World Bank2012-06-142012-06-142007-01https://hdl.handle.net/10986/8047Amid a shifting policymaking environment from private to public, volume one of this report discusses how public policies could attract more and better private investments. In attracting back private capital, this report argues that Brazil must do three things. First, it must eliminate remaining regulatory bottlenecks and policy uncertainties in selected sectors. Secondly, design infrastructure concessions to avoid "excessive" renegotiations while simultaneously guaranteeing an adequate rate of return for investors and protecting consumers' welfare. And finally, strengthen the quality of the regulators for technically sound and coherent decision-making processes. Volume two is the background report and looks at infrastructure statistics in Brazil and international benchmarks, regulatory policy issues, contract negotiations, and gives conclusions and policy implications on these topics.en-USCC BY 3.0 IGOACCOUNTINGAGGLOMERATIONALLOCATION OF RISKASSET TRANSFERBOTTLENECKSBUDGET FORMULATIONCAPITAL EXPENDITURESCONCESSIONCONCESSION CONTRACTSCONCESSIONSCONTRACT DESIGNCONTRACT RENEGOTIATIONCORPORATE GOVERNANCECOST OF CAPITALCOST RECOVERYCOST-BENEFIT ANALYSISDISTRIBUTION COMPANIESDISTRIBUTION LOSSESDIVESTITUREECONOMIC BENEFITSECONOMIC EFFICIENCYECONOMIES OF SCALEELASTICITYELECTRICITYELECTRICITY COMPANIESELECTRICITY GENERATIONELECTRICITY SECTORELECTRICITY SERVICESENERGY AUCTIONSEQUITY CAPITALFINANCIAL OBLIGATIONSFINANCIAL RETURNSFISCAL CONSTRAINTSFISCAL MANAGEMENTGAS SECTORGAS SUPPLYGENERATORSGROWTH RATESHIGHWAYHIGHWAYSHOUSINGINCOME DISTRIBUTIONINDEPENDENT REGULATORINDEPENDENT REGULATORSINDICATORSINFLATIONINFRASTRUCTURE FINANCINGINFRASTRUCTURE INDUSTRIESINFRASTRUCTURE INVESTMENTINFRASTRUCTURE INVESTMENTSINFRASTRUCTURE MANAGEMENTINFRASTRUCTURE POLICYINFRASTRUCTURE PROGRAMINFRASTRUCTURE PROJECTSINFRASTRUCTURE SECTORINFRASTRUCTURE SECTORSINFRASTRUCTURE SERVICESINTERNATIONAL BENCHMARKINGINTERNATIONAL FINANCIAL MARKETSINVESTMENT CLIMATEINVESTMENT REQUIREMENTSLATIN AMERICANLEGAL SANCTIONSMANAGEMENT CONTRACTSMUNICIPALITIESNATIONAL GOVERNMENTSNATIONAL INFRASTRUCTURENATURAL GASOPPORTUNISTIC BEHAVIORPENSION FUNDSPORT TERMINALSPOWERPOWER SECTORPRIVATE CAPITALPRIVATE FINANCINGPRIVATE INFRASTRUCTURE PROJECTSPRIVATE SECTORPRIVATE SECTOR PARTICIPATIONPRIVATIZATIONPROFITABILITYPROVISION OF INFRASTRUCTUREPUBLICPUBLIC COMPANIESPUBLIC DEBTPUBLIC EXPENDITUREPUBLIC EXPENDITURESPUBLIC FUNDSPUBLIC GOODSPUBLIC INVESTMENTPUBLIC INVESTMENT IN INFRASTRUCTUREPUBLIC INVESTMENTSPUBLIC RESOURCESPUBLIC REVENUESPUBLIC SECTORPUBLIC SECTOR FINANCINGPUBLIC SECTOR INVESTMENTPUBLIC SPENDINGPUBLIC-PRIVATE PARTNERSHIPSRAILWAYRAILWAY NETWORKRAILWAYSREGULATORSREGULATORY AGENCIESREGULATORY CREDIBILITYREGULATORY DECISIONSREGULATORY DESIGNREGULATORY ENVIRONMENTREGULATORY FRAMEWORKREGULATORY GOVERNANCEREGULATORY REFORMSREGULATORY RISKSREGULATORY RULESRISK ALLOCATIONROADROAD CONCESSIONROAD MAINTENANCEROAD NETWORKROAD TAXROADSSANITATIONSAVINGSSEWERAGE SERVICESSUPPLY CONTRACTSTARIFF REVISIONSTARIFF STRUCTURETAX REVENUESTAXATIONTECHNICAL EFFICIENCYTELECOMMUNICATIONSTELECOMMUNICATIONS SERVICESTRANSPARENCYTRANSPORTTRANSPORT SECTORTRANSPORTATIONUTILITIESUTILITY COMPANIESWATER SERVICESWorld Bank10.1596/8047