Service Performance Guarantees for Public Utilities and Beyond : An Innovation with Potential to Attract Investors to Emerging Markets

Emerging market countries require substantial foreign investment for development, economic growth,and poverty alleviation. There are multiple challenges to attracting this investment, however, ranging from political and economic instability to corr...

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Main Authors: Ramachandran, Vijay, Gelb, Alan, Buehler, Martin Reto
Format: Brief
Language:English
Published: International Finance Corporation, Washington, DC 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/405751547845579068/Service-Performance-Guarantees-for-Public-Utilities-and-Beyond-An-Innovation-with-Potential-to-Attract-Investors-to-Emerging-Markets
http://hdl.handle.net/10986/31201
id okr-10986-31201
recordtype oai_dc
spelling okr-10986-312012021-05-25T10:54:36Z Service Performance Guarantees for Public Utilities and Beyond : An Innovation with Potential to Attract Investors to Emerging Markets Ramachandran, Vijay Gelb, Alan Buehler, Martin Reto EMERGING MARKET ECONOMIES PUBLIC UTILITIES SERVICE DELIVERY PERFORMANCE GUARANTEES FOREIGN DIRECT INVESTMENT INVESTMENT ZONE Emerging market countries require substantial foreign investment for development, economic growth,and poverty alleviation. There are multiple challenges to attracting this investment, however, ranging from political and economic instability to corruption, poor security, and small market size. An additional challenge is inadequate delivery of key services like electricity and other utilities that private firms and investors rely on. Service performance guarantees are a promising approach to addressing this issue. These guarantees enable firms to purchase protection against poor or insufficient service delivery, and they may work particularly well in industrial or export processing zones by ensuring that shortfalls in service delivery are measured, reported, and addressed in a timely manner. 2019-02-01T21:43:50Z 2019-02-01T21:43:50Z 2019-01 Brief http://documents.worldbank.org/curated/en/405751547845579068/Service-Performance-Guarantees-for-Public-Utilities-and-Beyond-An-Innovation-with-Potential-to-Attract-Investors-to-Emerging-Markets http://hdl.handle.net/10986/31201 English EMCompass;Note 62 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo International Finance Corporation International Finance Corporation, Washington, DC Publications & Research Publications & Research :: Brief
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic EMERGING MARKET ECONOMIES
PUBLIC UTILITIES
SERVICE DELIVERY
PERFORMANCE GUARANTEES
FOREIGN DIRECT INVESTMENT
INVESTMENT ZONE
spellingShingle EMERGING MARKET ECONOMIES
PUBLIC UTILITIES
SERVICE DELIVERY
PERFORMANCE GUARANTEES
FOREIGN DIRECT INVESTMENT
INVESTMENT ZONE
Ramachandran, Vijay
Gelb, Alan
Buehler, Martin Reto
Service Performance Guarantees for Public Utilities and Beyond : An Innovation with Potential to Attract Investors to Emerging Markets
relation EMCompass;Note 62
description Emerging market countries require substantial foreign investment for development, economic growth,and poverty alleviation. There are multiple challenges to attracting this investment, however, ranging from political and economic instability to corruption, poor security, and small market size. An additional challenge is inadequate delivery of key services like electricity and other utilities that private firms and investors rely on. Service performance guarantees are a promising approach to addressing this issue. These guarantees enable firms to purchase protection against poor or insufficient service delivery, and they may work particularly well in industrial or export processing zones by ensuring that shortfalls in service delivery are measured, reported, and addressed in a timely manner.
format Brief
author Ramachandran, Vijay
Gelb, Alan
Buehler, Martin Reto
author_facet Ramachandran, Vijay
Gelb, Alan
Buehler, Martin Reto
author_sort Ramachandran, Vijay
title Service Performance Guarantees for Public Utilities and Beyond : An Innovation with Potential to Attract Investors to Emerging Markets
title_short Service Performance Guarantees for Public Utilities and Beyond : An Innovation with Potential to Attract Investors to Emerging Markets
title_full Service Performance Guarantees for Public Utilities and Beyond : An Innovation with Potential to Attract Investors to Emerging Markets
title_fullStr Service Performance Guarantees for Public Utilities and Beyond : An Innovation with Potential to Attract Investors to Emerging Markets
title_full_unstemmed Service Performance Guarantees for Public Utilities and Beyond : An Innovation with Potential to Attract Investors to Emerging Markets
title_sort service performance guarantees for public utilities and beyond : an innovation with potential to attract investors to emerging markets
publisher International Finance Corporation, Washington, DC
publishDate 2019
url http://documents.worldbank.org/curated/en/405751547845579068/Service-Performance-Guarantees-for-Public-Utilities-and-Beyond-An-Innovation-with-Potential-to-Attract-Investors-to-Emerging-Markets
http://hdl.handle.net/10986/31201
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