Title: Recent trends in private participation in infrastructure
Abstract: The trend of liberalizing and privatizing infrastructure activities that began in a few countries in the 1970s and 1980s turned into a wave that has swept the world in the 1990s. Developing countries have been at the crest of this wave, pioneering better approaches to providing infrastructure services, reaping the benefits of increased competition and customer focus, which have led to higher efficiency and the easing of fiscal constraints. Market leaders among developing countries such as Argentina, Chile, and Hungary have gone further in privatizinginfrastructure than all but a few industrial countries (New Zealand, the United Kingdom, andthe United States). This Note provides an overview of trends in private participation in infrastructure in developing countries by drawing on the World Bank’s Private Participation in Infrastructure (PPI) Project Database.
Publication Year: 1999
Publication Date: 1999-09-30
Language: en
Type: preprint
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Cited By Count: 26
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