Heydari
Download or read book Corruption, Infrastructure Management and Public–Private Partnership written by Mohammad Heydari and published by Routledge. This book was released on 2021-10-28 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public–Private Partnerships (PPP or 3Ps) allow the public sector to seek alternative funding and expertise from the private sector during procurement processes. Such partnerships, if executed with due diligence, often benefit the public immensely. Unfortunately, Public–Private Partnerships can be vulnerable to corruption. This book looks at what measures we can put in place to check corruption during procurement and what good governance strategies the public sector can adopt to improve the performance of 3Ps. The book applies mathematical models to analyze 3Ps. It uses game theory to study the interaction and dynamics between the stakeholders and suggests strategies to reduce corruption risks in various 3Ps stages. The authors explain through game theory-based simulation how governments can adopt a evaluating process at the start of each procurement to weed out undesirable private partners and why the government should take a more proactive approach. Using a methodological framework rooted in mathematical models to illustrate how we can combat institutional corruption, this book is a helpful reference for anyone interested in public policymaking and public infrastructure management.
Book Synopsis Public-private Partnerships by : Sidney M. Levy
Download or read book Public-private Partnerships written by Sidney M. Levy and published by Amer Society of Civil Engineers. This book was released on 2011 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: Levy demystifies public-private partnerships as an innovative solution to the challenges of designing, financing, building, and operating major infrastructure projects.
Download or read book Occasional Papers written by and published by . This book was released on 2008 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Project Procurement for Infrastructure Construction by : Satyanarayana N. Kaladindi
Download or read book Project Procurement for Infrastructure Construction written by Satyanarayana N. Kaladindi and published by Alpha Science Int'l Ltd.. This book was released on 2004 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book will be of interest to a wide audience including professionals and academics working in the area of infrastructure / construction procurement and management."--BOOK JACKET.
Book Synopsis Public-Private Partnerships in Infrastructure by : Kumar V. Pratap
Download or read book Public-Private Partnerships in Infrastructure written by Kumar V. Pratap and published by Springer. This book was released on 2018-01-09 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book provides readers with a clear understanding of infrastructure challenges, how Public‐Private Partnerships (PPP) can help, and their use in practice. Infrastructure bottlenecks are generally considered the most important constraint to growth in many countries worldwide. Historically, infrastructure projects have been financed and implemented by the state. However, owing to the fiscal resource crunch, time and cost over‐runs, and the general poor quality of publicly provided infrastructure, many emerging market governments, including India, have increasingly adopted PPPs with billions of dollars of investment riding on them. The results have been varied – from spectacular airports like the Delhi International Airport Limited with the associated controversy over land use, to the renegotiation of contracts as in the case of Tata Mundra Ultra Mega Power Project. Illustrating concepts with relevant case studies, the book makes the challenges of PPPs understandable to industry and management practitioners as well as students of management, public policy and economics. It is useful to practitioners wishing to avoid the pitfalls in the tricky terrain of PPPs and policymakers wanting guidance in crafting proper incentives. It also helps students gain a holistic and “applied” understanding of this increasingly important and popular model. “Public Private Partnerships (PPPs) in India are currently under stress. A comprehensive treatment of the subject by a long-time and erudite practitioner and a management academic, this book should be useful to students trying to learn the basics, while also being valuable to professionals and policy makers. The book suggests that the Government should hold bidders accountable to their submitted bids, thereby preserving sanctity of contract. This will discourage aggressive bidding which has become a serious and endemic problem. The book also suggests the use of better bidding criteria to mitigate traffic risk in transport projects. Policy makers should pay heed to these suggestions as they consider improvements in the PPP policy regime going forward.”—Arvind Subramanian, Chief Economic Adviser, India/div “For a fast-growing India, infrastructure creation and operation is a great challenge and opportunity. This excellent book combines theory and practice on PPPs, and is very useful for professionals and students alike. With case studies and current developments, the authors bring out issues in India with global experiences as well. A must-read for infrastructure practitioners.”—Shailesh Pathak, Chief Executive (Designate), L&T Infrastructure Development Projects Limited “India’s program of private participation in infrastructure attracted worldwide attention as it became one of the largest programs in emerging markets. As well as the volumes of finance mobilized, it garnered interest because of some of the innovative approaches developed, such as Viability Gap Funding. The Indian PPP story is well captured in this book, which also makes the point that India is seeing project cancellations and failures rise. The authors analyze the factors behind this and point the way to a more robust PPP market that learns from the experiences of the past.”—Clive Harris, Practice Manager, Public-Private Partnerships, World Bank/div
Book Synopsis OECD Regional Development Studies Global Compendium of Land Value Capture Policies by : OECD
Download or read book OECD Regional Development Studies Global Compendium of Land Value Capture Policies written by OECD and published by OECD Publishing. This book was released on 2022-06-21 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Global Compendium of Land Value Capture, a joint project by the OECD and the Lincoln Institute of Land Policy, is an ambitious undertaking to understand the full landscape of land value capture (LVC) instruments, how they are configured and deployed across the globe in OECD and Non-OECD countries, and what it would take to unleash their full potential as a sustainable revenue source.
Book Synopsis Mastering the Risky Business of Public-Private Partnerships in Infrastructure by : Manal Fouad
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.
Book Synopsis Mexico Environmental Technologies Export Market Plan by :
Download or read book Mexico Environmental Technologies Export Market Plan written by and published by . This book was released on 1997 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Private Participation in Infrastructure in Developing Countries by : Clive Harris
Download or read book Private Participation in Infrastructure in Developing Countries written by Clive Harris and published by World Bank Publications. This book was released on 2003 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: Governments have long recognized the vital role that modern infrastructure services play in economic growth and poverty alleviation. For much of the post-Second World War period, most governments entrusted delivery of these services to state-owned monopolies. But in many developing countries, the results were disappointing. Public sector monopolies were plagued by inefficiency. Many were strapped for resources because governments succumbed to populist pressures to hold prices below costs. Fiscal pressures, and the success of the pioneers of the privatization of infrastructure services, provided governments with a new paradigm. Many governments sought to involve the private sector in the provision and financing of infrastructure services. The shift to the private provision that occurred during the 1990s was much more rapid and widespread than had been anticipated at the start of the decade. By 2001, developing countries had seen over $755 billion of investment flows in nearly 2500 infrastructure projects. However, these flows peaked in 1997, and have fallen more or less steadily ever since. These declines have been accompanied by high profile cancellations or renegotiations of some projects, a reduction in investor appetite for these activities and, in some parts of the world, a shift in public opinion against the private provision of infrastructure services. The current sense of disillusionment stands in stark contrast to what should in retrospect be surprise at the spectacular growth of private infrastructure during the 1990s.
Book Synopsis Agricultural and Fisheries Policies in Mexico Recent Achievements, Continuing the Reform Agenda by : OECD
Download or read book Agricultural and Fisheries Policies in Mexico Recent Achievements, Continuing the Reform Agenda written by OECD and published by OECD Publishing. This book was released on 2006-12-01 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report analyses the effects of Mexico’s ambitious reforms to agricultural and fisheries policies since 1990 and makes recommendations for further reforms.
Book Synopsis OECD Regional Development Studies Decentralisation and Local Infrastructure in Mexico A New Public Policy for Development by : OECD
Download or read book OECD Regional Development Studies Decentralisation and Local Infrastructure in Mexico A New Public Policy for Development written by OECD and published by OECD Publishing. This book was released on 1999-12-06 with total page 145 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication sheds light on the issue of decentralisation in Mexico.
