Current Debates on Infrastructure Policy

This paper provides an overview of the major current debates on infrastructure policy. It reviews the evidence on the macroeconomic significance of the sector in terms of growth and poverty alleviation. It also discusses the major institutional deb...

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Main Authors:	Estache, Antonio, Fay, Marianne
Format:	Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2017
Subjects:	ACCESSIBILITY ACCOUNTING AGGLOMERATION AGGLOMERATION BENEFITS AMORTIZATION ARBITRAGE AVERAGE TARIFF BALANCE SHEET BENEFICIARIES BOTTLENECKS BRIDGE BUDGET CONSTRAINTS BUSES CAPITAL STOCK CAPITAL STOCKS CARS CASH FLOWS CLIMATE CHANGE CONCESSION CONCESSION CONTRACTS CONCESSIONS CONGESTION CONGESTION COSTS CONNECTION COSTS CONSUMER DEMAND CONTRACT AWARD COST OF CAPITAL COST RECOVERY COSTS OF TRANSPORT CROSS SUBSIDIES DEBT DECENTRALIZATION DEFICITS DELIVERY OF INFRASTRUCTURE SERVICES DEREGULATION DEVELOPING COUNTRIES DISBURSEMENTS DISPOSABLE INCOME DIVESTITURE DRIVERS DRIVING ECONOMETRIC APPROACHES ECONOMETRIC EVIDENCE ECONOMIC GROWTH ECONOMIC MODELS ELASTICITIES ELASTICITY ELECTRIC POWER ELECTRICITY ELECTRICITY DISTRIBUTION ELECTRICITY GENERATION ELECTRICITY SERVICES EXTERNALITIES FINANCIAL BURDEN FINANCIAL CLOSURE FINANCIAL TRANSACTIONS FISCAL CONSTRAINTS FISCAL POLICIES FOREIGN EXCHANGE FOREIGN EXCHANGE RISK GENERATION GENERATION CAPACITY GROWTH RATES HIGHWAY HIGHWAY NETWORK HOUSEHOLD CONSUMPTION HUMAN CAPITAL INCOME GROWTH INCOME LEVEL INCOME LEVELS INFRASTRUCTURE ASSETS INFRASTRUCTURE FINANCING INFRASTRUCTURE INVESTMENT INFRASTRUCTURE INVESTMENTS INFRASTRUCTURE INVESTORS INFRASTRUCTURE POLICY INFRASTRUCTURE PRIVATIZATION INFRASTRUCTURE PROJECTS INFRASTRUCTURE PROVISION INFRASTRUCTURE REFORM INFRASTRUCTURE SECTOR INFRASTRUCTURE SPENDING INFRASTRUCTURE SUPPLY INFRASTRUCTURES INSTITUTIONAL CAPACITY INTERNATIONAL BANK INTERNATIONAL DEVELOPMENT INTERNATIONAL ECONOMY INTERNATIONAL ENERGY INVENTORY INVESTING INVESTMENT CLIMATE INVESTMENT COSTS INVESTMENT DECISIONS INVESTMENT FINANCE LABOR MARKETS LANES LEASE CONTRACTS LEGAL TRADITION LICENSES LIVING STANDARD LOCAL ECONOMY MACROECONOMIC VARIABLES MAINTENANCE EXPENDITURES MINIMUM RATE OF RETURN MISSING MARKETS MOBILITY NETWORK EXTERNALITIES PASSENGER TRANSPORT POLITICAL ECONOMY POLITICAL RISKS POOR HOUSEHOLDS POWER POWER PLANTS POWER SECTOR PRIVATE CAPITAL PRIVATE INVESTMENT PRIVATE INVESTORS PRIVATE OPERATORS PRIVATE PROVIDERS PRIVATE SECTOR PROVISIONS PUBLIC PUBLIC ENTERPRISES PUBLIC EXPENDITURE PUBLIC EXPENDITURE REVIEW PUBLIC FUNDS PUBLIC INFRASTRUCTURE PUBLIC INVESTMENT PUBLIC MONOPOLIES PUBLIC SECTOR PUBLIC SECTOR REFORM PUBLIC SPENDING RAIL RAILWAY RAILWAYS RATES OF RETURN REAL EXCHANGE RATE RENEGOTIATION RENEGOTIATIONS RENTS RESERVES RESIDENTIAL USERS RETURNS RING ROADS RISK MITIGATION ROAD ROAD NETWORKS ROAD SECTOR ROADS SAFETY SANITATION SANITATION SERVICES SERVICE PROVIDERS SETTLEMENT STOCK DATA STOCK MARKET STOCKS TAX TAX REVENUE TAXATION TELECOMMUNICATIONS TRAFFIC TRAFFIC MANAGEMENT TRAINS TRANSACTION TRANSPORT TRANSPORT CORRIDORS TRANSPORT COSTS TRANSPORT IMPROVEMENTS TRANSPORT INFRASTRUCTURE TRANSPORT NETWORK TRANSPORT SECTOR TRANSPORT SERVICES TRANSPORTATION TRANSPORTATION EQUITY TRANSPORTATION EQUITY ACT URBAN POVERTY URBAN ROADS URBANIZATION UTILITIES WATER SERVICES
