Privatization and Regulation of Transport Infrastructure Guidelines for Policymakers and Regulators

by ;
Format: Paperback
Pub. Date: 2000-06-28
Publisher(s): World Bank Publications
List Price: $32.00

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Summary

The 1990s saw an increase in the liberalisation of transport policies and a strengthening of the role of private operators and investors in transport infrastructure worldwide. The search for sustained improvement in efficiency is probably secondary to the need to find additional financing, but it is improvement in services that is at the core of the new role of the government in transport. Governments must now become fair economic regulators of many of the privately operated transport services and infrastructures. This book examines the major challenges that governments are likely to face in taking on their new role in transport.

Table of Contents

Foreword ix
Acknowledgments xi
Introduction
1(4)
The Regulation of Transport Infrastructure and Services: A Conceptual Overview
5(46)
Antonio Estache
Gines de Rus
Why Economic Regulation of Transport?
6(4)
The Diversity of Objectives Reflected in Economic Regulation
10(2)
Natural Monopoly, Competition, and the Unbundling of Activities
12(2)
Unavoidable Restrictions to Entry and Regulation
14(2)
The Main Elements of Contract Design from a Regulator's Viewpoint
16(25)
Public Service Obligations, Competition, and Equity
41(3)
Regulatory Institutions
44(5)
Conclusions
49(2)
Airports
51(62)
Ofelia Betancor
Roberto Rendeiro
Airport Services
51(12)
Privatization and Regulatory Trends
63(15)
Price Regulation
78(14)
Quality and Safety Regulation
92(9)
Performance Indicators
101(9)
Conclusions
110(3)
Seaports
113(58)
Lourdes Trujillo
Gustavo Nombela
Characteristics of Seaports' Services: The Multiproduct Nature of the Activity
115(1)
Seaport Infrastructures
116(1)
Seaport Services
117(2)
Coordination of Activities: Port Authorities
119(4)
Privatization and Regulation of Seaports
123(1)
The Traditional Seaport Organization
123(5)
The Movement toward Privatization
128(6)
Concession Contracts in Ports
134(17)
Africa
151(1)
The Americas
151(2)
Asia
153(2)
Price Regulation
155(6)
Quality and Safety Regulation
161(4)
Performance Indicators
165(3)
Conclusions
168(3)
Railways
171(64)
Javier Campos
Pedro Cantos
Characteristics of Railway Services
171(6)
Privatization and Regulatory Trends
177(24)
Price Regulation
201(11)
Quality and Safety Regulation
212(14)
Performance Indicators
226(7)
Conclusions
233(2)
Toll Roads
235(58)
Antonio Estache
Manuel Romero
John Strong
Toll Road Services
235(10)
Privatization and Regulatory Trends
245(34)
Price Regulation
279(6)
Quality Regulation
285(4)
Performance Indicators and Information Requirements
289(3)
Conclusions: Recent Innovations and Emerging Issues
292(1)
References 293(14)
Index 307

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