Infrastructure Governance and Corruption : Where Next?
Governance is central to development outcomes in infrastructure, not least because corruption (a symptom of failed governance) can have significantly negative impact on returns to infrastructure investment. This conclusion holds whether infrastruct...
Main Author: | |
---|---|
Format: | Policy Research Working Paper |
Language: | English |
Published: |
World Bank, Washington, DC
2012
|
Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2007/08/8180111/infrastructure-governance-corruption-next http://hdl.handle.net/10986/7314 |
Summary: | Governance is central to development
outcomes in infrastructure, not least because corruption (a
symptom of failed governance) can have significantly
negative impact on returns to infrastructure investment.
This conclusion holds whether infrastructure is in private
or public hands. This paper looks at what has been learned
about the role of governance in infrastructure, provides
some recent examples of reform efforts and project
approaches, and suggests an agenda for greater engagement -
primarily at the sector level - to improve governance and
reduce the development impact of corruption. The discussion
covers market structure, regulation, state-owned enterprise
reform, planning and budgeting, and project design. |
---|