Publication: Transaction Costs in Private Infrastructure Projects - Are They Too High?
Date
1996-10
ISSN
Published
1996-10
Author(s)
Klein, Michael
So, Jae
Shin, Ben
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.
Citation
“Klein, Michael; So, Jae; Shin, Ben. 1996. Transaction Costs in Private Infrastructure Projects - Are They Too High?. Viewpoint. © World Bank, Washington, DC. http://openknowledge.worldbank.org/handle/10986/11605?show=full License: CC BY 3.0 IGO.”
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