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Alternatives to Infrastructure Privatization Revisited

2016
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Release : 2016
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Book Synopsis Alternatives to Infrastructure Privatization Revisited by : Jose A. Gomez-Ibanez

Download or read book Alternatives to Infrastructure Privatization Revisited written by Jose A. Gomez-Ibanez. This book was released on 2016. Available in PDF, EPUB and Kindle. Book excerpt: Frustration with the performance of State-owned enterprises (SOEs) has led to two rounds of reform: the first round, from the 1960s through the 1980s, attempted to improve SOE performance while maintaining public ownership while the second, beginning in the late 1980s, viewed privatization as the answer. Interest in the earlier round of reform has increased recently as controversy has slowed or halted privatization in many countries, especially for SOEs providing infrastructure services that are basic to everyday life and are thought to have elements of monopoly. This paper reexamines the earlier round of reforms, focusing particularly on efforts to increase the firms' capacity with infusions of human and physical capital, to strengthen managerial incentives through performance contracts and corporatization and to alter the mix of political and economic forces that impinge on the firm by strengthening the involvement of taxpayers, customers or private investors. The review suggests that these earlier approaches generated only modest success but that some of them, selectively applied, may be helpful in improving the performance of infrastructure firms that remain in public hands.

Alternatives to Infrastructure Privatization Revisited

2012
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Release : 2012
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Book Synopsis Alternatives to Infrastructure Privatization Revisited by : Jos?? A. G??mez-Ib????ez

Download or read book Alternatives to Infrastructure Privatization Revisited written by Jos?? A. G??mez-Ib????ez. This book was released on 2012. Available in PDF, EPUB and Kindle. Book excerpt: Frustration with the performance of State-owned enterprises (SOEs) has led to two rounds of reform: the first round, from the 1960s through the 1980s, attempted to improve SOE performance while maintaining public ownership while the second, beginning in the late 1980s, viewed privatization as the answer. Interest in the earlier round of reform has increased recently as controversy has slowed or halted privatization in many countries, especially for SOEs providing infrastructure services that are basic to everyday life and are thought to have elements of monopoly. This paper reexamines the earlier round of reforms, focusing particularly on efforts to increase the firms' capacity with infusions of human and physical capital, to strengthen managerial incentives through performance contracts and corporatization and to alter the mix of political and economic forces that impinge on the firm by strengthening the involvement of taxpayers, customers or private investors. The review suggests that these earlier approaches generated only modest success but that some of them, selectively applied, may be helpful in improving the performance of infrastructure firms that remain in public hands.

Alternatives to Infrastructure Privatization Revisited

2007 Capital market
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Release : 2007
Genre : Capital market
Kind : eBook
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Book Synopsis Alternatives to Infrastructure Privatization Revisited by : Jose A. Gomez-Ibanez

Download or read book Alternatives to Infrastructure Privatization Revisited written by Jose A. Gomez-Ibanez. This book was released on 2007. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: Frustration with the performance of State-owned enterprises (SOEs) has led to two rounds of reform: the first round, from the 1960s through the 1980s, attempted to improve SOE performance while maintaining public ownership while the second, beginning in the late 1980s, viewed privatization as the answer. Interest in the earlier round of reform has increased recently as controversy has slowed or halted privatization in many countries, especially for SOEs providing infrastructure services that are basic to everyday life and are thought to have elements of monopoly. This paper reexamines the earlier round of reforms, focusing particularly on efforts to increase the firms' capacity with infusions of human and physical capital, to strengthen managerial incentives through performance contracts and corporatization and to alter the mix of political and economic forces that impinge on the firm by strengthening the involvement of taxpayers, customers or private investors. The review suggests that these earlier approaches generated only modest success but that some of them, selectively applied, may be helpful in improving the performance of infrastructure firms that remain in public hands.

Public-Private Partnerships in Sub-Saharan Africa

2020-04-29 Business & Economics
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Release : 2020-04-29
Genre : Business & Economics
Kind : eBook
Book Rating : 344/5 ( reviews)

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Book Synopsis Public-Private Partnerships in Sub-Saharan Africa by : James Leigland

Download or read book Public-Private Partnerships in Sub-Saharan Africa written by James Leigland. This book was released on 2020-04-29. Available in PDF, EPUB and Kindle. Book excerpt: Expectations are high regarding the potential benefits of public-private partnerships (PPPs) for infrastructure development in low-income countries. The development community, led by the G20, the United Nations, and others, expects these partnerships between goverments and private companies in infrastructure service provision to aid "transformational" mega-projects, as well as efforts to achieve the Sustainable Development Goals. Yet PPPs have been widely used only since the 1990s, and discussion of their efficacy is still dominated by best-practice guidance, academic studies that focus on developed countries, or ideological criticism. Meanwhile, practitioners have quietly accumulated a large body of empirical evidence on the actual performance of PPPs. The purpose of this book is to summarize and consolidate what this critical mass of evidence-based research indicates about PPPs in low-income countries, and thereby develop a more realistic perspective on the practical value of these mechanisms. With a primary focus on Sub-Saharan Africa, though drawing on critical insights from other regions, it demonstrates that the benefits of such partnerships will only be realised if expectations remain modest and projects are subject to transparent evaluation and competition.

Major Infrastructure Projects

2017-09-16 Technology & Engineering
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Release : 2017-09-16
Genre : Technology & Engineering
Kind : eBook
Book Rating : 864/5 ( reviews)

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Book Synopsis Major Infrastructure Projects by : Edward Ochieng

Download or read book Major Infrastructure Projects written by Edward Ochieng. This book was released on 2017-09-16. Available in PDF, EPUB and Kindle. Book excerpt: In this unique and comprehensive textbook, the authors examine the challenges faced all around the world with regard to major infrastructure project management, and they champion a fresh approach that takes into account the interdependencies between economic, social, political, technological and legislative environments. Managing, developing and investing in crucial infrastructure is essential to keep up with the challenges of a fast-paced and globalised world, but affecting and overseeing change requires a deep understanding of complex interlocking systems. To this end the book is neatly divided into three key parts: project appraisal, maximising integrated supply chains, and implementing value-enhancing practices. This is the ideal companion for courses on any aspect of civil engineering and construction project management including modules in infrastructure planning, infrastructure management, construction management and business management. The book will also appeal to practitioners involved in the management of capital and infrastructure projects.

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