Transaction Costs in Private Infrastructure Projects - Are They Too High?

Klein, Michael; So, Jae; Shin, Ben

collection.link.196	https://openknowledge.worldbank.org/handle/10986/9427
collection.name.196	Viewpoint
dc.contributor.author	Klein, Michael
dc.contributor.author	So, Jae
dc.contributor.author	Shin, Ben
dc.date.accessioned	2012-08-13T15:31:02Z
dc.date.available	2012-08-13T15:31:02Z
dc.date.issued	1996-10
dc.date.lastModified	2021-06-14T11:04:19Z
dc.description.abstract	While the number of private infrastructure projects continues to grow, tales of endless delays and exorbitant development costs still scare both developers and governments. The authors show that these costs are related not to project size but to the characteristics of the policy environment. As governments gain experience and clarify policy, these costs will inevitably fall.	en
dc.identifier	http://documents.worldbank.org/curated/en/1996/10/693106/transaction-costs-private-infrastructure-projects-too-high
dc.identifier.citation	Viewpoint. -- Note no. 95 (October 1996)
dc.identifier.uri	http://hdl.handle.net/10986/11605
dc.language	English
dc.publisher	World Bank, Washington, DC
dc.relation.ispartofseries	Viewpoint
dc.rights	CC BY 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	http://creativecommons.org/licenses/by/3.0/igo/
dc.subject	ADVISORY FEES
dc.subject	AUDITING
dc.subject	BALANCE SHEET
dc.subject	BANKS
dc.subject	FINANCIAL CLOSURE
dc.subject	INTEREST RATES
dc.subject	INVESTMENT BANKERS
dc.subject	LAWS
dc.subject	LEGISLATION
dc.subject	PRIVATE FINANCE
dc.subject	PRIVATE FINANCING
dc.subject	PRIVATE INVESTORS
dc.subject	PRIVATE PARTICIPATION
dc.subject	PRIVATE SECTOR
dc.subject	PROJECT FINANCE
dc.subject	REVENUE SHARING
dc.subject	SAVINGS
dc.subject	SOVEREIGN GUARANTEE
dc.subject	TRANSACTION COSTS
dc.subject	WATER SUPPLY DENATIONALIZATION
dc.subject	INFRASTRUCTURE
dc.subject	INFORMATION DISSEMINATION
dc.subject	COSTS
dc.subject	UNCERTAINTY
dc.subject	PRIVATE SECTOR
dc.subject	PRIVATE INFRASTRUCTURE
dc.subject	TRANSACTION COSTS
dc.title	Transaction Costs in Private Infrastructure Projects - Are They Too High?	en
okr.doctype	Publications & Research :: Viewpoint
okr.doctype	Publications & Research
okr.docurl	http://documents.worldbank.org/curated/en/1996/10/693106/transaction-costs-private-infrastructure-projects-too-high
okr.globalpractice	Poverty
okr.globalpractice	Social, Urban, Rural and Resilience
okr.globalpractice	Governance
okr.globalpractice	Finance and Markets
okr.globalpractice	Health, Nutrition, and Population
okr.globalpractice	Water
okr.googlescholar.linkpresent	yes
okr.identifier.externaldocumentum	090224b0854aa78b_2_0
okr.identifier.internaldocumentum	693106
okr.identifier.report	16884
okr.language.supported	en
okr.pdfurl	http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2000/10/24/000009265_3980420172700/Rendered/PDF/multi_page.pdf	en
okr.topic	Urban Development :: Municipal Financial Management
okr.topic	Health Economics and Finance
okr.topic	Urban Development :: Urban Services to the Poor
okr.topic	Banks and Banking Reform
okr.topic	Water Supply and Sanitation :: Water Supply and Sanitation Finance
okr.topic	Finance and Financial Sector Development
okr.topic	Health, Nutrition and Population
okr.unit	Off of VP
okr.unit	FPD&IFC Chief Econ-WB (FPDVP)
okr.volume	1 of 1

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Transaction Costs in Private Infrastructure Projects - Are They Too High?

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Bidding for Concessions : The Impact of Contract Design

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The Belt and Road Initiative : Economic, Poverty and Environmental Impacts

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Inventories, Input Costs, and Productivity Gains from Trade Liberalizations

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