A methodology for measuring the cost of capital, calculating the measure of market risk, and estimating the impact of various regulatory regimes on market risk in the transport sector.In reviewing contracts, establishing price limits, or arbitrating conflicts, regulatory agencies and policy...

Although the link between improved infrastructure services and economic growth is uncertain, it is clear that reforms aimed at creating competition and regulating natural monopolies establish an environment conducive to private sector participation, incentives for companies to strive for...

The paper uses the analysis of the main regulatory problems in Argentina’s privatised railways to illustrate the importance of regulatory processes for the long run sustainability of privatisation strategies. Although many of the conflicts have been magnified by the recent crisis, we...