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  • 1
    UID:
    almafu_9958112274802883
    Format: 1 online resource (22 pages)
    Series Statement: Policy research working papers.
    Content: Infrastructure investment is a central part of the stimulus plans of the Latin American and the Caribbean (LAC) region as it confronts the growing financial crisis. This paper estimates the potential effects on direct, indirect, and induced employment for different types of infrastructure projects with LAC-specific variables. The analysis finds that the direct and indirect short-term employment generation potential of infrastructure capital investment projects may be considerable - averaging around 40,000 annual jobs per USD 1billion in LAC, depending upon such variables as the mix of subsectors in the investment program; the technologies deployed; local wages for skilled and unskilled labor; and the degrees of leakages to imported inputs. While these numbers do not account for substitution effect, they are built around an assumed "basket" of investments that crosses infrastructure sectors most of which are not employment-maximizing. Albeit limited in scope, rural road maintenance projects may employ 200,000 to 500,000 annualized direct jobs for every USD 1billion spent. The paper also describes the potential risks to effective infrastructure investment in an environment of crisis including sorting and planning contradictions, delayed implementation and impact, affordability, and corruption.
    Language: English
    URL: Volltext  (Deutschlandweit zugänglich)
    URL: Volltext  (kostenfrei)
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  • 2
    UID:
    almafu_9958143959802883
    Format: 1 online resource (31 pages)
    Series Statement: Policy research working papers.
    Content: The paper identifies the impact of physical barriers to trade within Central America through the use of an augmented and partially constrained Gravity Model of Trade. Adjusting the Euclidian distance factor for Central America by real average transport times, the model quantifies the impact of poor connectivity and border frictions on the region's internal trade as well as its trade with external partners, such as the United States and Europe. In addition, the authors benchmark Central America's trade coefficients against those of a physically integrated region by running a parallel Gravity Model for the 15 core countries of the European Union. This allows for the estimation of potential intra-regional and external trade levels if Central America were to reduce border frictions and time of travel between countries and thus benefit from both the adjacency of each country's neighbors and the gravitational pull of the region's economies. The analysis is conducted for all of Central America's trade and is also disaggregated for three groups of products-processed fruits and vegetables; steel and steel products; and grains-by both volume and value. This differentiation tests the consistency of the results while providing insight into the differentiation in trading patterns and potential for these containerized, break-bulk, and bulk products. The results of the model include a potential doubling in intraregional exports if Central America could achieve the adjacency and time-distance factors of a truly integrated region. In addition, the region's combined exports to the European Union and the United States are projected to increase by more than a third compared with the current level, assuming European Union-level adjacency performance. Even more external trade benefits would accrue by reducing the economic penalty imposed by overland transport and border crossing inefficiencies.
    Language: English
    URL: Volltext  (Deutschlandweit zugänglich)
    URL: Volltext  (kostenfrei)
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  • 3
    UID:
    almafu_9958143929402883
    Format: 1 online resource (41 pages)
    Series Statement: Policy research working papers.
    Content: Governments must decide how to allocate limited resources for infrastructure development, particularly since financing gaps have been projected for the coming decades. Social cost-benefit analysis provides sound project appraisal and, when systematically applied, a basis for prioritization. In some instances, however, capacity and resource limitations make extensive economic analyses across all projects unfeasible in the immediate term. This paper responds to a need for expanding the available set of tools for project selection by proposing an alternative prioritization approach that is systematic and feasible within the current resource means of government. The Infrastructure Prioritization Framework is a multi-criteria decision support tool that considers project outcomes along two dimensions, social-environmental and financial-economic. When large sets of small- to medium-sized projects are proposed, resources are limited, and basic project appraisal data (but not full social cost-benefit analysis) are available, the Infrastructure Prioritization Framework can inform project selection by combining selection criteria into social-environmental and financial-economic indexes. These indexes are used to plot projects on a Cartesian plane, and the sector budget is imposed to create a project map for comparison along each dimension. The Infrastructure Prioritization Framework is structured to accommodate multiple policy objectives, attend to social and environmental factors, provide an intuitive platform for displaying results, and take advantage of available data while promoting capacity building and data collection for more sophisticated appraisal methods and selection frameworks. Decision criteria, weighting, and sensitivity analysis should be decided and made transparent in advance of selection, and analysis should be made publicly available and open to third-party review.
    Language: English
    URL: Volltext  (Deutschlandweit zugänglich)
    URL: Volltext  (kostenfrei)
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  • 4
    UID:
    almafu_9958246217902883
    Format: 1 online resource (24 pages)
    Series Statement: Policy research working papers.
