Infrastructure Policy : Basic Design Options

The paper lays out basic design options for infrastructure policy. It first sketches mechanisms to asses demand. Then it sets out a hierarchy of issues starting with choice of market structure followed by conduct regulation. Ownership options are l...

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Main Author:	Klein, Michael
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2013
Subjects:	AIRPORTS ARBITRAGE ASSET PRICE ASSETS AUCTION AUCTIONS AVERAGE COSTS AVERAGE PRICE BALANCE SHEET BALANCE SHEET FINANCE BANKRUPTCY BENCHMARK BENCHMARKING BENCHMARKS BENEFITS OF COMPETITION BIDDING BONDS BUDGET CONSTRAINTS BULK WATER CAPITAL MARKET CAPITAL MARKETS CASH FLOW CELLULAR SUBSCRIPTIONS COMMERCE COMPETITIVE MARKETS COMPETITIVENESS CONCESSIONS CONFLICTS OF INTEREST CONSUMER PRICES CONSUMER SURPLUS CONSUMERS CONTRACTUAL ARRANGEMENTS CORPORATE FINANCE COST OF CAPITAL COST OF FINANCE COST OF SERVICE COST RECOVERY CREDIT CONSTRAINTS CURRENCY DEBT DEBT SERVICE DEREGULATION DEVELOPING COUNTRIES DEVELOPING ECONOMIES DEVELOPMENT POLICY DEVELOPMENT STRATEGIES DEVELOPMENT STRATEGY ECONOMIC EFFICIENCY ECONOMIC PERFORMANCE ELECTRICITY GENERATORS ELECTRICITY PRICES ELECTRICITY SECTOR ELECTRICITY SYSTEMS ENTRY BARRIERS FAIR FINANCIAL CRISIS FINANCIAL ENGINEERING FINANCIAL MARKETS FINANCIAL RISK FINANCIAL TRANSACTION FISCAL CONSTRAINTS FISCAL DEFICIT FOREIGN MARKET FORMS OF OWNERSHIP FRANCHISE AREA FREE ENTRY FUTURE PRICES GDP GENERATION GENERATORS GOVERNMENT BORROWING GOVERNMENT BUDGET GOVERNMENT DEBT GOVERNMENT FUNDS GOVERNMENT SUBSIDIES GROWTH THEORY HOUSING FINANCE HUMAN RIGHT ILLIQUID ASSET INCOME INCUMBENT FIRMS INCUMBENT PROVIDER INCUMBENT PROVIDERS INFLATION INFRASTRUCTURE DEVELOPMENT INFRASTRUCTURE INVESTMENT INFRASTRUCTURE POLICY INFRASTRUCTURE PROJECT INFRASTRUCTURE PROJECTS INFRASTRUCTURE PROVISION INFRASTRUCTURE SECTOR INFRASTRUCTURE SERVICE PROVIDERS INFRASTRUCTURE SERVICES INITIAL PRICE INSURANCE INSURER INTEREST RATES JURISDICTION JURISDICTIONS LEGAL FRAMEWORK LEGAL PROTECTION LEGAL SYSTEMS LEVEL OF COMPETITION LIQUIDITY LOWER PRICES MANAGEMENT CONTRACTS MARGINAL COST MARGINAL COST PRICING MARGINAL COSTS MARKET FORCES MARKET PRICE MARKET PRICES MARKET RISK MARKET SEGMENT MARKET SHARE MARKET STRUCTURE MARKET STRUCTURES MARKET VALUE MOBILE PHONE MOBILE PHONES MONOPOLIES MONOPOLY MONOPOLY FRANCHISE MONOPOLY POSITION MONOPOLY POWER MONOPOLY PRICE MONOPOLY PRICES MONOPOLY PROVIDER MONOPOLY PROVIDERS MONOPOLY PROVISION NATURAL MONOPOLIES NATURAL MONOPOLY NETWORK INFRASTRUCTURE NEW PRODUCT OPEN ACCESS OPPORTUNITY COST PAYMENT MECHANISM PENSION PENSION FUNDS PERFORMANCE CONTRACTS POLITICAL RISK POLITICAL RISKS POLITICAL SYSTEMS PORTS POWER COSTS POWER SECTOR POWER SYSTEMS PRICE CAP PRICE CEILING PRICE COMPETITION PRICE DISCRIMINATION PRICE LEVEL PRICE LEVELS PRICE REDUCTIONS PRICE REGULATION PRICE REVIEW PRICE SETTING PRICE STRUCTURES PRICING POLICY PRICING PRINCIPLES PRICING SCHEMES PRIVATE FINANCE PRIVATE INFRASTRUCTURE PRIVATE INVESTMENT PRIVATE