Online Access:	http://documents.worldbank.org/curated/en/131091468167946991/Current-debates-on-infrastructure-policy http://hdl.handle.net/10986/27762

id	okr-10986-27762
recordtype	oai_dc
spelling	okr-10986-277622021-04-23T14:04:44Z Current Debates on Infrastructure Policy Estache, Antonio Fay, Marianne ACCESSIBILITY ACCOUNTING AGGLOMERATION AGGLOMERATION BENEFITS AMORTIZATION ARBITRAGE AVERAGE TARIFF BALANCE SHEET BENEFICIARIES BOTTLENECKS BRIDGE BUDGET CONSTRAINTS BUSES CAPITAL STOCK CAPITAL STOCKS CARS CASH FLOWS CLIMATE CHANGE CONCESSION CONCESSION CONTRACTS CONCESSIONS CONGESTION CONGESTION COSTS CONNECTION COSTS CONSUMER DEMAND CONTRACT AWARD COST OF CAPITAL COST RECOVERY COSTS OF TRANSPORT CROSS SUBSIDIES DEBT DECENTRALIZATION DEFICITS DELIVERY OF INFRASTRUCTURE SERVICES DEREGULATION DEVELOPING COUNTRIES DISBURSEMENTS DISPOSABLE INCOME DIVESTITURE DRIVERS DRIVING ECONOMETRIC APPROACHES ECONOMETRIC EVIDENCE ECONOMIC GROWTH ECONOMIC MODELS ELASTICITIES ELASTICITY ELECTRIC POWER ELECTRICITY ELECTRICITY DISTRIBUTION ELECTRICITY GENERATION ELECTRICITY SERVICES EXTERNALITIES FINANCIAL BURDEN FINANCIAL CLOSURE FINANCIAL TRANSACTIONS FISCAL CONSTRAINTS FISCAL POLICIES FOREIGN EXCHANGE FOREIGN EXCHANGE RISK GENERATION GENERATION CAPACITY GROWTH RATES HIGHWAY HIGHWAY NETWORK HOUSEHOLD CONSUMPTION HUMAN CAPITAL INCOME GROWTH INCOME LEVEL INCOME LEVELS INFRASTRUCTURE ASSETS INFRASTRUCTURE FINANCING INFRASTRUCTURE INVESTMENT INFRASTRUCTURE INVESTMENTS INFRASTRUCTURE INVESTORS INFRASTRUCTURE POLICY INFRASTRUCTURE PRIVATIZATION INFRASTRUCTURE PROJECTS INFRASTRUCTURE PROVISION INFRASTRUCTURE REFORM INFRASTRUCTURE SECTOR INFRASTRUCTURE SPENDING INFRASTRUCTURE SUPPLY INFRASTRUCTURES INSTITUTIONAL CAPACITY INTERNATIONAL BANK INTERNATIONAL DEVELOPMENT INTERNATIONAL ECONOMY INTERNATIONAL ENERGY INVENTORY INVESTING INVESTMENT CLIMATE INVESTMENT COSTS INVESTMENT DECISIONS INVESTMENT FINANCE LABOR MARKETS LANES LEASE CONTRACTS LEGAL TRADITION LICENSES LIVING STANDARD LOCAL ECONOMY MACROECONOMIC VARIABLES MAINTENANCE EXPENDITURES MINIMUM RATE OF RETURN MISSING MARKETS MOBILITY NETWORK EXTERNALITIES PASSENGER TRANSPORT POLITICAL ECONOMY POLITICAL RISKS POOR HOUSEHOLDS POWER POWER PLANTS POWER SECTOR PRIVATE CAPITAL PRIVATE INVESTMENT PRIVATE INVESTORS PRIVATE OPERATORS PRIVATE PROVIDERS PRIVATE SECTOR PROVISIONS PUBLIC PUBLIC ENTERPRISES PUBLIC EXPENDITURE PUBLIC EXPENDITURE REVIEW PUBLIC FUNDS PUBLIC INFRASTRUCTURE PUBLIC INVESTMENT PUBLIC MONOPOLIES PUBLIC SECTOR PUBLIC SECTOR REFORM