Infrastructure policy : basic design options, Vol. 1 of 1

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Infrastructure policy : basic design options

Author:	Klein, Michael;	Collection Title:	Policy Research working paper ; no. WPS 6274
Country:	World;	Date Stored:	2012/11/21
Document Date:	2012/11/01	Document Type:	Policy Research Working Paper
Language:	English	Region:	The World Region
Report Number:	WPS6274	SubTopics:	Markets and Market Access; Economic Theory & Research; Emerging Markets; Debt Markets; Infrastructure Economics
Volume No:	1 of 1

Summary: The paper lays out basic design options for infrastructure policy. It first sketches mechanisms to asses demand. Then it sets out a hierarchy of issues starting with choice of market structure followed by conduct regulation. Ownership options are largely a function of market structure choices. The implications for finance -- the topic of much day-to-day discussion in infrastructure policy-making -- follow from these various prior choices. The discussion naturally circumscribes the role for so-called public-private partnerships -- their uses and pitfalls. Annexes provide checklists for choices of market structure and for diagnosing and benchmarking policies.


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