    Content: Learning from experience to improve future infrastructure public-private partnerships is a focal issue for policy makers, financiers, implementers, and private sector stakeholders. An extensive body of case studies and "lessons learned" aims to improve the likelihood of success and attempts to avoid future contract failures across sectors and geographies. This paper examines whether countries do, indeed, learn from experience to improve the probability of success of public-private partnerships at the national level. The purview of the paper is not to diagnose learning across all aspects of public-private partnerships globally, but rather to focus on whether experience has an effect on the most extreme cases of public-private partnership contract failure, premature contract cancellation. The analysis utilizes mixed-effects probit regression combined with spline models to test empirically whether general public-private partnership experience has an impact on reducing the chances of contract cancellation for future projects. The results confirm what the market intuitively knows, that is, that public-private partnership experience reduces the likelihood of contract cancellation. But the results also provide a perhaps less intuitive finding: the benefits of learning are typically concentrated in the first few public-private partnership deals. Moreover, the results show that the probability of cancellation varies across sectors and suggests the relative complexity of water public-private partnerships compared with energy and transport projects. An estimated USD 1.5 billion per year could have been saved with interventions and support to reduce cancellations in less experienced countries (those with fewer than 23 prior public-private partnerships).
    Language: English
    URL: Volltext  (Deutschlandweit zugänglich)
    URL: Volltext  (kostenfrei)
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  • 5
    UID:
    almafu_9958246589002883
    Format: 1 online resource (28 pages)
    Series Statement: Policy research working papers.
    Content: Through an empirical analysis of the relationship between private participation in infrastructure and country risk, the paper shows that country risk ratings are a reliable predictor of infrastructure investment levels in developing countries. The results suggest that a difference of one standard deviation in a country's sovereign risk score is associated with a 27 percent increase in the probability of having a private participation in infrastructure commitment, and a 41 percent higher level of investment in dollar terms. The predictive ability of country risk ratings exists for all sectors of infrastructure and for both greenfield and concessions. On average, energy investments exhibit a higher sensitivity to country risk than transport, telecommunications, and water investments. Concessions are more sensitive than greenfield investments to country risk, although country risk is a good predictor of investment levels for both contractual forms. Although foreign direct investment is found to be sensitive to country risk, the causal relationship is not nearly as sensitive as it is with private participation in infrastructure. Finally, an analysis of private participation in infrastructure patterns for those countries emerging from conflict reveals that conflict-affected countries typically require six to seven years to attract significant levels or forms of private investments in infrastructure from the day that the conflict is officially resolved. Private investments in sectors where assets are more difficult to secure-such as water, power distribution, or roads-are slower to appear or simply never materialize.
    Language: English
    URL: Volltext  (Deutschlandweit zugänglich)
    URL: Volltext  (kostenfrei)
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  • 6
    UID:
    b3kat_BV049074897
    Format: 1 Online-Ressource
    Edition: Online-Ausg Also available in print
    Series Statement: Policy research working paper 3727
    Content: "This paper summarizes the key findings and conclusions of a literature review of small-scale private service providers (SPSPs) of water supply and electricity conducted over a six-month period in 2003. It draws on more than 400 documents-including journals, articles, reports, case studies and project reports-which have been disaggregated and referenced in a publicly available database. SPSPs appear most prevalent in countries with low coverage levels, ineffective public utilities that provide inadequate or partial services, and remote, difficult-to-access regions. SPSPs are especially prevalent in post-conflict countries and others with weak or failed states. Of the countries for which evidence of SPSPs was available, at least half fall into this category. SPSP provision of networked services appears to be significantly higher for electricity than for water supply. Most SPSPs identified through the literature are single-purpose entities established for the express purpose of delivering water supply or electricity. SPSPs take a variety of organizational forms, both for-profit and non-profit. As such, they are established for a variety of reasons, including: to meet consumer demand, respond to crises, or as part of larger business ventures. The technology used may extend upstream from distribution services to the means for producing or generating water supply or electricity, so capital needs vary accordingly. The majority of SPSPs have fewer than 50 employees and usually fewer than 10. A lack of affordable financing is a constraint for most SPSPs, which fund investments mainly through their own earnings and savings, loans from friends and family, and money borrowed from formal and informal lenders. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 9/23/2005
    Additional Edition: Kariuki, Mukami Small-scale private service providers of water supply and electricity
    Language: English
    URL: Volltext  (URL des Erstveröffentlichers)
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  • 7
    UID:
    b3kat_BV048266106
    Format: 1 Online-Ressource (30 p)
    Content: This paper presents a technical efficiency analysis of container ports in Latin America and the Caribbean using an input-oriented stochastic frontier model. A 10-year panel is employed with data on container throughput, port terminal area, length of berths, and number of cranes available in 67 ports. The model has three innovations with respect to the available literature: (i) it treats ship-to-shore gantry cranes and mobile cranes separately, in order to account for the higher productivity of the former; (ii) a binary variable is introduced for ports using ships' cranes, treated as an additional source of port productivity; and (iii) a binary variable is used for ports operating as transshipment hubs. The associated parameters are highly significant in the production function. The results show an improvement in the average technical efficiency of ports in the Latin America and the Caribbean region from 36 percent to 50 percent between 1999 and 2009; the best-performing port in 2009 achieved a technical efficiency of 94 percent with respect to the frontier. The paper also studies possible determinants of port technical efficiency, such as ownership, corruption, terminal purpose, income per capita, and location. The results reveal positive, but weak, associations between technical efficiency with landlord ports and with lower corruption levels; stronger results are observed between technical efficiency with specialized container terminals and with average income
    Additional Edition: Sarriera, Javier Morales Benchmarking Container Port Technical Efficiency in Latin America and the Caribbean
    Language: English
    URL: Volltext  (kostenfrei)
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  • 8
    UID:
    b3kat_BV048264046
    Format: 1 Online-Ressource (p. cm)
    ISBN: 9780821396605 , 9780821397008
    Note: Includes bibliographical references
    Language: English
    URL: Volltext  (kostenfrei)
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 9
    UID:
    almafu_9958060489702883
    Format: pages cm.