PUBLIC SPENDING RAIL RAILWAY RAILWAYS RATES OF RETURN REAL EXCHANGE RATE RENEGOTIATION RENEGOTIATIONS RENTS RESERVES RESIDENTIAL USERS RETURNS RING ROADS RISK MITIGATION ROAD ROAD NETWORKS ROAD SECTOR ROADS SAFETY SANITATION SANITATION SERVICES SERVICE PROVIDERS SETTLEMENT STOCK DATA STOCK MARKET STOCKS TAX TAX REVENUE TAXATION TELECOMMUNICATIONS TRAFFIC TRAFFIC MANAGEMENT TRAINS TRANSACTION TRANSPORT TRANSPORT CORRIDORS TRANSPORT COSTS TRANSPORT IMPROVEMENTS TRANSPORT INFRASTRUCTURE TRANSPORT NETWORK TRANSPORT SECTOR TRANSPORT SERVICES TRANSPORTATION TRANSPORTATION EQUITY TRANSPORTATION EQUITY ACT URBAN POVERTY URBAN ROADS URBANIZATION UTILITIES WATER SERVICES This paper provides an overview of the major current debates on infrastructure policy. It reviews the evidence on the macroeconomic significance of the sector in terms of growth and poverty alleviation. It also discusses the major institutional debates, including the relative comparative advantage of the public and the private sector in the various stages of infrastructure service delivery as well as the main options for changes in the role of government (i.e. regulation and decentralization). 2017-08-14T19:36:24Z 2017-08-14T19:36:24Z 2009 Working Paper http://documents.worldbank.org/curated/en/131091468167946991/Current-debates-on-infrastructure-policy http://hdl.handle.net/10986/27762 English en_US Commission on Growth and Development Working Paper;No. 49 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research :: Working Paper Publications & Research
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	ACCESSIBILITY ACCOUNTING AGGLOMERATION AGGLOMERATION BENEFITS AMORTIZATION ARBITRAGE AVERAGE TARIFF BALANCE SHEET BENEFICIARIES BOTTLENECKS BRIDGE BUDGET CONSTRAINTS BUSES CAPITAL STOCK CAPITAL STOCKS CARS CASH FLOWS CLIMATE CHANGE CONCESSION CONCESSION CONTRACTS CONCESSIONS CONGESTION CONGESTION COSTS CONNECTION COSTS CONSUMER DEMAND CONTRACT AWARD COST OF CAPITAL COST RECOVERY COSTS OF TRANSPORT CROSS SUBSIDIES DEBT DECENTRALIZATION DEFICITS DELIVERY OF INFRASTRUCTURE SERVICES DEREGULATION DEVELOPING COUNTRIES DISBURSEMENTS DISPOSABLE INCOME DIVESTITURE DRIVERS DRIVING ECONOMETRIC APPROACHES ECONOMETRIC EVIDENCE ECONOMIC GROWTH ECONOMIC MODELS ELASTICITIES ELASTICITY ELECTRIC POWER ELECTRICITY ELECTRICITY DISTRIBUTION ELECTRICITY GENERATION ELECTRICITY SERVICES EXTERNALITIES FINANCIAL BURDEN FINANCIAL CLOSURE FINANCIAL TRANSACTIONS FISCAL CONSTRAINTS FISCAL POLICIES FOREIGN EXCHANGE FOREIGN EXCHANGE RISK GENERATION GENERATION CAPACITY GROWTH RATES HIGHWAY HIGHWAY NETWORK HOUSEHOLD CONSUMPTION HUMAN CAPITAL INCOME GROWTH INCOME LEVEL INCOME LEVELS INFRASTRUCTURE ASSETS INFRASTRUCTURE FINANCING INFRASTRUCTURE INVESTMENT INFRASTRUCTURE INVESTMENTS INFRASTRUCTURE INVESTORS INFRASTRUCTURE POLICY INFRASTRUCTURE PRIVATIZATION INFRASTRUCTURE PROJECTS INFRASTRUCTURE PROVISION INFRASTRUCTURE REFORM INFRASTRUCTURE SECTOR