Infrastructure, Incentives and Institutions

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (944 download)

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Book Synopsis Infrastructure, Incentives and Institutions by :

Download or read book Infrastructure, Incentives and Institutions written by and published by . This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Institutional Incentives And Sustainable Development

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Publisher : Westview Press
ISBN 13 :
Total Pages : 292 pages
Book Rating : 4.4/5 (91 download)

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Book Synopsis Institutional Incentives And Sustainable Development by : Elinor Ostrom

Download or read book Institutional Incentives And Sustainable Development written by Elinor Ostrom and published by Westview Press. This book was released on 1993-03-18 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors present a method for systemically comparing alternative institutional arrangements for the development of rural infrastructure.

Infrastructure, Incentives and Institutions

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ISBN 13 :
Total Pages : 24 pages
Book Rating : 4.:/5 (938 download)

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Book Synopsis Infrastructure, Incentives and Institutions by : Nava Ashraf

Download or read book Infrastructure, Incentives and Institutions written by Nava Ashraf and published by . This book was released on 2016 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cities generate negative, as well as positive, externalities; addressing those externalities requires both infrastructure and institutions. Providing clean water and removing refuse requires water and sewer pipes, but the urban poor are often unwilling to pay for the costs of that piping. Standard welfare economics teaches us that either subsidies or Pigouvian fines can solve that problem, but both solution are problematic when institutions are weak. Subsidies lead to waste and corruption; fines lead to extortion of the innocent. Zambia has attempted to solve its problem with subsidies alone, but the subsidies have been too small to solve the "last-mile problem" and so most poor households remain unconnected to the water and sewer system. In nineteenth-century New York, subsidies also proved insufficient and were largely replaced by a penalty-based system. We present a model that illustrates the complementarity between infrastructure and institutions and provides conditions for whether fines, subsidies or a combination of both are the optimal response. One point of the model is that the optimal fine is often not a draconian penalty, but a mild charge that is small enough to avoid extortion.

Institutions, Incentives and Risk Preparing Markets for Private Financing of Urban Infrastructure

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ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (637 download)

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Book Synopsis Institutions, Incentives and Risk Preparing Markets for Private Financing of Urban Infrastructure by : M. R. Lindfield

Download or read book Institutions, Incentives and Risk Preparing Markets for Private Financing of Urban Infrastructure written by M. R. Lindfield and published by . This book was released on 1998 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Tomorrow's Agriculture: Incentives, Institutions, Infrastructure and Innovations - Proceedings of the Twenty-fouth International Conference of Agricultural Economists

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Publisher : Routledge
ISBN 13 : 1351737155
Total Pages : 881 pages
Book Rating : 4.3/5 (517 download)

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Book Synopsis Tomorrow's Agriculture: Incentives, Institutions, Infrastructure and Innovations - Proceedings of the Twenty-fouth International Conference of Agricultural Economists by : G.H. Peters

Download or read book Tomorrow's Agriculture: Incentives, Institutions, Infrastructure and Innovations - Proceedings of the Twenty-fouth International Conference of Agricultural Economists written by G.H. Peters and published by Routledge. This book was released on 2018-04-17 with total page 881 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2002: This volume represents some of the proceedings of the 24th conference of the International Association of Agricultural Economists (IAAE) held in Berlin, Germany, in August 2000. The papers in this volume include the president's address, the Elmhirst Lecture and a selection of 20 contributed papers. It also includes panel discussion reports, reports on the discussion groups and mini-symposia, poster paper abstracts, and the synoptic view presented at the close of the conference by the new president of the IAAE, Joachin von Braun. The theme of the 24th conference was "Tomorrow's Agriculture: Incentives, Institutions, Infrastructure and Innovations", reflecting the rapid advances being made in the application of biotechnology in both the developed and developing worlds.

Private Initiatives in Infrastructure

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Publisher : Edward Elgar Publishing
ISBN 13 : 9781781009765
Total Pages : 264 pages
Book Rating : 4.0/5 (97 download)

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Book Synopsis Private Initiatives in Infrastructure by : Sanford V. Berg

Download or read book Private Initiatives in Infrastructure written by Sanford V. Berg and published by Edward Elgar Publishing. This book was released on 2002-01-01 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focuses on concrete examples in specific countries to draw useful lessons for strong performance in telecommunications, power, water and social infrastructure.

