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The Impact of Private Sector Participation in Infrastructure : Lights, Shadows, and the Road AheadAs numerous countries in Latin America
 and the Caribbean and elsewhere are moving toward a second
 phase of private participation in infrastructure programs
 mostly through public-private partnership schemes and other
 countries are just beginning the process, several concerns
 remain from the outcomes of the first phase. These concerns
 are making governments cautious in moving forward. The
 Impact of private sector participation in infrastructure
 addresses these concerns and brings clarity to the debate on
 the impact of private participation in infrastructure. The
 assessment of this impact may be one of the most emotional
 policy issues in economics, as it is clouded in a mist of
 myths, perceptions, and reality. This book analyzes the
 impact and sorts out the truth from the myths. The authors
 take a systematic and hard look at the facts (i.e., data) in
 Latin America, where starting in the late 1980s, many
 governments brought private sector participation into the
 delivery of essential utilities services. Although there are
 many assessments of this experience, none was able to rely
 on systemic, cross-country, and time-series data, and
 practically all of them did not save rare exceptions account
 for what would have happened in the absence of interventions
 (the counterfactual). This book does just that. It brings
 together an all encompassing database from the 1980s to the
 first decade of this century and develops an effective and
 robust methodology, accounting for the counterfactual, which
 tests and estimates the impact of reform on an exceptionally
 wide set of outcome indicators. As a result, this book
 presents the most in-depth study to date of the private
 sector participation experience in Latin America, and it
 substantially advances the existing literature by offering
 robust econometric analysis.
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Africa's Infrastructure : A
 Time for TransformationThis study is part of the Africa
 Infrastructure Country Diagnostic (AICD), a project designed
 to expand the world's knowledge of physical
 infrastructure in Africa. The AICD will provide a baseline
 against which future improvements in infrastructure services
 can be measured, making it possible to monitor the results
 achieved from donor support. It should also provide a more
 solid empirical foundation for prioritizing investments and
 designing policy reforms in the infrastructure sectors in
 Africa. The AICD is based on an unprecedented effort to
 collect detailed economic and technical data on the
 infrastructure sectors in Africa. The project has produced a
 series of original reports on public expenditure, spending
 needs, and sector performance in each of the main
 infrastructure sectors, including energy, information and
 communication technologies, irrigation, transport, and water
 and sanitation. The first phase of the AICD focused on 24
 countries that together account for 85 percent of the gross
 domestic product, population, and infrastructure aid flows
 of Sub-Saharan Africa. Under a second phase of the project,
 coverage is expanding to include as many of the additional
 African countries as possible.
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Africa's Infrastructure : A Time for TransformationThis study is part of the Africa Infrastructure Country Diagnostic (AICD), a project designed to expand the world's knowledge of physical infrastructure in Africa. The AICD will provide a baseline against which future improvements in infrastructure services can be measured, making it possible to monitor the results achieved from donor support. It should also provide a more solid empirical foundation for prioritizing investments and designing policy reforms in the infrastructure sectors in Africa. The AICD is based on an unprecedented effort to collect detailed economic and technical data on the infrastructure sectors in Africa. The project has produced a series of original reports on public expenditure, spending needs, and sector performance in each of the main infrastructure sectors, including energy, information and communication technologies, irrigation, transport, and water and sanitation. The first phase of the AICD focused on 24 countries that together account for 85 percent of the gross domestic product, population, and infrastructure aid flows of Sub-Saharan Africa. Under a second phase of the project, coverage is expanding to include as many of the additional African countries as possible.