Publication: Infrastructure Policy : Basic Design Options
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2012-11
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2013-01-04
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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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“Klein, Michael. 2012. Infrastructure Policy : Basic Design Options. Policy Research Working Paper; No. 6274. © World Bank. http://hdl.handle.net/10986/12119 License: CC BY 3.0 IGO.”
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