INVESTORS PRIVATE PROPERTY PRIVATE PROVIDERS PRIVATE-PUBLIC PARTNERSHIPS PRIVATIZATION PRIVATIZATIONS PROPERTY RIGHTS PUBLIC FINANCE PUBLIC SECTOR PUBLIC UTILITIES PUBLIC-PRIVATE PARTNERSHIP PUBLIC-PRIVATE PARTNERSHIPS PURCHASING PURCHASING POWER RATE OF GROWTH RATE OF RETURN REAL ESTATE REGULATOR REGULATORS REGULATORY AUTHORITIES REGULATORY BODY REGULATORY CAPITAL REGULATORY ENVIRONMENT REGULATORY FRAMEWORK REGULATORY REGIME REGULATORY SYSTEM REPUTATION RESIDENTIAL PRICES RETAIL RETAIL CUSTOMERS RETAIL PRICES RETURN REGULATION RISK PREMIUM ROAD SYSTEM SALE SALES SERVICE PROVIDER SERVICE PROVIDERS SHADOW TOLLS SMALL ENTREPRENEURS SOCIAL COST SPREAD SUPPLIERS SURPLUS SUSTAINABLE DEVELOPMENT TAKEOVER TAX TAX REVENUES TAXATION TELECOMMUNICATIONS TELECOMMUNICATIONS REGULATION TOLL TOLL ROADS TRANSACTION COSTS TRANSPARENCY TREASURY UNIVERSAL ACCESS URBAN DEVELOPMENT URBANIZATION VALUATION WATER PRICES WATER SERVICES WATER TARIFFS WATER UTILITIES WEALTH
Online Access:	http://documents.worldbank.org/curated/en/2012/11/16985794/infrastructure-policy-basic-design-options http://hdl.handle.net/10986/12119

id	okr-10986-12119
recordtype	oai_dc
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	AIRPORTS ARBITRAGE ASSET PRICE ASSETS AUCTION AUCTIONS AVERAGE COSTS AVERAGE PRICE BALANCE SHEET BALANCE SHEET FINANCE BANKRUPTCY BENCHMARK BENCHMARKING BENCHMARKS BENEFITS OF COMPETITION BIDDING BONDS BUDGET CONSTRAINTS BULK WATER CAPITAL MARKET CAPITAL MARKETS CASH FLOW CELLULAR SUBSCRIPTIONS COMMERCE COMPETITIVE MARKETS COMPETITIVENESS CONCESSIONS CONFLICTS OF INTEREST CONSUMER PRICES CONSUMER SURPLUS CONSUMERS CONTRACTUAL ARRANGEMENTS CORPORATE FINANCE COST OF CAPITAL COST OF FINANCE COST OF SERVICE COST RECOVERY CREDIT CONSTRAINTS CURRENCY DEBT DEBT SERVICE DEREGULATION DEVELOPING COUNTRIES DEVELOPING ECONOMIES DEVELOPMENT POLICY DEVELOPMENT STRATEGIES DEVELOPMENT STRATEGY ECONOMIC EFFICIENCY ECONOMIC PERFORMANCE ELECTRICITY GENERATORS ELECTRICITY PRICES ELECTRICITY SECTOR ELECTRICITY SYSTEMS ENTRY BARRIERS FAIR FINANCIAL CRISIS FINANCIAL ENGINEERING FINANCIAL MARKETS FINANCIAL RISK FINANCIAL TRANSACTION FISCAL CONSTRAINTS FISCAL DEFICIT FOREIGN MARKET FORMS OF OWNERSHIP FRANCHISE AREA FREE ENTRY FUTURE PRICES GDP GENERATION GENERATORS GOVERNMENT BORROWING GOVERNMENT BUDGET GOVERNMENT DEBT GOVERNMENT FUNDS GOVERNMENT SUBSIDIES GROWTH THEORY HOUSING FINANCE HUMAN RIGHT ILLIQUID ASSET INCOME INCUMBENT FIRMS INCUMBENT PROVIDER INCUMBENT PROVIDERS INFLATION INFRASTRUCTURE DEVELOPMENT INFRASTRUCTURE INVESTMENT INFRASTRUCTURE POLICY INFRASTRUCTURE PROJECT INFRASTRUCTURE PROJECTS INFRASTRUCTURE PROVISION INFRASTRUCTURE SECTOR INFRASTRUCTURE SERVICE PROVIDERS INFRASTRUCTURE SERVICES INITIAL PRICE INSURANCE INSURER INTEREST RATES JURISDICTION JURISDICTIONS LEGAL FRAMEWORK LEGAL PROTECTION LEGAL SYSTEMS LEVEL OF COMPETITION LIQUIDITY LOWER PRICES MANAGEMENT CONTRACTS MARGINAL COST MARGINAL COST PRICING MARGINAL COSTS MARKET FORCES MARKET PRICE MARKET PRICES MARKET RISK MARKET SEGMENT MARKET SHARE MARKET