Publication:
Private Participation in the Road Sector in Brazil : Recent Evolution and Next Steps

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dc.contributor.authorVéron, Adrien
dc.contributor.authorCellier, Jacques
dc.date.accessioned2014-03-28T15:21:27Z
dc.date.available2014-03-28T15:21:27Z
dc.date.issued2010-03
dc.description.abstractToday, Brazil has the second longest highway network under private concessions in the world. This paper analyzes Brazil's experience under the two first phases of the federal road concession program, and highlights some of the program's strengths and areas for further development. Despite the unfolding world financial and economic crisis, the potential for further private participation in the sector appears very good. This paper essentially argues that it may be time for Brazil to revamp its current models for private participation in the sector, which may soon reach their limit in terms of being able to meet efficiently the needs of a growing economy. In summary, Brazil could: 1) diversify its toll road model to allow for more innovative public-private partnership structures; 2) update its toll regulatory and contractual framework to overcome some of the design problems that have led to relatively inefficient tolling; 3) consolidate the institutional framework for road concessions to give a stabilized basis for further developments; 4) develop a policy framework adapted to the current Brazilian environment, taking into account the need to ensure harmonized levels of service and tolls across the country; and 5) adapt the sector financing framework to the rising capacity of private markets.en
dc.identifierhttp://documents.worldbank.org/curated/en/2010/03/12840727/private-participation-road-sector-brazil-recent-evolution-next-steps
dc.identifier.doi10.1596/17453
dc.identifier.urihttps://hdl.handle.net/10986/17453
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesTransport paper series;no. TP-30
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCELERATION
dc.subjectACCESS TO INFORMATION
dc.subjectACCIDENTS
dc.subjectALLOCATION OF RISK
dc.subjectALTERNATIVE ROUTE
dc.subjectASSET CONDITION
dc.subjectAUCTION
dc.subjectAUCTIONS
dc.subjectAUTOMOBILE
dc.subjectAVERAGE TARIFFS
dc.subjectAVERAGE TRAFFIC SPEEDS
dc.subjectAVERAGE TRAVEL SPEEDS
dc.subjectAXLES
dc.subjectBIDDING PROCESS
dc.subjectBOOK VALUE
dc.subjectBOTTLENECK
dc.subjectBRIDGE
dc.subjectBUDGET CONSTRAINTS
dc.subjectBUSES
dc.subjectCAPITAL COSTS
dc.subjectCAPITAL INVESTMENT
dc.subjectCAPITAL INVESTMENTS
dc.subjectCAPITAL MARKETS
dc.subjectCAPITAL WORKS
dc.subjectCAR
dc.subjectCARRIAGEWAY
dc.subjectCARS
dc.subjectCOLLECTION SYSTEMS
dc.subjectCOMPETITIVE BIDDING
dc.subjectCOMPETITIVE BIDDING PROCESS
dc.subjectCONCESSION CONTRACT
dc.subjectCONCESSION CONTRACTS
dc.subjectCONCESSION FRAMEWORK
dc.subjectCONCESSION MODEL
dc.subjectCONCESSIONAIRES
dc.subjectCONCESSIONS
dc.subjectCONGESTION
dc.subjectCONSTRUCTION
dc.subjectCONTRACT AWARD
dc.subjectCONTRACT DESIGN
dc.subjectCONTRACTUAL ARRANGEMENTS
dc.subjectCONTRACTUAL OBLIGATIONS
dc.subjectCOST OF CAPITAL
