Infrastructure governance and corruption : where next ?
AbstractGovernance is central to development outcomes in infrastructure, not least because corruption (a symptom of failed governance) can have significantly negative impact on returns to infrastructure investment. This conclusion holds whether infrastructure is in private or public hands. This paper looks at what has been learned about the role of governance in infrastructure, provides some recent examples of reform efforts and project approaches, and suggests an agenda for greater engagement - primarily at the sector level - to improve governance and reduce the development impact of corruption. The discussion covers market structure, regulation, state-owned enterprise reform, planning and budgeting, and project design.
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Bibliographic InfoPaper provided by The World Bank in its series Policy Research Working Paper Series with number 4331.
Date of creation: 01 Aug 2007
Date of revision:
Banks&Banking Reform; Public Sector Corruption&Anticorruption Measures; National Governance; Governance Indicators; Transport Economics Policy&Planning;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-09-09 (All new papers)
- NEP-PBE-2007-09-09 (Public Economics)
- NEP-PPM-2007-09-09 (Project, Program & Portfolio Management)
- NEP-REG-2007-09-09 (Regulation)
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- Prabir De, 2010. "Governance, Institutions, and Regional Infrastructure in Asia," Working Papers id:3029, eSocialSciences.
- Laura Tuck & Jordan Schwartz & Luis Andres, 2009. "Crisis in LAC : Infrastructure Investment and the Potential for Employment Generation," World Bank Other Operational Studies 10986, The World Bank.
- Prabir De, 2010. "Governance, Institutions, and Regional Infrastructure in Asia," Governance Working Papers 22878, East Asian Bureau of Economic Research.
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