STRUCTURE MARKET STRUCTURES MARKET VALUE MOBILE PHONE MOBILE PHONES MONOPOLIES MONOPOLY MONOPOLY FRANCHISE MONOPOLY POSITION MONOPOLY POWER MONOPOLY PRICE MONOPOLY PRICES MONOPOLY PROVIDER MONOPOLY PROVIDERS MONOPOLY PROVISION NATURAL MONOPOLIES NATURAL MONOPOLY NETWORK INFRASTRUCTURE NEW PRODUCT OPEN ACCESS OPPORTUNITY COST PAYMENT MECHANISM PENSION PENSION FUNDS PERFORMANCE CONTRACTS POLITICAL RISK POLITICAL RISKS POLITICAL SYSTEMS PORTS POWER COSTS POWER SECTOR POWER SYSTEMS PRICE CAP PRICE CEILING PRICE COMPETITION PRICE DISCRIMINATION PRICE LEVEL PRICE LEVELS PRICE REDUCTIONS PRICE REGULATION PRICE REVIEW PRICE SETTING PRICE STRUCTURES PRICING POLICY PRICING PRINCIPLES PRICING SCHEMES PRIVATE FINANCE PRIVATE INFRASTRUCTURE PRIVATE INVESTMENT PRIVATE INVESTORS PRIVATE PROPERTY PRIVATE PROVIDERS PRIVATE-PUBLIC PARTNERSHIPS PRIVATIZATION PRIVATIZATIONS PROPERTY RIGHTS PUBLIC FINANCE PUBLIC SECTOR PUBLIC UTILITIES PUBLIC-PRIVATE PARTNERSHIP PUBLIC-PRIVATE PARTNERSHIPS PURCHASING PURCHASING POWER RATE OF GROWTH RATE OF RETURN REAL ESTATE REGULATOR REGULATORS REGULATORY AUTHORITIES REGULATORY BODY REGULATORY CAPITAL REGULATORY ENVIRONMENT REGULATORY FRAMEWORK REGULATORY REGIME REGULATORY SYSTEM REPUTATION RESIDENTIAL PRICES RETAIL RETAIL CUSTOMERS RETAIL PRICES RETURN REGULATION RISK PREMIUM ROAD SYSTEM SALE SALES SERVICE PROVIDER SERVICE PROVIDERS SHADOW TOLLS SMALL ENTREPRENEURS SOCIAL COST SPREAD SUPPLIERS SURPLUS SUSTAINABLE DEVELOPMENT TAKEOVER TAX TAX REVENUES TAXATION TELECOMMUNICATIONS TELECOMMUNICATIONS REGULATION TOLL TOLL ROADS TRANSACTION COSTS TRANSPARENCY TREASURY UNIVERSAL ACCESS URBAN DEVELOPMENT URBANIZATION VALUATION WATER PRICES WATER SERVICES WATER TARIFFS WATER UTILITIES WEALTH
spellingShingle	AIRPORTS ARBITRAGE ASSET PRICE ASSETS AUCTION AUCTIONS AVERAGE COSTS AVERAGE PRICE BALANCE SHEET BALANCE SHEET FINANCE BANKRUPTCY BENCHMARK BENCHMARKING BENCHMARKS BENEFITS OF COMPETITION BIDDING BONDS BUDGET CONSTRAINTS BULK WATER CAPITAL MARKET CAPITAL MARKETS CASH FLOW CELLULAR SUBSCRIPTIONS COMMERCE COMPETITIVE MARKETS COMPETITIVENESS CONCESSIONS CONFLICTS OF INTEREST CONSUMER PRICES CONSUMER SURPLUS CONSUMERS CONTRACTUAL ARRANGEMENTS CORPORATE FINANCE COST OF CAPITAL COST OF FINANCE COST OF SERVICE COST RECOVERY CREDIT CONSTRAINTS CURRENCY DEBT DEBT SERVICE DEREGULATION DEVELOPING COUNTRIES DEVELOPING ECONOMIES DEVELOPMENT POLICY DEVELOPMENT STRATEGIES DEVELOPMENT STRATEGY ECONOMIC EFFICIENCY ECONOMIC PERFORMANCE ELECTRICITY GENERATORS ELECTRICITY PRICES ELECTRICITY SECTOR ELECTRICITY SYSTEMS ENTRY BARRIERS FAIR FINANCIAL CRISIS FINANCIAL ENGINEERING FINANCIAL MARKETS FINANCIAL RISK FINANCIAL TRANSACTION FISCAL CONSTRAINTS FISCAL DEFICIT FOREIGN MARKET FORMS OF OWNERSHIP FRANCHISE AREA FREE ENTRY FUTURE PRICES GDP GENERATION GENERATORS GOVERNMENT BORROWING GOVERNMENT BUDGET GOVERNMENT DEBT GOVERNMENT FUNDS GOVERNMENT SUBSIDIES GROWTH THEORY HOUSING FINANCE HUMAN RIGHT ILLIQUID ASSET INCOME INCUMBENT FIRMS INCUMBENT PROVIDER INCUMBENT PROVIDERS INFLATION INFRASTRUCTURE DEVELOPMENT