1.

Record Nr.

UNINA9910959634303321

Autore

Baietti Aldo

Titolo

Choices for efficient private provision of infrastructure in East Asia / / edited by Harinder Kohli, Ashoka Mody, Michael Walton

Pubbl/distr/stampa

Washington, D.C. : , : World Bank, , c1997

ISBN

1-280-01820-8

9786610018208

0-585-26522-4

Edizione

[1st ed.]

Descrizione fisica

v, 104 pages : illustrations ; ; 27 cm

Disciplina

363/.0954

Soggetti

Infrastructure (Economics) - East Asia

Privatization - East Asia

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Bibliographic Level Mode of Issuance: Monograph

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Intro -- Contents -- Foreword -- Abstract -- Overview -- The Economic Context -- Private Participation in Infrastructure -- LESSONS FROM THE CRISIS: HOW SHOULD THE COUNTRIES RESPOND? -- Notes -- Annex Country Profiles -- Annex Notes -- References.

Sommario/riassunto

Much is expected of private financing to help meet the infrastructure requirements of the rapidly growing East Asian economies. Although private financing grew briskly during the 1990s, it represents only a small share of all infrastructure investment in the region (between 12 and 18 percent). This monograph draws on experience in a number of countries in East Asia, as well as Australia, Chile, and India, to analyze the impediments to and prospects for private financing of infrastructure. The chapters discuss the choices available to policymakers and the strategies that governments have followed. An overview chapter describes recent trends in international financing of infrastructure projects in the region, discusses the key policy and institutional impediments to greater private participation, and assesses the role of domestic capital markets and finance. It also outlines a national and regional strategy for stimulating private investment in infrastructure. The case studies from countries outside East Asia illustrate the payoffs of increased integration and concerted moves



toward private provision of infrastructure.