Argentinas Transport Privatization And Re Regulation PDF Download
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Author | : Antonio Estache |
Publisher | : World Bank Publications |
Total Pages | : 30 |
Release | : 1999 |
Genre | : Airport |
ISBN | : |
Download Argentina's Transport Privatization and Re-regulation Book in PDF, ePub and Kindle
"Argentina's policy for reform of the transport sector has been a mix of competition in the market and, through concessions, for the market. Capacity has increased, demand has grown, and prices and services have improved. Public financing has not been eliminated but it has been drastically reduced"--Cover.
Author | : Antonio Estache |
Publisher | : |
Total Pages | : 24 |
Release | : 2016 |
Genre | : |
ISBN | : |
Download Argentina's Transport Privatization and Re-Regulation Book in PDF, ePub and Kindle
Argentina's policy for reform of the transport sector has been a mix of competition in the market and, through concessions, for the market. Capacity has increased, demand has grown, and prices and services have improved. Public financing has not been eliminated but it has been drastically reduced.When Argentina initiated reform of its transport sector in 1989, it had few models to follow. It was the first Latin American country to privatize its intercity railroad, to explicitly organize intraport competition, and to grant a private concession to operate its subway. It was second (after Japan) to privatize its urban commuter railways and one of the first in the developing world to grant road concessions to private operators.Argentina's experience shows that transport privatization and deregulation provide efficiency gains that can be delivered to users. Despite unexpectedly high residual subsidy requirements, fiscal costs are lower, services have improved, and new investment is taking place. Argentina's decade-long experience shows that the reform process involves learning by doing. Inexperienced new regulators quickly face the challenges in controlling monopoly power and providing long-run incentives for private investment. Designing sustainable reform requires a commitment by government to minimize its role in the sector and to respect its original promises to both users and concessionaires. Argentina has learned the importance of building up the regulatory capacity needed to monitor contracts, especially when initial uncertainty about demand and cost conditions is strong and renegotiation is the probable outcome of daring reform.The government's main challenge in monitoring contracts is to get enough information to reach a balance in its decisions about distributing efficiency gains fairly between consumers and private investors. This is one area in which Argentina may not yet have met the challenge. As the last wave of contract extensions in rail and roads comes to an end, one issue is likely to be the need for better targeting of subsidies for the poor.This paper - a product of Governance, Regulation, and Finance, World Bank Institute - is part of a larger effort in the institute to increase understanding of infrastructure regulation.
Author | : World Bank. Latin America and the Caribbean, Country Dept. I. Infrastructure and Urban Development Division |
Publisher | : |
Total Pages | : 82 |
Release | : 1996 |
Genre | : Infrastructure (Economics) |
ISBN | : |
Download Argentina Transport Privatization and Regulation Book in PDF, ePub and Kindle
Author | : Antonio Estache |
Publisher | : World Bank Publications |
Total Pages | : 324 |
Release | : 2000-01-01 |
Genre | : Business & Economics |
ISBN | : 9780821347218 |
Download Privatization and Regulation of Transport Infrastructure Book in PDF, ePub and Kindle
The 1990s saw an increase in the liberalisation of transport policies and a strengthening of the role of private operators and investors in transport infrastructure worldwide. The search for sustained improvement in efficiency is probably secondary to the need to find additional financing, but it is improvement in services that is at the core of the new role of the government in transport. Governments must now become fair economic regulators of many of the privately operated transport services and infrastructures. This book examines the major challenges that governments are likely to face in taking on their new role in transport.
Author | : World Bank. Latin America and the Caribbean Regional Office. Infrastructure Operations Division |
Publisher | : |
Total Pages | : 62 |
Release | : 1996 |
Genre | : Local transit |
ISBN | : |
Download Argentina : Transport Privatization and Regulation : the Next Wave of Challenges Book in PDF, ePub and Kindle
Author | : Antonio Estache |
Publisher | : |
Total Pages | : 23 |
Release | : 1999 |
Genre | : |
ISBN | : |
Download Argentina's Transport Privatization and Re-gulation Book in PDF, ePub and Kindle
Author | : Antonio Estache |
Publisher | : World Bank Publications |
Total Pages | : 44 |
Release | : 1999 |
Genre | : Capital costs |
ISBN | : |
Download Privatization and Regulation of Transport Infrastructure in the 1990s Book in PDF, ePub and Kindle
"Learning to regulate fairly, effectively, and at arm's length may be the main challenge governments face in attracting private investment and financing to the transport sector"--Cover.
Author | : José A. Gómez-Ibáñez |
Publisher | : Harvard University Press |
Total Pages | : 488 |
Release | : 2003-09-15 |
Genre | : Business & Economics |
ISBN | : 0674263901 |
Download Regulating Infrastructure Book in PDF, ePub and Kindle
This wide-ranging study of urban infrastructure “offers a series of fascinating arguments” in favor of market-oriented approaches to regulation (Times Higher Education Supplement). In the 1980s and ‘90s, many countries turned to the private sector to provide infrastructure and utilities—such as gas, telephones, and highways—with the idea that market-based incentives would control costs and improve the quality of essential services. But high-profile failures have since raised troubling questions about privatization. This book addresses one of the most vexing of these: how can government fairly and effectively regulate “natural monopolies”—those infrastructure and utility services whose technologies make competition impractical? Mapping out various approaches to regulation, José Gómez-Ibáñez draws on a wealth of case studies, as well as history, politics, and economics. He makes a strong case for favoring market-oriented and contractual approaches over those that grant more discretion to government regulators. He shows how contracts can provide stronger protection for infrastructure customers and suppliers—and greater opportunities to tailor services to their mutual advantage. At the same time, he highlights scenarios where alternative schemes may be needed.
Author | : Ioannis Nicolaos Kessides |
Publisher | : World Bank Publications |
Total Pages | : 325 |
Release | : |
Genre | : Business & Economics |
ISBN | : 0821350706 |
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.
Author | : J. Luis Guasch |
Publisher | : World Bank Publications |
Total Pages | : 478 |
Release | : 1999-01-01 |
Genre | : Political Science |
ISBN | : 9780821347591 |
Download Managing the Regulatory Process Book in PDF, ePub and Kindle
'...developing countries, complementing their far-reaching privatization programs, are engaged in deregulating various sectors of their economies and devising new regulatory frameworks for others, particularly the utilities sectors.' As economies become more open, pressures on countries to become more competitive drive the call for regulatory reform to reduce costs and foster increased productivity, competitiveness, and growth. This report provides an overview of the costs and benefits of regulation throughout the world. It provides case histories of regulation in different countries, developed and developing and in various sectors, such as, transportation, utilities, and power. It presents different strategies that were employed. Furthermore, it identifies lessons learned and lays the foundations for a best practice scenario for other countries to adopt. While the challenges to regulatory reform are considerable, so are the efforts that developing countries are making to face them. These lessons, when properly adapted to each country's own environment, can significantly increase the likelihood of effective regulation.