    Edition: 1st ed.
    ISBN: 0-8213-9700-1
    Series Statement: World Bank e-Library.
    Content: This book provides insights into infrastructure sector performance by focusing on the links between key indicators for utilities, and changes in ownership, regulatory agency governance, and corporate governance, among other dimensions. By linking inputs and outputs over the last 15 years, the analysis is able to uncover key determinants that have impacted performance and address why the effects of such dimensions resulted in significant changes in the performance of infrastructure service provision.
    Note: Bibliographic Level Mode of Issuance: Monograph , Front Cover -- Title Page -- Copyright Page -- Contents -- Acknowledgments -- About the Authors -- Abbreviations -- Overview -- Message 1: Even in regions such as LAC, where reform has led to sector performance improvements in electricity distribution, water and sanitation, and fixed telecommunications, there is still much room for improvement -- Message 2: Both the government (as regulator and service provider) and the private sector (as service provider) can play active roles in improving sector performance -- Message 3: Improving sector performance requires a holistic approach that is tailored to specific circumstances -- Moving Forward -- Notes -- References -- Chapter 1 Introduction -- Analytical Framework and Scope -- Notes -- References -- Chapter 2 Benchmarking Utility Performance -- Why Benchmark Infrastructure Sectors? -- Do Utilities with Private Sector Participation Outperform Public Utilities? -- Conclusions -- Notes -- References -- Chapter 3 Understanding the Impact of Private Sector Participation on the Performance of Utilities -- Impact of Private Sector Participation on Electricity Distribution -- Impact of Private Sector Participation on Water and Sewerage -- Impact of Private Sector Participation on Fixed-Line Telecommunications -- Impact of Contract Design -- Conclusions -- Notes -- References -- Chapter 4 Regulatory Institutional Design and Sector Performance -- Benchmarking -- Factors Accounting for Differences in Governance -- Regulatory Governance and Sector Performance -- Principal Components of the Governance of Regulatory Agencies -- Conclusions -- Notes -- References -- Chapter 5 Corporate Governance of State-Owned Enterprises -- Methodology and Framework of Analysis -- Results of Corporate Governance Benchmarking -- Corporate Governance and Performance -- Conclusion -- Notes -- References. , Chapter 6 Other Determinants of Sector Performance -- Corruption -- Cost Recovery -- Role of Civil Society -- Contract Arrangements -- Private Sector Participation and Renegotiation -- Private Sector Participation and Reputation -- Economies of Scope, Scale, and Density -- Competition in the Telecommunication Sector -- Conclusion -- Notes -- References -- Chapter 7 Conclusions -- Note -- Appendix A Empirical Approach -- References -- Appendix B Data Sets -- Performance Indicators Data Set -- LAC Electricity Distribution Benchmarking Database -- LAC Water and Sanitation Benchmarking Database -- ITU World Telecommunication/ICT Indicators Database -- Contract and Regulatory Characteristics Data Set -- Regulatory Governance -- Corporate Governance of State-Owned Enterprises -- Notes -- References -- Appendix C Benchmarking Analysis -- Electricity Distribution -- Water and Sanitation Sector -- Telecommunications Sector -- Public versus Private Benchmarking Assessment -- Appendix D Detailed Results of the Empirical Analysis -- Reference -- Appendix E Dimensions of Regulatory Governance -- Appendix F Regulatory Governance and Performance -- Appendix G Corporate Governance and Performance -- Box -- Figures -- Tables -- Back Cover. , English
    Additional Edition: ISBN 0-8213-9660-9
    Additional Edition: ISBN 1-299-73469-3
    Language: English
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  • 10
    Book
    Book
    Heidelberg : Dpunkt.Verlag (Heidelberg) (Heidelberg)
    UID:
    kobvindex_ZLB08271770
    Format: XVII, 268 Seiten , zahlr. Ill , 25 cm
    Edition: 1. Aufl.
    ISBN: 9783864901812 , 3864901812
    Additional Edition: Erscheint auch als Online-Ausgabe Schwartz, Jordan Robert LEGO® kreativ
    Language: German
    Keywords: Anleitung
    Author information: Schwartz, Jordan
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