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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International Finance Corporation, Washington, DC
2019
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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 |
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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 |
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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 |
_version_ |
1764473805374226432 |