INFRASTRUCTURE INVESTMENT INFRASTRUCTURE POLICY INFRASTRUCTURE PROJECT INFRASTRUCTURE PROJECTS INFRASTRUCTURE PROVISION INFRASTRUCTURE SECTOR INFRASTRUCTURE SERVICE PROVIDERS INFRASTRUCTURE SERVICES INITIAL PRICE INSURANCE INSURER INTEREST RATES JURISDICTION JURISDICTIONS LEGAL FRAMEWORK LEGAL PROTECTION LEGAL SYSTEMS LEVEL OF COMPETITION LIQUIDITY LOWER PRICES MANAGEMENT CONTRACTS MARGINAL COST MARGINAL COST PRICING MARGINAL COSTS MARKET FORCES MARKET PRICE MARKET PRICES MARKET RISK MARKET SEGMENT MARKET SHARE MARKET STRUCTURE MARKET STRUCTURES MARKET VALUE MOBILE PHONE MOBILE PHONES MONOPOLIES MONOPOLY MONOPOLY FRANCHISE MONOPOLY POSITION MONOPOLY POWER MONOPOLY PRICE MONOPOLY PRICES MONOPOLY PROVIDER MONOPOLY PROVIDERS MONOPOLY PROVISION NATURAL MONOPOLIES NATURAL MONOPOLY NETWORK INFRASTRUCTURE NEW PRODUCT OPEN ACCESS OPPORTUNITY COST PAYMENT MECHANISM PENSION PENSION FUNDS PERFORMANCE CONTRACTS POLITICAL RISK POLITICAL RISKS POLITICAL SYSTEMS PORTS POWER COSTS POWER SECTOR POWER SYSTEMS PRICE CAP PRICE CEILING PRICE COMPETITION PRICE DISCRIMINATION PRICE LEVEL PRICE LEVELS PRICE REDUCTIONS PRICE REGULATION PRICE REVIEW PRICE SETTING PRICE STRUCTURES PRICING POLICY PRICING PRINCIPLES PRICING SCHEMES PRIVATE FINANCE PRIVATE INFRASTRUCTURE PRIVATE INVESTMENT PRIVATE INVESTORS PRIVATE PROPERTY PRIVATE PROVIDERS PRIVATE-PUBLIC PARTNERSHIPS PRIVATIZATION PRIVATIZATIONS PROPERTY RIGHTS PUBLIC FINANCE PUBLIC SECTOR PUBLIC UTILITIES PUBLIC-PRIVATE PARTNERSHIP PUBLIC-PRIVATE PARTNERSHIPS PURCHASING PURCHASING POWER RATE OF GROWTH RATE OF RETURN REAL ESTATE REGULATOR REGULATORS REGULATORY AUTHORITIES REGULATORY BODY REGULATORY CAPITAL REGULATORY ENVIRONMENT REGULATORY FRAMEWORK REGULATORY REGIME REGULATORY SYSTEM REPUTATION RESIDENTIAL PRICES RETAIL RETAIL CUSTOMERS RETAIL PRICES RETURN REGULATION RISK PREMIUM ROAD SYSTEM SALE SALES SERVICE PROVIDER SERVICE PROVIDERS SHADOW TOLLS SMALL ENTREPRENEURS SOCIAL COST SPREAD SUPPLIERS SURPLUS SUSTAINABLE DEVELOPMENT TAKEOVER TAX TAX REVENUES TAXATION TELECOMMUNICATIONS TELECOMMUNICATIONS REGULATION TOLL TOLL ROADS TRANSACTION COSTS TRANSPARENCY TREASURY UNIVERSAL ACCESS URBAN DEVELOPMENT URBANIZATION VALUATION WATER PRICES WATER SERVICES WATER TARIFFS WATER UTILITIES WEALTH Klein, Michael Infrastructure Policy : Basic Design Options
relation	Policy Research Working Paper; No. 6274
description	The paper lays out basic design options for infrastructure policy. It first sketches mechanisms to asses demand. Then it sets out a hierarchy of issues starting with choice of market structure followed by conduct regulation. Ownership options are largely a function of market structure choices. The implications for finance -- the topic of much day-to-day discussion in infrastructure policy-making -- follow from these various prior choices. The discussion naturally circumscribes the role for so-called public-private partnerships -- their uses and pitfalls. Annexes provide checklists for choices of market structure and for diagnosing and benchmarking policies.
