Private Participation in Infrastructure: Trends in Developing Countries in 1990-2001 : Energy, Telecommunications, Transport, Water

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World Bank Publications, 2003 M01 1 - 163 pages
Drawing on data from the World Bank's Private Participation in Infrastructure (PPI) database, this new book provides an overview of the nearly 2500 private infrastructure projects that were implemented between the period 1990-2001 in 132 developing countries and mobilized investment of some $754 billion. It covers projects in the transport, energy (electricity and gas), telecoms, and water and sewerage sectors that received private investment through management and lease contracts, concessions, greenfield projects, or divestitures. Overall, the trend in PPI illustrates a dramatic increase in investment flows between 1990-1997 as governments around the world turned to the private sector for innovative and cost-effective solutions to increasing coverage, raising quality standards, and aiming for cost recovery and sustainability in infrastructure service provision. However, since the economic crises of the late 1990s, a few (but high-profile) cases of canceled projects, visible corporate governance and accounting problems, and a general global economic slowdown led to a chilling effect on investors and resulted in declines in investment so that 2001 levels paralleled that of the mid-1990s.
 

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Contents

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Page 119 - East Asia and Pacific Europe and Central Asia Latin America and the Caribbean Middle East and North Africa...
Page 48 - Asia, and in Latin America and the Caribbean. In Latin America and the Caribbean...
Page 10 - Latin America and the Caribbean East Asia and Pacific Europe and Central Asia South Asia Middle East and North Africa - OM 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 Source: World Bank, PPI Project Database.
Page 151 - A project is considered to have private participation if a private company or investor bears a share of the project's operating risk.

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