INFRASTRUCTURE SPENDING INFRASTRUCTURE SUPPLY INFRASTRUCTURES INSTITUTIONAL CAPACITY INTERNATIONAL BANK INTERNATIONAL DEVELOPMENT INTERNATIONAL ECONOMY INTERNATIONAL ENERGY INVENTORY INVESTING INVESTMENT CLIMATE INVESTMENT COSTS INVESTMENT DECISIONS INVESTMENT FINANCE LABOR MARKETS LANES LEASE CONTRACTS LEGAL TRADITION LICENSES LIVING STANDARD LOCAL ECONOMY MACROECONOMIC VARIABLES MAINTENANCE EXPENDITURES MINIMUM RATE OF RETURN MISSING MARKETS MOBILITY NETWORK EXTERNALITIES PASSENGER TRANSPORT POLITICAL ECONOMY POLITICAL RISKS POOR HOUSEHOLDS POWER POWER PLANTS POWER SECTOR PRIVATE CAPITAL PRIVATE INVESTMENT PRIVATE INVESTORS PRIVATE OPERATORS PRIVATE PROVIDERS PRIVATE SECTOR PROVISIONS PUBLIC PUBLIC ENTERPRISES PUBLIC EXPENDITURE PUBLIC EXPENDITURE REVIEW PUBLIC FUNDS PUBLIC INFRASTRUCTURE PUBLIC INVESTMENT PUBLIC MONOPOLIES PUBLIC SECTOR PUBLIC SECTOR REFORM PUBLIC SPENDING RAIL RAILWAY RAILWAYS RATES OF RETURN REAL EXCHANGE RATE RENEGOTIATION RENEGOTIATIONS RENTS RESERVES RESIDENTIAL USERS RETURNS RING ROADS RISK MITIGATION ROAD ROAD NETWORKS ROAD SECTOR ROADS SAFETY SANITATION SANITATION SERVICES SERVICE PROVIDERS SETTLEMENT STOCK DATA STOCK MARKET STOCKS TAX TAX REVENUE TAXATION TELECOMMUNICATIONS TRAFFIC TRAFFIC MANAGEMENT TRAINS TRANSACTION TRANSPORT TRANSPORT CORRIDORS TRANSPORT COSTS TRANSPORT IMPROVEMENTS TRANSPORT INFRASTRUCTURE TRANSPORT NETWORK TRANSPORT SECTOR TRANSPORT SERVICES TRANSPORTATION TRANSPORTATION EQUITY TRANSPORTATION EQUITY ACT URBAN POVERTY URBAN ROADS URBANIZATION UTILITIES WATER SERVICES
spellingShingle	ACCESSIBILITY ACCOUNTING AGGLOMERATION AGGLOMERATION BENEFITS AMORTIZATION ARBITRAGE AVERAGE TARIFF BALANCE SHEET BENEFICIARIES BOTTLENECKS BRIDGE BUDGET CONSTRAINTS BUSES CAPITAL STOCK CAPITAL STOCKS CARS CASH FLOWS CLIMATE CHANGE CONCESSION CONCESSION CONTRACTS CONCESSIONS CONGESTION CONGESTION COSTS CONNECTION COSTS CONSUMER DEMAND CONTRACT AWARD COST OF CAPITAL COST RECOVERY COSTS OF TRANSPORT CROSS SUBSIDIES DEBT DECENTRALIZATION DEFICITS DELIVERY OF INFRASTRUCTURE SERVICES DEREGULATION DEVELOPING COUNTRIES DISBURSEMENTS DISPOSABLE INCOME DIVESTITURE DRIVERS DRIVING ECONOMETRIC APPROACHES ECONOMETRIC EVIDENCE ECONOMIC GROWTH ECONOMIC MODELS ELASTICITIES ELASTICITY ELECTRIC POWER ELECTRICITY ELECTRICITY DISTRIBUTION ELECTRICITY GENERATION ELECTRICITY SERVICES EXTERNALITIES FINANCIAL BURDEN FINANCIAL CLOSURE FINANCIAL TRANSACTIONS FISCAL CONSTRAINTS FISCAL POLICIES FOREIGN EXCHANGE FOREIGN EXCHANGE RISK GENERATION GENERATION CAPACITY GROWTH RATES HIGHWAY HIGHWAY NETWORK HOUSEHOLD CONSUMPTION HUMAN CAPITAL INCOME GROWTH INCOME LEVEL INCOME LEVELS INFRASTRUCTURE ASSETS INFRASTRUCTURE FINANCING INFRASTRUCTURE INVESTMENT INFRASTRUCTURE INVESTMENTS INFRASTRUCTURE INVESTORS INFRASTRUCTURE POLICY INFRASTRUCTURE PRIVATIZATION INFRASTRUCTURE PROJECTS INFRASTRUCTURE PROVISION INFRASTRUCTURE REFORM INFRASTRUCTURE SECTOR INFRASTRUCTURE SPENDING INFRASTRUCTURE