format	Publications & Research :: Policy Research Working Paper
author	Klein, Michael
author_facet	Klein, Michael
author_sort	Klein, Michael
title	Infrastructure Policy : Basic Design Options
title_short	Infrastructure Policy : Basic Design Options
title_full	Infrastructure Policy : Basic Design Options
title_fullStr	Infrastructure Policy : Basic Design Options
title_full_unstemmed	Infrastructure Policy : Basic Design Options
title_sort	infrastructure policy : basic design options
publisher	World Bank, Washington, DC
publishDate	2013
url	http://documents.worldbank.org/curated/en/2012/11/16985794/infrastructure-policy-basic-design-options http://hdl.handle.net/10986/12119
_version_	1764419062832562176
spelling	okr-10986-121192021-04-23T14:02:59Z Infrastructure Policy : Basic Design Options Klein, Michael AIRPORTS ARBITRAGE ASSET PRICE ASSETS AUCTION AUCTIONS AVERAGE COSTS AVERAGE PRICE BALANCE SHEET BALANCE SHEET FINANCE BANKRUPTCY BENCHMARK BENCHMARKING BENCHMARKS BENEFITS OF COMPETITION BIDDING BONDS BUDGET CONSTRAINTS BULK WATER CAPITAL MARKET CAPITAL MARKETS CASH FLOW CELLULAR SUBSCRIPTIONS COMMERCE COMPETITIVE MARKETS COMPETITIVENESS CONCESSIONS CONFLICTS OF INTEREST CONSUMER PRICES CONSUMER SURPLUS CONSUMERS CONTRACTUAL ARRANGEMENTS CORPORATE FINANCE COST OF CAPITAL COST OF FINANCE COST OF SERVICE COST RECOVERY CREDIT CONSTRAINTS CURRENCY DEBT DEBT SERVICE DEREGULATION DEVELOPING COUNTRIES DEVELOPING ECONOMIES DEVELOPMENT POLICY DEVELOPMENT STRATEGIES DEVELOPMENT STRATEGY ECONOMIC EFFICIENCY ECONOMIC PERFORMANCE ELECTRICITY GENERATORS ELECTRICITY PRICES ELECTRICITY SECTOR ELECTRICITY SYSTEMS ENTRY BARRIERS FAIR FINANCIAL CRISIS FINANCIAL ENGINEERING FINANCIAL MARKETS FINANCIAL RISK FINANCIAL TRANSACTION FISCAL CONSTRAINTS FISCAL DEFICIT FOREIGN MARKET FORMS OF OWNERSHIP FRANCHISE AREA FREE ENTRY FUTURE PRICES GDP GENERATION GENERATORS GOVERNMENT BORROWING GOVERNMENT BUDGET GOVERNMENT DEBT GOVERNMENT FUNDS GOVERNMENT SUBSIDIES GROWTH THEORY HOUSING FINANCE HUMAN RIGHT ILLIQUID ASSET INCOME INCUMBENT FIRMS INCUMBENT PROVIDER INCUMBENT PROVIDERS INFLATION INFRASTRUCTURE DEVELOPMENT INFRASTRUCTURE INVESTMENT INFRASTRUCTURE POLICY INFRASTRUCTURE PROJECT INFRASTRUCTURE PROJECTS INFRASTRUCTURE PROVISION INFRASTRUCTURE SECTOR INFRASTRUCTURE SERVICE PROVIDERS INFRASTRUCTURE SERVICES INITIAL PRICE INSURANCE INSURER INTEREST RATES JURISDICTION JURISDICTIONS LEGAL FRAMEWORK LEGAL PROTECTION LEGAL SYSTEMS LEVEL OF COMPETITION LIQUIDITY LOWER PRICES MANAGEMENT CONTRACTS MARGINAL COST MARGINAL COST PRICING MARGINAL COSTS MARKET FORCES MARKET PRICE MARKET PRICES MARKET RISK MARKET SEGMENT MARKET SHARE MARKET STRUCTURE MARKET STRUCTURES MARKET VALUE MOBILE PHONE MOBILE PHONES MONOPOLIES