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Private participation in infrastructure : trends in developing countries in 1990-2001 : energy, telecommunications, transport, water.

Material type: TextTextPublication details: Washington, DC : World Bank, 2003.Edition: First printingDescription: xiii, 165 pISBN:
  • 0821355511
  • 9780821355510
Subject(s): DDC classification:
  • 363.6'091724'09049 PRI
LOC classification:
  • HC59.72.C3 P75 2003
Online resources: Summary: Drawing on data from the World Bank's Private Participation in Infrastructure (PPI) database, this new book provides an overview of the nearly 2500 private infrastructure projects that were implemented between the period 1990-2001 in 132 developing countries and mobilized investment of some $754 billion. It covers projects in the transport, energy (electricity and gas), telecoms, and water and sewerage sectors that received private investment through management and lease contracts, concessions, greenfield projects, or divestitures. Overall, the trend in PPI illustrates a dramatic increase in investment flows between 1990-1997 as governments around the world turned to the private sector for innovative and cost-effective solutions to increasing coverage, raising quality standards, and aiming for cost recovery and sustainability in infrastructure service provision. However, since the economic crises of the late 1990s, a few (but high-profile) cases of canceled projects, visible corporate governance and accounting problems, and a general global economic slowdown led to a chilling effect on investors and resulted in declines in investment so that 2001 levels paralleled that of the mid-1990s.
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Holdings
Item type Current library Collection Call number Copy number Status Date due Barcode
Monograph & others Monograph & others CBN HQ Library General Stacks Non-fiction 363.609172409049 PRI (Browse shelf(Opens below)) 1 Available 31008100076450

Cover title.

Includes bibliographical references.

Drawing on data from the World Bank's Private Participation in Infrastructure (PPI) database, this new book provides an overview of the nearly 2500 private infrastructure projects that were implemented between the period 1990-2001 in 132 developing countries and mobilized investment of some $754 billion. It covers projects in the transport, energy (electricity and gas), telecoms, and water and sewerage sectors that received private investment through management and lease contracts, concessions, greenfield projects, or divestitures.

Overall, the trend in PPI illustrates a dramatic increase in investment flows between 1990-1997 as governments around the world turned to the private sector for innovative and cost-effective solutions to increasing coverage, raising quality standards, and aiming for cost recovery and sustainability in infrastructure service provision. However, since the economic crises of the late 1990s, a few (but high-profile) cases of canceled projects, visible corporate governance and accounting problems, and a general global economic slowdown led to a chilling effect on investors and resulted in declines in investment so that 2001 levels paralleled that of the mid-1990s.

lje 22/08/16

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