Institutional Reform, Regulation and Privatization

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Publisher : Edward Elgar Publishing
ISBN 13 : 9781781958346
Total Pages : 272 pages
Book Rating : 4.9/5 (583 download)

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Book Synopsis Institutional Reform, Regulation and Privatization by : Rolf W. Künneke

Download or read book Institutional Reform, Regulation and Privatization written by Rolf W. Künneke and published by Edward Elgar Publishing. This book was released on 2005-01-01 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides evolutionary and institutional perspectives on the reform of infrastructure industries, tracing the development of this process in a number of sectors and countries. The contributors contend that infrastructure based industries such as telecommunications, public transport, water management and energy have been increasingly exposed to the dynamism of the market since becoming privatized, and have therefore been stimulated into short-term efficiency and long-term innovation. Drawing on institutional economic theory backed up with case studies such as the California energy crisis, the Dutch gas industry, oil and electricity companies in Spain and the privatization of Schipol airport in Amsterdam the book focuses on process, driving forces, and actors' roles to explain how new balances are established between competing institutions. The degree to which the processes of institutional change are predictable and the effects of deliberate strategic interventions of governments or private actors are explored. Specific technical and sector aspects and their influence on institutional change in various infrastructures are also discussed.

Reforming Infrastructure

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Publisher : World Bank Publications
ISBN 13 :
Total Pages : 328 pages
Book Rating : 4.3/5 (555 download)

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Book Synopsis Reforming Infrastructure by : Ioannis Nicolaos Kessides

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.

Institutions, Incentives and Risk

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Publisher :
ISBN 13 : 9781875997183
Total Pages : 242 pages
Book Rating : 4.9/5 (971 download)

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Book Synopsis Institutions, Incentives and Risk by : Michael Lindfield

Download or read book Institutions, Incentives and Risk written by Michael Lindfield and published by . This book was released on 1998 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: This monograph presents the results of a review of the theory and practice of risk management in the provision of urban infrastructure financed by the private sector.

Creating Incentives for Private Infrastructure Companies to Become More Effficient

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Publisher : World Bank Publications
ISBN 13 :
Total Pages : 46 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Creating Incentives for Private Infrastructure Companies to Become More Effficient by : Ian Alexander

Download or read book Creating Incentives for Private Infrastructure Companies to Become More Effficient 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:

World Development Report 1994

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Publisher : World Bank Publications
ISBN 13 : 9780195209921
Total Pages : 268 pages
Book Rating : 4.2/5 (99 download)

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Book Synopsis World Development Report 1994 by :

Download or read book World Development Report 1994 written by and published by World Bank Publications. This book was released on 1994 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: World Development Report 1994 examines the link between infrastructure and development and explores ways in which developing countries can improve both the provision and the quality of infrastructure services. In recent decades, developing countries have made substantial investments in infrastructure, achieving dramatic gains for households and producers by expanding their access to services such as safe water, sanitation, electric power, telecommunications, and transport. Even more infrastructure investment and expansion are needed in order to extend the reach of services - especially to people living in rural areas and to the poor. But as this report shows, the quantity of investment cannot be the exclusive focus of policy. Improving the quality of infrastructure service also is vital. Both quantity and quality improvements are essential to modernize and diversify production, help countries compete internationally, and accommodate rapid urbanization. The report identifies the basic cause of poor past performance as inadequate institutional incentives for improving the provision of infrastructure. To promote more efficient and responsive service delivery, incentives need to be changed through commercial management, competition, and user involvement. Several trends are helping to improve the performance of infrastructure. First, innovation in technology and in the regulatory management of markets makes more diversity possible in the supply of services. Second, an evaluation of the role of government is leading to a shift from direct government provision of services to increasing private sector provision and recent experience in many countries with public-private partnerships is highlighting new ways to increase efficiency and expand services. Third, increased concern about social and environmental sustainability has heightened public interest in infrastructure design and performance.