MONOPOLY MONOPOLY FRANCHISE MONOPOLY POSITION MONOPOLY POWER MONOPOLY PRICE MONOPOLY PRICES MONOPOLY PROVIDER MONOPOLY PROVIDERS MONOPOLY PROVISION NATURAL MONOPOLIES NATURAL MONOPOLY NETWORK INFRASTRUCTURE NEW PRODUCT OPEN ACCESS OPPORTUNITY COST PAYMENT MECHANISM PENSION PENSION FUNDS PERFORMANCE CONTRACTS POLITICAL RISK POLITICAL RISKS POLITICAL SYSTEMS PORTS POWER COSTS POWER SECTOR POWER SYSTEMS PRICE CAP PRICE CEILING PRICE COMPETITION PRICE DISCRIMINATION PRICE LEVEL PRICE LEVELS PRICE REDUCTIONS PRICE REGULATION PRICE REVIEW PRICE SETTING PRICE STRUCTURES PRICING POLICY PRICING PRINCIPLES PRICING SCHEMES PRIVATE FINANCE PRIVATE INFRASTRUCTURE PRIVATE INVESTMENT PRIVATE INVESTORS PRIVATE PROPERTY PRIVATE PROVIDERS PRIVATE-PUBLIC PARTNERSHIPS PRIVATIZATION PRIVATIZATIONS PROPERTY RIGHTS PUBLIC FINANCE PUBLIC SECTOR PUBLIC UTILITIES PUBLIC-PRIVATE PARTNERSHIP PUBLIC-PRIVATE PARTNERSHIPS PURCHASING PURCHASING POWER RATE OF GROWTH RATE OF RETURN REAL ESTATE REGULATOR REGULATORS REGULATORY AUTHORITIES REGULATORY BODY REGULATORY CAPITAL REGULATORY ENVIRONMENT REGULATORY FRAMEWORK REGULATORY REGIME REGULATORY SYSTEM REPUTATION RESIDENTIAL PRICES RETAIL RETAIL CUSTOMERS RETAIL PRICES RETURN REGULATION RISK PREMIUM ROAD SYSTEM SALE SALES SERVICE PROVIDER SERVICE PROVIDERS SHADOW TOLLS SMALL ENTREPRENEURS SOCIAL COST SPREAD SUPPLIERS SURPLUS SUSTAINABLE DEVELOPMENT TAKEOVER TAX TAX REVENUES TAXATION TELECOMMUNICATIONS TELECOMMUNICATIONS REGULATION TOLL TOLL ROADS TRANSACTION COSTS TRANSPARENCY TREASURY UNIVERSAL ACCESS URBAN DEVELOPMENT URBANIZATION VALUATION WATER PRICES WATER SERVICES WATER TARIFFS WATER UTILITIES WEALTH The paper lays out basic design options for infrastructure policy. It first sketches mechanisms to asses demand. Then it sets out a hierarchy of issues starting with choice of market structure followed by conduct regulation. Ownership options are largely a function of market structure choices. The implications for finance -- the topic of much day-to-day discussion in infrastructure policy-making -- follow from these various prior choices. The discussion naturally circumscribes the role for so-called public-private partnerships -- their uses and pitfalls. Annexes provide checklists for choices of market structure and for diagnosing and benchmarking policies. 2013-01-04T22:38:23Z 2013-01-04T22:38:23Z 2012-11 http://documents.worldbank.org/curated/en/2012/11/16985794/infrastructure-policy-basic-design-options http://hdl.handle.net/10986/12119 English en_US Policy Research Working Paper; No. 6274 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research

Infrastructure Policy : Basic Design Options

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