SUPPLY INFRASTRUCTURES INSTITUTIONAL CAPACITY INTERNATIONAL BANK INTERNATIONAL DEVELOPMENT INTERNATIONAL ECONOMY INTERNATIONAL ENERGY INVENTORY INVESTING INVESTMENT CLIMATE INVESTMENT COSTS INVESTMENT DECISIONS INVESTMENT FINANCE LABOR MARKETS LANES LEASE CONTRACTS LEGAL TRADITION LICENSES LIVING STANDARD LOCAL ECONOMY MACROECONOMIC VARIABLES MAINTENANCE EXPENDITURES MINIMUM RATE OF RETURN MISSING MARKETS MOBILITY NETWORK EXTERNALITIES PASSENGER TRANSPORT POLITICAL ECONOMY POLITICAL RISKS POOR HOUSEHOLDS POWER POWER PLANTS POWER SECTOR PRIVATE CAPITAL PRIVATE INVESTMENT PRIVATE INVESTORS PRIVATE OPERATORS PRIVATE PROVIDERS PRIVATE SECTOR PROVISIONS PUBLIC PUBLIC ENTERPRISES PUBLIC EXPENDITURE PUBLIC EXPENDITURE REVIEW PUBLIC FUNDS PUBLIC INFRASTRUCTURE PUBLIC INVESTMENT PUBLIC MONOPOLIES PUBLIC SECTOR PUBLIC SECTOR REFORM PUBLIC SPENDING RAIL RAILWAY RAILWAYS RATES OF RETURN REAL EXCHANGE RATE RENEGOTIATION RENEGOTIATIONS RENTS RESERVES RESIDENTIAL USERS RETURNS RING ROADS RISK MITIGATION ROAD ROAD NETWORKS ROAD SECTOR ROADS SAFETY SANITATION SANITATION SERVICES SERVICE PROVIDERS SETTLEMENT STOCK DATA STOCK MARKET STOCKS TAX TAX REVENUE TAXATION TELECOMMUNICATIONS TRAFFIC TRAFFIC MANAGEMENT TRAINS TRANSACTION TRANSPORT TRANSPORT CORRIDORS TRANSPORT COSTS TRANSPORT IMPROVEMENTS TRANSPORT INFRASTRUCTURE TRANSPORT NETWORK TRANSPORT SECTOR TRANSPORT SERVICES TRANSPORTATION TRANSPORTATION EQUITY TRANSPORTATION EQUITY ACT URBAN POVERTY URBAN ROADS URBANIZATION UTILITIES WATER SERVICES Estache, Antonio Fay, Marianne Current Debates on Infrastructure Policy
relation	Commission on Growth and Development Working Paper;No. 49
description	This paper provides an overview of the major current debates on infrastructure policy. It reviews the evidence on the macroeconomic significance of the sector in terms of growth and poverty alleviation. It also discusses the major institutional debates, including the relative comparative advantage of the public and the private sector in the various stages of infrastructure service delivery as well as the main options for changes in the role of government (i.e. regulation and decentralization).
format	Working Paper
author	Estache, Antonio Fay, Marianne
author_facet	Estache, Antonio Fay, Marianne
author_sort	Estache, Antonio
title	Current Debates on Infrastructure Policy
title_short	Current Debates on Infrastructure Policy
title_full	Current Debates on Infrastructure Policy
title_fullStr	Current Debates on Infrastructure Policy
title_full_unstemmed	Current Debates on Infrastructure Policy
title_sort	current debates on infrastructure policy
publisher	World Bank, Washington, DC
publishDate	2017
url	http://documents.worldbank.org/curated/en/131091468167946991/Current-debates-on-infrastructure-policy http://hdl.handle.net/10986/27762
_version_	1764465051266187264

Current Debates on Infrastructure Policy

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