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Gine De Rus - Privatization and Regulation of Transport Infrastructure: Guidelines for Policymakers and Regulators (Wbi Development Studies)

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    Privatization and Regulation of Transport Infrastructure: Guidelines for Policymakers and Regulators (Wbi Development Studies)
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The 1990s saw a dramatic increase in the liberalization of transport policies and a strengthening of the role of private operators and investors in transport infrastructure worldwide. This increased private sector participation has often reflected changing ideologies about the role of the state and dissatisfaction with publicly provided services. In general, the main driving force behind seeking private sector financing has been the pressure imposed on governments by lasting fiscal crises. This change in sources of finance is also providing an opportunity to restructure the sector in an attempt to improve its efficiency and sustain these improvements. Most reforming countries are creating new regulatory agencies or units to implement economic regulation. As they do so, the governments encounter more challenges than anticipated. A major obstacle is the lack of technical skills among the civil servants who staff the regulatory agencies. This volume aims to develop these regulatory skills. It takes stock of what practitioners and academics know about the major challenges that governments are likely to face in taking on their new role in the transport sector. This book has two parts. The first provides an overview of economic theories on economic regulation and introduces potential regulators to some of the key underlying concepts. The second part covers four subsectors: airports, ports, railways, and roads. Each chapter can stand apart from the rest of the book and be read on its own; but to facilitate comparisons across subsectors, they all follow the same structure.

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title Privatization and Regulation of Transport Infrastructure - photo 1

title:Privatization and Regulation of Transport Infrastructure : Guidelines for Policymakers and Regulators WBI Development Studies
author:Estache, Antonio.
publisher:World Bank
isbn10 | asin:0821347217
print isbn13:9780821347218
ebook isbn13:9780585358796
language:English
subjectTransportation--Planning, Transportation and state, Transportation--Deregulation, Privatization, Competition.
publication date:2000
lcc:HE193.P73 2000eb
ddc:388
subject:Transportation--Planning, Transportation and state, Transportation--Deregulation, Privatization, Competition.
Privatization and Regulation of Transport Infrastructure
Other WBI Development Studies
(In order of publication)
Principles of Health Economics for Developing Countries
William Jack
Chile: Recent Policy Lessons and Emerging Challenges
Edited by Guillermo Perry and Danny M. Leipziger
Curbing Corruption: Toward a Model for Building National Integrity
Edited by Rick Stapenhurst and Sahr J. Kpundeh
Resetting Price Controls for Privatized Utilities:
A Manual for Regulators
Richard Green and Martin Rodriguez Pardina
Preventing Bank Crises: Lessons from Recent Global Bank Failures
Edited by Gerard Caprio, Jr., William C. Hunter, George G. Kaufman, and Danny M. Leipziger
Enterprise Restructuring and Unemployment in Models of Transition
Edited by Simon Commander
Poverty in Russia: Public Policy and Private Responses
Edited by Jeni Klugman
Enterprise Restructuring and Economic Policy in Russia
Edited by Simon Commander, Qimiao Fan, and Mark E. Schaffer
Infrastructure Delivery: Private Initiative and the Public Good
Edited by Ashoka Mody
Trade, Technology, and International Competitiveness
Irfan ul Haque
Corporate Governance in Transitional Economies:
Insider Control and the Role of Banks
Edited by Masahiko Aoki and Hyung-Ki Kim
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Continued on inside back cover
Page i
Privatization and Regulation of Transport Infrastructure
Guidelines for Policymakers and Regulators
WBI Development Studies
Edited by
Antonio Estache
Gins de Rus
Privatization and Regulation of Transport Infrastructure Guidelines for Policymakers and Regulators Wbi Development Studies - image 2
Page ii
Copyright 2000
The International Bank for Reconstruction
and Development/THE WORLD BANK
1818 H Street, N.W.
Washington, D.C. 20433, U.S.A.
All rights reserved
Manufactured in the United States of America
First printing June 2000
The World Bank Institute (formerly the Economic Development Institute) was established by the World Bank in 1955 to train officials concerned with development planning, policymaking, investment analysis, and project implementation in member developing countries. At present the substance of WBI's work emphasizes macroeconomic and sectoral policy analysis. Through a variety of courses, seminars, and workshops, most of which are given overseas in cooperation with local institutions, WBI seeks to sharpen analytical skills used in policy analysis and to broaden understanding of the experience of individual countries with economic development. Although WBI's publications are designed to support its training activities, many are of interest to a much broader audience.
This report has been prepared by the staff of the World Bank. The judgments expressed do not necessarily reflect the views of the Board of Executive Directors or of the governments they represent.
The material in this publication is copyrighted. The World Bank encourages dissemination of its work and will normally grant permission promptly.
Permission to photocopy items for internal or personal use, for the internal or personal use of specific clients, or for educational classroom use, is granted by the World Bank, provided that the appropriate fee is paid directly to the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, U.S.A., telephone 978-750-8400, fax 978-750-4470. Please contact the Copyright Clearance Center before photocopying items.
For permission to reprint individual articles or chapters, please fax your request with complete information to the Republication Department, Copyright Clearance Center, fax 978-750-4470.
All other queries on rights and licenses should be addressed to the World Bank at the address above or faxed to 202-522-2422.
The backlist of publications by the World Bank is shown in the annual Index of Publications, which is available from the Office of the Publisher.
Antonio Estache is principal economist in the World Bank Institute's Governance, Regulation, and Finance Division.
Gins de Rus is a professor at the Universidad de las Palmas de Gran Canaria in Spain.
For information on the Regulatory Reform and Competition program at the World Bank Institute, visit: http://www.worldbank.org/wbi/regulation/books.htm .
Library of Congress Cataloging-in-Publication Data
Privatization and regulation of transport infrastructure: guidelines for policymakers and
regulators/edited by Antonio Estache, Gins de Rus.
p. cm.(WBI development studies)
Includes bibliographical references.
ISBN 0-8213-4721-7
1. TransportationPlanning. 2. Transportation and state. 3.
TransportationDeregulation. 4. Privatization. 5. Competition. I. Estache, Antonio. II.
Rus, Gins de. III. Series.
HE193.P73 2000
388dc21 00-036493
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