Download Institutions Performance And The Financing Of Infrastructure Services In The Caribbean World Bank Working Papers for free

Institutions, Performance, and the Financing of Infrastructure Services in the Caribbean (World Bank Working Papers)

Format: Paperback

Language: English

Pages: 210

Publisher: World Bank Publications (July 6, 2005)

ISBN: 0821362801

Format: PDF / Kindle / ePub

Size: 9 MB

Downloadable formats: PDF


This book reviews the access to services, investment needs, tariffs, and efficiency of fifteen Caribbean countries across five infrastructure sectors (telecommunications, electricity, water and sanitation, maritime transport and ports, and airports and air services). Benchmarks are established to compare Caribbean countries with each other, and with similar countries. To some extent, differences in performance can be explained by unalterable factors such as a given country's size and location. However, we find that, in many cases, differences in performance among countries cannot be completely explained by such factors. Many of the remaining differences seem to be attributable to institutional and policy factors, such as the level of competition among service providers within a given sector, whether providers are government or privately-controlled, and the quality of regulatory and subsidy regimes. The study highlights several key policy findings and recommends changes that have the potential to help Caribbean governments overcome some of their inherent disadvantages of scale to provide better, cheaper infrastructure services.

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