Regulation Of Infrastructure Markets
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| Author | : Davide Maresca |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 283 |
| Release | : 2012-09-26 |
| Genre | : Law |
| ISBN | : 3642338194 |
This casebook is an effort to explain infrastructure markets from a unique perspective: regulation. Regulation means the analysis of two main groups of laws, namely internal market and antitrust law. The aim is to find a uniform regulation applicable to infrastructures in the European common market through a direct reading and explanation of judicial opinions. The book is divided into five parts: two general chapters and three thematic chapters. The first chapter is an introduction to the main European law principles applicable to infrastructure markets. The second chapter applies the Services of General Interest doctrine to infrastructure markets: The key issue is the separation of the public administrations and the private companies operating infrastructures. The thematic chapters focus on seaports, railways and airports, respectively. The core of the examination is a dual perspective dealing with both the internal market rules and ensuring fair competition.
| Author | : Christian Wernick |
| Publisher | : Springer-Verlag |
| Total Pages | : 244 |
| Release | : 2007-12-12 |
| Genre | : Business & Economics |
| ISBN | : 3835054279 |
Concentrating on Germany and the UK, Christian Wernick provides the reader with insights on the effects of different regulatory strategies, which take place under a common European regulatory framework. Combining theoretical analyses and empirical material a sophisticated and balanced picture on the coherences between regulation and investment behaviour in Germany’s and the UK’s broadband markets is presented.
| Author | : Australian Competition and Consumer Commission |
| Publisher | : |
| Total Pages | : 217 |
| Release | : 2001 |
| Genre | : |
| ISBN | : |
| Author | : José A. Gómez-Ibáñez |
| Publisher | : Harvard University Press |
| Total Pages | : 456 |
| Release | : 2006-09-01 |
| Genre | : Business & Economics |
| ISBN | : 9780674037809 |
In the 1980s and '90s many countries turned to the private sector to provide infrastructure and utilities, such as gas, telephones, and highways--with the idea that market-based incentives would control costs and improve the quality of essential services. But subsequent debacles including the collapse of California's wholesale electricity market and the bankruptcy of Britain's largest railroad company have raised troubling questions about privatization. This book addresses one of the most vexing of these: how can government fairly and effectively regulate "natural monopolies"--those infrastructure and utility services whose technologies make competition impractical? Rather than sticking to economics, José Gómez-Ibáñez draws on history, politics, and a wealth of examples to provide a road map for various approaches to regulation. He makes a strong case for favoring market-oriented and contractual approaches--including private contracts between infrastructure providers and customers as well as concession contracts with the government acting as an intermediary--over those that grant government regulators substantial discretion. Contracts can provide stronger protection for infrastructure customers and suppliers--and greater opportunities to tailor services to their mutual advantage. In some cases, however, the requirements of the firms and their customers are too unpredictable for contracts to work, and alternative schemes may be needed.
| Author | : Ioannis Nicolaos Kessides |
| Publisher | : World Bank Publications |
| Total Pages | : 328 |
| Release | : 2004 |
| Genre | : Business & Economics |
| ISBN | : |
Electricity, natural gas, telecommunications, railways, and water supply, are often vertically and horizontally integrated state monopolies. This results in weak services, especially in developing and transition economies, and for poor people. Common problems include low productivity, high costs, bad quality, insufficient revenue, and investment shortfalls. Many countries over the past two decades have restructured, privatized and regulated their infrastructure. This report identifies the challenges involved in this massive policy redirection. It also assesses the outcomes of these changes, as well as their distributional consequences for poor households and other disadvantaged groups. It recommends directions for future reforms and research to improve infrastructure performance, identifying pricing policies that strike a balance between economic efficiency and social equity, suggesting rules governing access to bottleneck infrastructure facilities, and proposing ways to increase poor people's access to these crucial services.
| Author | : Australian Competition and Consumer Commission |
| Publisher | : |
| Total Pages | : 217 |
| Release | : 1998 |
| Genre | : |
| ISBN | : |
| Author | : Ingo Walter |
| Publisher | : Open Book Publishers |
| Total Pages | : 130 |
| Release | : 2016-11-21 |
| Genre | : Business & Economics |
| ISBN | : 1783742968 |
Infrastructure and its effects on economic growth, social welfare, and sustainability receive a great deal of attention today. There is widespread agreement that infrastructure is a key dimension of global development and that its impact reaches deep into the broader economy with important and multifaceted implications for social progress. At the same time, infrastructure finance is among the most complex and challenging areas in the global financial architecture. Ingo Walter, Professor Emeritus of Finance, Corporate Governance and Ethics at the Stern School of Business, New York University, and his team of experts tackle the issue by focussing on key findings backed by serious theoretical and empirical research. The result is a set of viable guideposts for researchers, policy-makers, students and anybody interested in the varied challenges of the contemporary economy.
