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Privatization and regulation of transport infrastructure in the 1990s - successes...and bugs to fix for the next millennium

Estache, Antonio - Economics Research, World Bank Group - 1999

Governments should increasingly be able to rely on the private sector for help supporting (and financing) the transport sector - especially infrastructure support services for which there is heavy demand - but first they must improve their regulatory tools and sort out the institutional mess...

Persistent link: https://www.econbiz.de/10005128600

Processes, information, and accounting gaps in the regulation of Argentina's private railways

Campos-Mendez, Javier; Estache, Antonio; Trujillo, Lourdes - Economics Research, World Bank Group - 2001

Almost a decade after Argentina began privatizing its railways, resolution of conflicts between regulators, users, and operators continues to take longer, and to be more difficult, than expected. The authors contend that many of these conflicts arose because there are no rules for interactions...

Persistent link: https://www.econbiz.de/10005128686

Infrastructure services in developing countries : access, quality, costs and policy reform

Briceno-Garmendia, Cecilia; Estache, Antonio; Shafik, Nemat - Economics Research, World Bank Group - 2004

The authors review the evidence on the state of infrastructure in the developing world, emphasizing the investment needs and the emerging policy issues. While their assessment is seriously constrained by data gaps, they provide useful insights on the main challenges ahead, emphasizing that, in...

Persistent link: https://www.econbiz.de/10005128913

Information, accounting, and the regulation of concessioned infrastructure monopolies

Burns, Phil; Estache, Antonio - Economics Research, World Bank Group - 1998

Economists often characterize the regulation of monopolies as a"game"(between the regulator and the service provider) in which the two players do not share the same information. The regulator is assumed to have poorer information than the service provider about the scope of future efficiency...

Persistent link: https://www.econbiz.de/10005129119

Macroeconomics effects of private sector participation in Latin America's infrastructure

Trujillo, Lourdes; Martin, Noelia; Estache, Antonio; … - Economics Research, World Bank Group - 2002

The authors provide empirical evidence on the impact that private participation in infrastructure has had on key macroeconomic variables in a sample of 21 Latin American countries from 1985-98. Specifically, they look at the effects on GDP per capita, current public expenditures, public...

Persistent link: https://www.econbiz.de/10005133420

Does decentralization increase spending on public infrastructure?

Estache, Antonio; Sinha, Sarbajit - Economics Research, World Bank Group - 1995

- decentralization is the most effective way to deliver service. Those services have been decentralized in many countries, and many … decentralization affected spending levels on infrastructure? The outcome reflects the net outcome of opposing effects. Spending … decentralization makes spending more of less efficient. Among the conclusions they offer the following. First, decentralization tends …

Persistent link: https://www.econbiz.de/10005133563

How concentrated are global infrastructure markets?

Benitez, Daniel; Estache, Antonio - Economics Research, World Bank Group - 2005

In infrastructure, the possibility of a positive relationship between operators'profitability and the degree of concentration is a major political issue in view of the wide diversity of feelings about the potential role of the private sector. This is particularly important in view of (i) the...

Persistent link: https://www.econbiz.de/10005134074

Utility privatization and the needs of the poor in Latin America - Have we learned enough to get it right?

Estache, Antonio; Gomez-Lobo, Andres; Leipziger, Danny - Economics Research, World Bank Group - 2000

Efforts to reform utilities can affect poor households in varied, often complex, ways, but it is by no means certain that such reform will hurt vulnerable households. Many myths have been perpetuated in discussions of utility reform - and in many cases poor households have benefited from reform....

Persistent link: https://www.econbiz.de/10005134209

The long and winding path to private financing and regulation of toll roads

Estache, Antonio; Romero, Manuel; Strong, John - Economics Research, World Bank Group - 2000

Road transport has long been the dominant form of transport for freight and passenger movement throughout the world. Because most road projects require investments with long amortization periods and because many projects do not generate enough demand to become self-financing through some type of...

Persistent link: https://www.econbiz.de/10005134365

PPI partnerships versus PPI divorces in developing countries (or are we switching from PPPI to PPDI?)

Estache, Antonio - Economics Research, World Bank Group - 2005

Thirty years ago, in 1974, Chile launched the first large-scale privatization in a developing country. About 15 years later, Argentina provided a new model of global infrastructure management. Since then a variety of public-private partnerships in infrastructure have been adopted throughout the...

Persistent link: https://www.econbiz.de/10005141592