Accounting For Infrastructure Regulation PDF Download
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Author | : Martin Rodriguez Pardina |
Publisher | : World Bank Publications |
Total Pages | : 240 |
Release | : 2008 |
Genre | : Business & Economics |
ISBN | : 0821371800 |
Download Accounting for Infrastructure Regulation Book in PDF, ePub and Kindle
This title provides a practical guide for regulators, policy-makers, and utility managers for establishing regulatory accounts that can be the cornerstone for better, more complete, and more reliable information. It sets out the essential accounting features of regulatory accounts and provides practical guidance on controversial areas such as cost allocation, asset valuation, and depreciation. It emphasizes the essential requirements for consistency with Generally Accepted Accounting Principles (GAAP).
Author | : Robert M. Townsend |
Publisher | : MIT Press |
Total Pages | : 241 |
Release | : 2020-10-06 |
Genre | : Business & Economics |
ISBN | : 0262361205 |
Download Distributed Ledgers Book in PDF, ePub and Kindle
An economic analysis of what distributed ledgers can do, examining key components and discussing applications in both developed and emerging market economies. Distributed ledger technology (DLT) has the potential to transform economic organization and financial structure. In this book, Robert Townsend steps back from the hype and controversy surrounding DLT (and the related, but not synonymous, innovations of blockchain and Bitcoin) to offer an economic analysis of what distributed ledgers can do. Townsend examines the key components of distributed ledgers, discussing, evaluating, and illustrating each in the context of historical and contemporary economics, and reviewing featured applications in both developed economies and emerging-market countries.
Author | : Antonio Estache |
Publisher | : |
Total Pages | : 24 |
Release | : 2016 |
Genre | : |
ISBN | : |
Download Information, Accounting, and the Regulation of Concessioned Infrastructure Monopolies Book in PDF, ePub and Kindle
Information that private operators of infrastructure monopolies provide regulators can and should be used to address technical issues and monitor performance. But to reduce the risk of abusive behavior, the information should also be used to make both regulators and concessionaires accountable - for example, for passing any cost reductions along to consumers.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 gains and the size and timing of future investment plans. Over time, the regulator must increase its information base so that regulatory targets become more realistic - but this is a costly process.Burns and Estache examine the ways such information can and should be generated, especially through the accounting requirements a regulator can impose on private operators of infrastructure concessions. (They view concessioning and regulation as complementary, not substitute, activities.) Concessionaires should provide regulators with the information they need to:Compare outcomes with expectations.Evaluate the cost of adverse shocks that may warrant relaxed regulation.Evaluate whether lower costs than expected are the result of better performance or diminished output.Properly evaluate the asset base and charge for the consumption of capital.Information that regulators get from private operators of infrastructure monopolies should be used to make both regulators and concessionaires accountable. In Chile, for example, the privatization of monopolies led to significant efficiency gains, but it took a long time for these gains to be passed on to users because neither the firms nor the regulators were held accountable - until Congress expressed reluctance to endorse further privatization because earlier waves of privatization had not benefited consumers. In other words, information should be used to make regulatory decisions more transparent and to reduce the risk of the private providers capturing the regulators.This paper - a product of the Regulatory Reform and Private Enterprise Division, Economic Development Institute - is part of a larger effort in the institute to increase understanding of the importance of regulation for the success of infrastructure privatization.
Author | : Tommaso M. Valletti |
Publisher | : World Bank Publications |
Total Pages | : 36 |
Release | : 2001 |
Genre | : Competition |
ISBN | : |
Download The Theory of Access Pricing Book in PDF, ePub and Kindle
Author | : Antonio Estache |
Publisher | : World Bank Publications |
Total Pages | : 136 |
Release | : 2002 |
Genre | : Political Science |
ISBN | : 9780821350393 |
Download Accounting for Poverty in Infrastructure Reform Book in PDF, ePub and Kindle
Annotation This book provides practical guidelines and options for infrastructure reform that result in access and affordability for the poor. It includes a new model for reform that consists of three main components - policies, regulation, and provision which when properly balanced minimize the risks associated with reform.
Author | : Darryl S. L. Jarvis |
Publisher | : World Scientific |
Total Pages | : 622 |
Release | : 2011 |
Genre | : Political Science |
ISBN | : 9814335738 |
Download Infrastructure Regulation Book in PDF, ePub and Kindle
Regulation of public infrastructure has been a topic of interest for more than a century. Yet, little is known about what works and why, when it comes to infrastructure regulation. This book intends to contribute to the understanding of infrastructure regulations by analyzing empirical cases in telecommunications, electricity and water, with examples drawn from a number of countries in Asia and beyond. The book addresses the following questions: Does regulation work? What kind of regulation works? What kinds don't work? Why do some forms of regulation work and not others? How do we know whether they work or not? How do we isolate the effects of different political, economic and legal contexts? Are there systematic differences across infrastructure sectors that necessitate particular regulatory design? It brings together distinguished scholars and practitioners who are experts in the area to address essential issues in regulation through conceptual and empirical studies.
Author | : |
Publisher | : |
Total Pages | : 200 |
Release | : 1995 |
Genre | : Local transit |
ISBN | : |
Download Uniform System of Accounts (USOA) Book in PDF, ePub and Kindle
Author | : Ashley C. Brown |
Publisher | : World Bank Publications |
Total Pages | : 422 |
Release | : 2006-01-01 |
Genre | : Business & Economics |
ISBN | : 0821365800 |
Download Handbook for Evaluating Infrastructure Regulatory Systems Book in PDF, ePub and Kindle
More than 200 new infrastructure regulators have been created around the world in the last 15 years. They were established to encourage clear and sustainable long-term economic and legal commitments by governments and investors to encourage new investment to benefit existing and new customers. There is now considerable evidence that both investors and consumers-the two groups that were supposed to have benefited from these new regulatory systems-have often been disappointed with their performance. The fundamental premise of this book is that regulatory systems can be successfully reformed only if there are independent, objective and public evaluations of their performance. Just as one goes to a medical doctor for a regular health checkup, it is clear that infrastructure regulation would also benefit from periodic checkups. This book provides a general framework as well as detailed practical guidance on how to perform such "regulatory checkups."
Author | : Phils Burns |
Publisher | : |
Total Pages | : 23 |
Release | : 1999 |
Genre | : Monopolios |
ISBN | : |
Download Information accounting and the regulation of concessiones infrastructure monopolies Book in PDF, ePub and Kindle
Author | : Ioannis Nicolaos Kessides |
Publisher | : World Bank Publications |
Total Pages | : 328 |
Release | : 2004 |
Genre | : Business & Economics |
ISBN | : |
Download Reforming Infrastructure Book in PDF, ePub and Kindle
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.