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Institutions, Politics, and Contracts : The Attempt to Privatize the Water and Sanitation Utility of Lima, Peru

Alcázar, Lorena; Xu, Lixin Colin; Zuluaga, Ana Maria - 2000

The main reason Lima failed to implement a concession was geographical: the scarcity of water sources meant high … likely in Peru would especially hurt the urban poor, who were important to the president's support base. After a favorable … depletion of the aquifer and its increasing contamination by ocean salt. Peru's institutional weaknesses, especially its lack of …

Persistent link: https://www.econbiz.de/10012572864

Effects of Multilateral Support on Infrastructure PPP Contract Cancellation

House, Schuyler; Marcelo, Darwin - 2016

This paper examines the relationship between multilateral support and contract cancellation in long-term infrastructure public-private partnerships. The analysis draws on a large data set and employs a multi-level econometric model to define propensity scores and matching estimators to compare...

Persistent link: https://www.econbiz.de/10012570961

Financing the Reconstruction of Public Capital after a Natural Disaster

Adam, Christopher S.; Bevan, David L. - 2016

When a natural disaster destroys public capital, these direct losses are exacerbated by indirect losses arising from reduced output while reconstruction takes place. These indirect losses may be much larger, relative to the direct ones, in low-income countries, because they lack the finance for...

Persistent link: https://www.econbiz.de/10012571032

Prioritizing Infrastructure Investment : A Framework for Government Decision Making

House, Schuyler; Mandri-Perrott, Cledan; Marcelo, Darwin; … - 2016

Governments must decide how to allocate limited resources for infrastructure development, particularly since financing gaps have been projected for the coming decades. Social cost-benefit analysis provides sound project appraisal and, when systematically applied, a basis for prioritization. In...

Persistent link: https://www.econbiz.de/10012571079

Co-Benefits of Disaster Risk Management

Vorhies, Francis; Wilkinson, Emily - 2016

Many ex ante measures taken to reduce disaster risk can deliver co-benefits that are not dependent on disasters occurring. In fact, building resilience to climate extremes and disasters can achieve multiple objectives. These are secondary to the main objective of disaster risk management of...

Persistent link: https://www.econbiz.de/10012571169

Capturing the Co-Benefits of Disaster Risk Management on the Private Sector Side

Rose, Adam - 2016

In most countries, the private sector owns the vast majority of the buildings and a considerable portion of the infrastructure at risk. However, most investment in disaster risk management is made by the public sector, with the private sector lagging far behind. The situation represents missed...

Persistent link: https://www.econbiz.de/10012571170

Higher Losses and Slower Development in the Absence of Disaster Risk Management Investments

Bangalore, Mook; Hallegatte, Stéphane; Jouanjean, … - 2016

Global economic losses from natural disasters continue to increase. Yet, investments in disaster risk management are not universal, as they are traditionally seen as in competition with other development and economic priorities. The multitude of benefits from disaster risk management investments...

Persistent link: https://www.econbiz.de/10012571171

Infrastructure Investment Demands in Emerging Markets and Developing Economies

Ruiz-Nuñez, Fernanda; Wei, Zichao - 2015

The authors have assembled 1960–2012 infrastructure stock data from 145 countries to estimate the demand for infrastructure services in emerging markets and developing economies. This paper identifies that the required resource flows to satisfy new demand while maintaining service for existing...

Persistent link: https://www.econbiz.de/10012571612

The Cost of Road Infrastructure in Low and Middle Income Countries

Collier, Paul; Kirchberger, Martina; Söderbom, Måns - 2015

The connections between transport infrastructure and economic development have been extensively analyzed in previous research, but little is known about the cost of infrastructure investments in poor countries. This paper examines drivers of unit costs of construction and maintenance of...

Persistent link: https://www.econbiz.de/10012571618

Hukou and Highways : The Impact of China’s Spatial Development Policies on Urbanization and Regional Inequality

Bosker, Maarten; Deichmann, Uwe; Roberts, Mark J. - 2015

China has used two main spatial policies to shape its geographic patterns of development: restricted labor mobility through the Hukou residential registration system and massive infrastructure investment, notably a 96,000 kilometer national expressway network. This paper develops a structural...

Persistent link: https://www.econbiz.de/10012571778