| Author | : Gregory K. Ingram |
| Publisher | : Lincoln Inst of Land Policy |
| Total Pages | : 438 |
| Release | : 2013 |
| Genre | : Political Science |
| ISBN | : 9781558442511 |
More than 50 percent of the global population resides in urban areas where land policy and infrastructure interactions facilitate economic opportunities, affect the quality of life, and influence patterns of urban development. While infrastructure is as old as cities, technological changes and public policies on taxation and regulation produce new issues worthy of analysis, ranging from megaprojects and greenhouse gas emissions to involuntary resettlement. This volume, based on the 2012 seventh annual Land Policy Conference at the Lincoln Institute, brings together economists, social scientists, urban planners, and engineers to discuss how infrastructure issues impact low-, middle-, and high-income countries. Infrastructure drives economic and social activities. For urban areas, the challenges of balancing economic growth with infrastructure development and maintenance are reflected in debates about finance, regulation, and location and about the sustainable levels of infrastructure services. Relevant sectors include energy (electricity and natural gas); telecommunications (phone lines, mobile phone service, and Internet); transportation (airports, railways, roads, waterways, and seaports); and water supply and sanitation (piped water, irrigation, and sewage collection and treatment). Recent research shows that inadequate infrastructure is associated with income inequality. This is likely linked to the delivery of infrastructure services to households, such as direct health benefits, improved access to education, and enhanced economic opportunities. Because so much infrastructure is energy intensive, efforts to reduce greenhouse gas emissions and other negative impacts must address services such as electric power and transport. Bringing the management of infrastructure up to levels of good practice has a large economic payoff, and performance levels vary dramatically between and within countries. A crucial unmet challenge is to convince policy makers and voters that large economic returns can result from improving infrastructure performance and maintenance.
| Author | : Darryl S L Jarvis |
| Publisher | : World Scientific |
| Total Pages | : 622 |
| Release | : 2011-06-08 |
| Genre | : Political Science |
| ISBN | : 9814462217 |
Regulation of public infrastructure has been a topic of interest for more than a century. Providing public goods, securing their financing, maintenance, and improving the efficiency of their delivery, has generated a voluminous literature and series of debates. More recently, these issues have again become a central concern, as new public management approaches have transformed the role of the state in the provision of public goods and the modalities by which the financing of infrastructure and its operation are procured.Yet, despite the proliferation of new modalities of regulating infrastructure little is known about what works and why. Why do certain regulatory regimes fail and others succeed? What regulatory designs and institutional features produce optimal outcomes and how? And why do regulatory forms of governance when transplanted into different institutional contexts produce less than uniform outcomes?This book addresses these questions, exploring the theoretical foundations of regulation as well as a series of case studies drawn from the telecommunications, electricity, and water sectors. It brings together distinguished scholars and expert practitioners to explore the practical problems of regulation, regulatory design, infrastructure operation, and the implications for infrastructure provision.
| Author | : Ioannis Nicolaos Kessides |
| Publisher | : World Bank Publications |
| Total Pages | : 328 |
| Release | : 2004 |
| Genre | : Business & Economics |
| ISBN | : |
Electricity, natural gas, telecommunications, railways, and water supply, are often vertically and horizontally integrated state monopolies. This results in weak services, especially in developing and transition economies, and for poor people. Common problems include low productivity, high costs, bad quality, insufficient revenue, and investment shortfalls. Many countries over the past two decades have restructured, privatized and regulated their infrastructure. This report identifies the challenges involved in this massive policy redirection. It also assesses the outcomes of these changes, as well as their distributional consequences for poor households and other disadvantaged groups. It recommends directions for future reforms and research to improve infrastructure performance, identifying pricing policies that strike a balance between economic efficiency and social equity, suggesting rules governing access to bottleneck infrastructure facilities, and proposing ways to increase poor people's access to these crucial services.
