000 02071cam a2200277 a 4500
008 031209s2003 dcua b 000 0 eng d
020 _a0821355511
020 _a9780821355510
040 _aVNS
_cVNS
050 0 0 _aHC59.72.C3
_bP75 2003
082 0 0 _a363.6'091724'09049
_bPRI
245 0 0 _aPrivate participation in infrastructure :
_btrends in developing countries in 1990-2001 : energy, telecommunications, transport, water.
250 _aFirst printing.
260 _aWashington, DC :
_bWorld Bank,
_c2003.
300 _axiii, 165 p. :
500 _aCover title.
504 _aIncludes bibliographical references.
520 _aDrawing 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.
590 _alje 22/08/16
591 _aLoans
650 0 _aInfrastructure (Economics)
650 0 _aPrivatization
856 2 _uhttp://www.worldbank.org/
942 _2ddc
_cBOOK
949 _a363.6'091724'09049 PRI
999 _c4454
_d4454