dc.subjectCOST OF ROAD USE
dc.subjectCOST OF TRANSPORT
dc.subjectCOST RECOVERY
dc.subjectCOSTS OF ROAD USE
dc.subjectCOSTS OF TRANSPORT
dc.subjectCOUNTRY RISK
dc.subjectDAILY TRIPS
dc.subjectDEMAND FOR TRANSPORT
dc.subjectDISCOUNT RATE
dc.subjectDRIVERS
dc.subjectDUAL CARRIAGEWAYS
dc.subjectDUE DILIGENCE
dc.subjectDUE DILIGENCE PROCESS
dc.subjectECONOMIC CRISIS
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectEXPENDITURES
dc.subjectEXPRESSWAY NETWORK
dc.subjectEXPROPRIATION
dc.subjectFINANCIAL EQUILIBRIUM
dc.subjectFINANCIAL PERFORMANCE
dc.subjectFINANCIAL RESPONSIBILITY
dc.subjectFINANCIAL RETURNS
dc.subjectFINANCIAL RISK
dc.subjectFINANCIAL RISKS
dc.subjectFINANCIAL VIABILITY
dc.subjectFIXED COSTS
dc.subjectFOOTBRIDGES
dc.subjectFOREIGN FIRMS
dc.subjectFUEL
dc.subjectFUEL PRICES
dc.subjectFUTURE CONCESSIONS
dc.subjectGENERATION
dc.subjectGLOBALIZATION
dc.subjectGOVERNMENT PAYMENTS
dc.subjectHEAVY VEHICLE
dc.subjectHEAVY VEHICLES
dc.subjectHIGHWAY
dc.subjectHIGHWAY CAPACITY
dc.subjectHIGHWAY NETWORK
dc.subjectHIGHWAY NETWORKS
dc.subjectHIGHWAY PROGRAM
dc.subjectHIGHWAYS
dc.subjectINCOME
dc.subjectINFRASTRUCTURE INVESTMENTS
dc.subjectINITIAL PRICES
dc.subjectINTERNAL RATE OF RETURN
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL COMPETITIVENESS
dc.subjectINTERURBAN ROAD
dc.subjectINVESTMENT COSTS
dc.subjectINVESTMENT GRADE
dc.subjectINVESTMENT OBLIGATIONS
dc.subjectINVESTMENT PROGRAM
dc.subjectINVESTMENT REQUIREMENTS
dc.subjectLAND ACQUISITION
dc.subjectLAND TRANSPORT
dc.subjectLANES
dc.subjectLOGISTICS COSTS
dc.subjectLONG DISTANCE
dc.subjectLONG DISTANCE TRAFFIC
dc.subjectLONG-DISTANCE
dc.subjectLOW TARIFFS
dc.subjectMAIN ROAD
dc.subjectMAIN ROADS
dc.subjectMAINTENANCE COSTS
dc.subjectMARGINAL COSTS
dc.subjectMINIMUM REVENUE GUARANTEE
dc.subjectMINISTRY OF TRANSPORT
dc.subjectMOTORWAYS
dc.subjectNATIONAL INFRASTRUCTURE
dc.subjectNATIONAL TRANSPORT
dc.subjectORIGINAL CONTRACT
dc.subjectPASSENGER
dc.subjectPASSENGER CARS
dc.subjectPASSENGERS
dc.subjectPAVEMENT
dc.subjectPAVEMENT STRUCTURE
dc.subjectPAVEMENTS
dc.subjectPAYMENT OBLIGATIONS
dc.subjectPERFORMANCE INDICATORS
dc.subjectPERFORMANCE TARGETS
dc.subjectPORTFOLIO
dc.subjectPOTHOLES
dc.subjectPOWER
dc.subjectPRESENT VALUE
dc.subjectPRIVATE CAPITAL
dc.subjectPRIVATE FINANCING
dc.subjectPRIVATE INVESTMENTS
dc.subjectPRIVATE OPERATORS
dc.subjectPUBLIC PARTICIPATION
dc.subjectPUBLIC PRIVATE PARTNERSHIPS
dc.subjectPUBLIC SECTOR
dc.subjectPUBLIC SECTOR PARTICIPATION
dc.subjectPUBLIC SPENDING
dc.subjectPUBLIC WORKS
dc.subjectRATE OF RETURN
dc.subjectRATE STRUCTURE
dc.subjectREGULATORY GOVERNANCE
dc.subjectRENEGOTIATION
dc.subjectRISK ALLOCATION
dc.subjectROAD
dc.subjectROAD CAPACITY
dc.subjectROAD CONCESSION
dc.subjectROAD CONCESSIONS
dc.subjectROAD CONDITIONS
dc.subjectROAD DEVELOPMENT
dc.subjectROAD INFRASTRUCTURE
dc.subjectROAD INVESTMENTS
dc.subjectROAD MAINTENANCE
dc.subjectROAD NETWORK
dc.subjectROAD PROJECTS
dc.subjectROAD QUALITY
dc.subjectROAD REHABILITATION
dc.subjectROAD SAFETY
dc.subjectROAD SECTOR
dc.subjectROAD SERVICES
dc.subjectROAD SURFACE
dc.subjectROAD TRANSPORT
dc.subjectROAD USER