Aligning Institutions and Incentives for Sustainable Water Supply and Sanitation Services

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ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (112 download)

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Book Synopsis Aligning Institutions and Incentives for Sustainable Water Supply and Sanitation Services by : Yogita Mumssen

Download or read book Aligning Institutions and Incentives for Sustainable Water Supply and Sanitation Services written by Yogita Mumssen and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The objective of this study is to analyze how integrated policy, institutional, and regulatory interventions (institutional interventions in brief) can help align incentives for more sustainable water supply and sanitation (WSS) service delivery. The context for the study is the enhanced global concern about the sustainability of attempts to increase access to, and improve the quality of, WSS services, as exemplified in the sustainable development goals. Aligning institutional interventions refers to harmonization among the objectives for the sector, agreed principles established through political and social processes, and the organizations and mechanisms that implement actions based on such objectives and principles. This report focuses on the formal policy, institutional, and regulatory interventions available to and or prevalent in the water sector, recognizing the critical importance of the informal conventions that will be key factors in the success of any incentive regime. Previous global initiatives offered a range of promising technical solutions that often proved to be unsustainable. New thinking that draws not only infrastructure economics but also on the understanding of political, behavioral, and institutional economics is needed. This new thinking must be grounded within the differing contextual realities of countries globally and in lessons learned from what has or has not worked with regards to achieving specific objectives.

Creating Incentives for Private Infrastructure Companies to Become More Efficient

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (913 download)

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Book Synopsis Creating Incentives for Private Infrastructure Companies to Become More Efficient by : Ian Alexander

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.

Creating Incentives for Private Infrastructure Companies to Become More Efficient

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Publisher :
ISBN 13 :
Total Pages : 42 pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis Creating Incentives for Private Infrastructure Companies to Become More Efficient by : Ian Alexander

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.

Institutions, Contracts and Regulation of Infrastructure in Argentina

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Institutions, Contracts and Regulation of Infrastructure in Argentina by : Manuel A. Abdala

Download or read book Institutions, Contracts and Regulation of Infrastructure in Argentina written by Manuel A. Abdala and published by . This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Massive privatization in the Argentine infrastructure and public service sectors gave an opportunity to explore why we observe notorious differences in regulatory design choices and performance outcomes across sectors, under the umbrella of similar nation-specific institutional characteristics (same federal government producing reform during a short period of time (1990-95)). Following the Levy and Spiller (1996) conceptual framework, we propose that some institutional characteristics (namely the nature of conflicts among groups affected by reform and administrative capabilities) determined a wide variety of government choices for regulatory incentives, producing different outcomes across sectors. Despite the will of the executive power to respect stable rules of the game, episodes of government opportunism appeared in most sectors. Poor regulatory incentive design and weak agencies, on the other hand, prompted ex-post opportunistic behavior from regulated firms, which renegotiated contractual conditions to their favor.

Democracy, Public Expenditures, and the Poor

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Publisher : World Bank Publications
ISBN 13 : 0031210104
Total Pages : 36 pages
Book Rating : 4.0/5 (312 download)

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Book Synopsis Democracy, Public Expenditures, and the Poor by : Philip Keefer

Download or read book Democracy, Public Expenditures, and the Poor written by Philip Keefer and published by World Bank Publications. This book was released on 2003 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Countries vary systematically with respect to the incentives of politicians to provide broad public goods, and to reduce poverty. Even in developing countries that are democracies, politicians often have incentives to divert resources to political rents, and to private transfers that benefit a few citizens at the expense of many. These distortions can be traced to imperfections in political markets, that are greater in some countries than in others. The authors review the theory, and evidence on the impact of incomplete information of voters, the lack of credibility of political promises, and social polarization on political incentives. They argue that the effects of these imperfections are large, but that their implications are insufficiently integrated into the design of policy reforms aimed at improving the provision of public goods, and reducing poverty.

Financialising City Statecraft and Infrastructure

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Publisher : Edward Elgar Publishing
ISBN 13 : 1788118952
Total Pages : 360 pages
Book Rating : 4.7/5 (881 download)

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Book Synopsis Financialising City Statecraft and Infrastructure by : Andy Pike

Download or read book Financialising City Statecraft and Infrastructure written by Andy Pike and published by Edward Elgar Publishing. This book was released on 2019 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financialising City Statecraft and Infrastructure addresses the struggles of national and local states to fund, finance and govern urban infrastructure. It develops fresh thinking on financialisation and city statecraft to explain the socially and spatially uneven mixing of managerial, entrepreneurial and financialised city governance in austerity and limited decentralisation across England. As urban infrastructure fixes for the London global city-region risk undermining national ‘rebalancing’ efforts in the UK, city statecraft in the rest of the country is having uneasily to combine speculation, risk-taking and prospective venturing with co-ordination, planning and regulation.