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Searching with a thematic focus on Governance, Privatisation of infrastructure
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Ownership and financing of infrastructure : historical perspectives
Policy Research Working Papers, World Bank, 1995History provides many examples of movements both toward and away from private ownership and operation of infrastructure. In France, Great Britain, and the United States, shifts between local, intermediate, and national levels of government in ownership and regulation of some forms of infrastructure have also been common.DocumentSaving in transition economies : the summary report
Policy Research Working Papers, World Bank, 1995Savings in transition economies have declined since independence, but something else has happened, too: Financial assets have shifted from bank deposits to alternative financial instruments, including foreign currency, "trust company" shares, and private loans.DocumentRestructuring regulation of the rail industry for the public interest
Policy Research Working Papers, World Bank, 1995To a greater extent than in the past, market forces should shape the prices and logistics of railroad services.DocumentThe rise of securities markets : what can government do?
Policy Research Working Papers, World Bank, 1995Institutions interested in stimulating the development of securities markets in developing and transition economies should remember lessons from U.S. financial history: Put fiscal practices on a solid ground and then encourage disclosure of financial information to investors. One benefit of a good stock market is that a developing country will find it easier to sell bonds to foreign investors.DocumentUniversal banking and the financing of industrial development
Policy Research Working Papers, World Bank, 1995Developing countries designing financial systems should take a lesson from U.S.DocumentRegulating telecommunications in developing countries : outcomes, incentives, and commitment
Policy Research Working Papers, World Bank, 1995The private sector invests heavily in infrastructure, makes reasonable returns, and improves productivity when regulators reduce the firm's information advantage, induce the firm (through pricing) to operate efficiently, and institute safeguarding mechanisms to protect the firm against expropriation of assets or quasirents.In response to the recent wave of privatizing and regulating monopoliesDocumentWorkers in transition
Policy Research Working Papers, World Bank, 1995The outlook is bright for transition economies that are fully embracing market based reform, including appropriate, coherently applied labor policies. In other transition economies, a mix of paternalism and populism could produce partial, timid reform that makes them increasingly unproductive and corrupt.DocumentConcessions of busways to the private sector : the Sao Paulo Metropolitan Region experience
Policy Research Working Papers, World Bank, 1995A pioneer project in Sao Paulo, Brazil (and in the world) demonstrates that private companies are ready to go deeper into public transport than they have gone before.DocumentDifferent strategies of transition to a market economy : how do they work in practice?
Policy Research Working Papers, World Bank, 1996The government's ability to act fast and with determination is more important to radical economic reform than technical perfection in designing new policy instruments. Political consent to reform measures lasts a short time, so it should be used in full.DocumentBank regulation : the case of the missing model
Policy Research Working Papers, World Bank, 1996The success of financial reform and the stability of financial systems depend partly on a regulatory framework that rewards prudent risk taking and is attuned to both institutions and the structure of the economy.Pages