dc.subjectROAD USERS
dc.subjectROADS
dc.subjectROADWAY
dc.subjectROUGHNESS
dc.subjectROUTE
dc.subjectROUTES
dc.subjectSECONDARY MARKET
dc.subjectSERVICE LEVELS
dc.subjectSHADOW TOLLS
dc.subjectSHARE OF REVENUES
dc.subjectSHARING
dc.subjectSPEED
dc.subjectSTOCK EXCHANGE
dc.subjectSTOCK EXCHANGE LISTING
dc.subjectSTREETS
dc.subjectSTRUCTURES
dc.subjectTARIFF REVISIONS
dc.subjectTARIFF STRUCTURE
dc.subjectTEMPERATURE
dc.subjectTENDER PROCESS
dc.subjectTHROUGH TRAFFIC
dc.subjectTOLL
dc.subjectTOLL COLLECTION
dc.subjectTOLL ESCALATION
dc.subjectTOLL PLAZA
dc.subjectTOLL PLAZAS
dc.subjectTOLL RATE FOR CARS
dc.subjectTOLL RATES
dc.subjectTOLL REVENUES
dc.subjectTOLL ROAD
dc.subjectTOLL ROAD CONCESSIONS
dc.subjectTOLL ROADS
dc.subjectTOLL STRUCTURE
dc.subjectTOLL SYSTEM
dc.subjectTOLLS
dc.subjectTRAFFIC
dc.subjectTRAFFIC DEMAND
dc.subjectTRAFFIC FORECASTS
dc.subjectTRAFFIC GROWTH
dc.subjectTRAFFIC LEVEL
dc.subjectTRAFFIC LEVELS
dc.subjectTRAFFIC RISK
dc.subjectTRAFFIC SAFETY
dc.subjectTRAFFIC VOLUME
dc.subjectTRAFFIC VOLUMES
dc.subjectTRAFFIC ­LEVELS
dc.subjectTRANSIT
dc.subjectTRANSPARENCY
dc.subjectTRANSPORT
dc.subjectTRANSPORT COSTS
dc.subjectTRANSPORT DEMAND
dc.subjectTRANSPORT INFRASTRUCTURE
dc.subjectTRANSPORT INVESTMENTS
dc.subjectTRANSPORT MODE
dc.subjectTRANSPORT PLANNING
dc.subjectTRANSPORT POLICIES
dc.subjectTRANSPORT REGULATION
dc.subjectTRANSPORT SECTOR
dc.subjectTRUCKS
dc.subjectTRUE
dc.subjectTUNNELS
dc.subjectUNDERPINNING
dc.subjectURBAN SPRAWL
dc.subjectURBAN TRAFFIC
dc.subjectUSER TARIFF
dc.subjectUTILITIES
dc.subjectUTILITY REGULATION
dc.subjectVEHICLE CATEGORY
dc.subjectVEHICLE TYPES
dc.subjectVIADUCTS
dc.subjectVOLUME OF TRAFFIC
dc.titlePrivate Participation in the Road Sector in Brazil : Recent Evolution and Next Stepsen
dc.title.alternativeParticipacao privada no setor rodoviario no Brasil Evolucao recente e proximos passos : adrien veron e jacques cellieren
dspace.entity.typePublication
okr.date.disclosure2010-10-07
okr.date.doiregistration2025-05-05T12:53:22.478379Z
okr.doctypePublications & Research::Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2010/03/12840727/private-participation-road-sector-brazil-recent-evolution-next-steps
okr.globalpracticeTransport and ICT
okr.globalpracticeFinance and Markets
okr.guid259831468230954650
okr.guid888541468229179974
okr.identifier.externaldocumentum000356161_20101007014638
okr.identifier.internaldocumentum12840727
okr.identifier.report56956
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2010/10/07/000356161_20101007014638/Rendered/PDF/569560NWP0Tran10Box353751B01PUBLIC1.pdfen
okr.region.administrativeLatin America & Caribbean
okr.region.countryBrazil
okr.sectorTransportation :: Roads and highways
okr.sectorPublic Administration, Law, and Justice :: General public administration sector
okr.topicInfrastructure Economics and Finance::Infrastructure Economics
okr.topicRoads and Highways
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicToll Roads
okr.topicTransport Economics Policy and Planning
okr.topicTransport
okr.volume1 of 1
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