Infrastructure Policy : Basic Design Options

Klein, Michael

World Bank, Washington, DC

关键词: AIRPORTS;    ARBITRAGE;    ASSET PRICE;    ASSETS;    AUCTION;   

DOI  :  10.1596/1813-9450-6274
RP-ID  :  WPS6274

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

The paper lays out basic design optionsfor infrastructure policy. It first sketches mechanisms toasses demand. Then it sets out a hierarchy of issuesstarting with choice of market structure followed by conductregulation. Ownership options are largely a function ofmarket structure choices. The implications for finance --the topic of much day-to-day discussion in infrastructurepolicy-making -- follow from these various prior choices.The discussion naturally circumscribes the role forso-called public-private partnerships -- their uses andpitfalls. Annexes provide checklists for choices of marketstructure and for diagnosing and benchmarking policies.