Privatization and Regulation of Transport Infrastructure: Guidelines for Policymakers and Regulators (Wbi Development Studies)

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ISBN 10: 0821347217 / ISBN 13: 9780821347218

Published by -, 2000

About this Item

Privatization and Regulation of Transport Infrastructure: Guidelines for Policymakers and Regulators (Wbi Development Studies) This book is in very good condition and will be shipped within 24 hours of ordering. The cover may have some limited signs of wear but the pages are clean, intact and the spine remains undamaged. This book has clearly been well maintained and looked after thus far. Money back guarantee if you are not satisfied. See all our books here, order more than 1 book and get discounted shipping.

Seller Inventory # 7719-9780821347218

Bibliographic Details

• Title: Privatization and Regulation of Transport Infrastructure: Guidelines for Policymakers and Regulators (Wbi Development Studies)
• Publisher: -
• Publication Date: 2000
• Language: English
• ISBN 10: 0821347217
• ISBN 13: 9780821347218
• Binding: Paperback
• Condition: Very Good

About this title

Synopsis

The 1990s saw a dramatic increase in the liberalization of transport policies and a strengthening of the role of private operators and investors in transport infrastructure worldwide. This increased private sector participation has often reflected changing ideologies about the role of the state and dissatisfaction with publicly provided services. In general, the main driving force behind seeking private sector financing has been the pressure imposed on governments by lasting fiscal crises. This change in sources of finance is also providing an opportunity to restructure the sector in an attempt to improve its efficiency and sustain these improvements. Most reforming countries are creating new regulatory agencies or units to implement economic regulation. As they do so, the governments encounter more challenges than anticipated. A major obstacle is the lack of technical skills among the civil servants who staff the regulatory agencies. This volume aims to develop these regulatory skills. It takes stock of what practitioners and academics know about the major challenges that governments are likely to face in taking on their new role in the transport sector. This book has two parts. The first provides an overview of economic theories on economic regulation and introduces potential regulators to some of the key underlying concepts. The second part covers four subsectors: airports, ports, railways, and roads. Each chapter can stand apart from the rest of the book and be read on its own; but to facilitate comparisons across subsectors, they all follow the same structure.