This survey reviews the existing macro-level empirical literature on the link between
infrastructure and development in a critical light. After providing a general framework that …

A dramatic change of ownership, regulation, and organisation of essential public services,
such as electricity, gas, and telecommunications, has taken place in Europe in less than 20 …

Numerous renegotiations have plagued water and transport concession contracts in Latin
America. Using a panel dataset of over 300 concession contracts from Latin America …

Limiting corruption and self-dealing is a precondition for making progress on the other
challenges facing the world--such as poverty, low levels of health and education, and …

The paper focuses on public utilities services located in poor countries with a special
attention to capture and corruption issues. It confronts the optimal policy of Auriol and Picard …

Recent evidence suggests that state-owned enterprises (SOEs) are increasingly taking over
other firms. Such domestic or transborder acquisitions are the reverse of privatizations …

This paper offers a theory of how the degree of corruption that prevails in a society responds
to changes in the ownership structure of major public service providers. We show that there …

Argentina privatized most public utilities during the 1990s but re-nationalized the main water
company in 2006. We study beliefs about the benefits of the privatization of water services …

The agenda of neoliberal market reform known as the Washington Consensus, which was
meant to turn around the economies of developing and postcommunist countries and …

PPPs are gaining importance as vehicles to fi nance much-needed public infrastructure
across various regions of the globe. Their primary goal is to reduce the sources of ineffi …