Last edited by Zuludal
Wednesday, November 11, 2020 | History

4 edition of Infrastructure concessions in Latin America found in the catalog.

Infrastructure concessions in Latin America

J. Luis Guasch

Infrastructure concessions in Latin America

government-led renegotiations

by J. Luis Guasch

  • 217 Want to read
  • 18 Currently reading

Published by World Bank in [Washington, D.C .
Written in English

    Places:
  • Latin America
    • Subjects:
    • Infrastructure (Economics) -- Latin America -- Case studies.

    • Edition Notes

      StatementJ. Luis Guasch, Jean-Jacques Laffont, Stephane Straub.
      GenreCase studies.
      SeriesPolicy research working paper ;, 3749, Policy research working papers (Online) ;, 3749.
      ContributionsLaffont, Jean-Jacques, 1947-, World Bank.
      Classifications
      LC ClassificationsHG3881.5.W57
      The Physical Object
      FormatElectronic resource
      ID Numbers
      Open LibraryOL3479108M
      LC Control Number2005620063

      Water privatization in Brazil has been relatively limited compared to other infrastructure sectors (power, transport, telecommunications). Compared to other Latin American countries, it has been more stable than in Argentina and Bolivia, but also less widespread than for example in Chile. As under all concession contracts, the infrastructure.


Share this book
You might also like
modern guide to fingerings for the flute

modern guide to fingerings for the flute

Second report from Select Committee on Metropolis Improvements

Second report from Select Committee on Metropolis Improvements

exhibition of fifty-one pictures from the Gregynog, Dulwich College and other collectiosn.

exhibition of fifty-one pictures from the Gregynog, Dulwich College and other collectiosn.

For peace and co-operation among nations

For peace and co-operation among nations

Sarah J. Warren.

Sarah J. Warren.

Life & Death of a Salt M

Life & Death of a Salt M

Sitar and its compositions (2 volumes)

Sitar and its compositions (2 volumes)

Bretton Woods proposals.

Bretton Woods proposals.

poetical works of Philip late Duke of Wharton; and others of the Wharton family, and of the Dukes intimate acquaintance ...

poetical works of Philip late Duke of Wharton; and others of the Wharton family, and of the Dukes intimate acquaintance ...

Tahl

Tahl

The Accelerator

The Accelerator

Infrastructure concessions in Latin America by J. Luis Guasch Download PDF EPUB FB2

The authors complement the existing knowledge in the renegotiation literature on infrastructure concessions by analyzing government-led renegotiations. They first propose a multiple-period theoretical framework in which both Pareto-improving and rent-shifting renegotiations at the initiative of the government can occur.

Little over a decade ago, infrastructure concessions promised to solve Latin America's endemic infrastructure deficit. Awarded in competitive auctions, these concessions were supposed to. Granting and Renegotiating Infrastructure Concessions: Doing it Right: Getting It Right (WBI Development Studies) - Kindle edition by J.

Luis Guasch. Download it once and read it on your Kindle device, PC, phones or tablets. Use features like bookmarks, note taking and highlighting while reading Granting and Renegotiating Infrastructure Concessions: Doing it Right: Getting It Right (WBI /5(2).

Concessions of infrastructure in Latin America: Government‐led renegotiation. School of Economics, University of Edinburgh, William Robertson Building, 50 George Square, Edinburgh EH8 9JY, UK.

School of Economics, University of Edinburgh, William Robertson Building, 50 George Square, Edinburgh EH8 9JY, by: infrastructure concessions, across a variety of Latin American countries and infrastructure sectors, and com- paring them against expected returns given the level of risk taken—the cost of Size: KB.

the government in infrastructure concession contracts, using a Latin Amer-ican data set from the World Bank, covering concession projects in the sectors of transport and water, in five countries (Argentina, Brazil, Chile, Colombia and Mexico) between and Its empirical contribution is important in several ways.

Cited By Little over a decade ago, infrastructure concessions promised to solve Latin America's endemic infrastructure deficit.

Awarded in competitive auctions, these concessions were supposed to combine private sector efficiency with rent dissipation brought about by competition. A review of more than 1, infrastructure concessions awarded in Latin America demonstrated a high rate of renegotiation, ranging from a low of 10% in electricity sector, to 55% of transport.

The analysis uses an extensive data set of about 1, infrastructure concessions granted in Latin America from the late s to the early s. The analysis finds that as. Overview 3. a quarter of GDP gap (tablefigure ). As figure shows, the contri- bution of Infrastructure concessions in Latin America book infrastructure gap toward the output gap is considerable for almost all countries in Latin America and the Caribbean.

Many studies at the microlevel have illustrated the effect of infrastruc- ture on unit Size: 3MB. Empirical evidence and regulatory implications (English) Abstract.

This report estimates the returns that private investors in infrastructure projects in Latin America really made on their investments, and assesses the adequacy of these returns relative to the risks taken-the cost Cited by: Infrastructure concessions in Latin America: government-led renegotiations The authors complement the existing knowledge in the renegotiation literature on infrastructure concessions by analyzing government-led renegotiations.

Get this from a library. Infrastructure concessions in Latin America: government-led renegotiations. [J Luis Guasch; Jean-Jacques Laffont; Stephane Straub; World Bank. Latin America and the Caribbean Regional Office. Finance, Private Sector, and Infrastructure Department.] -- The authors complement the existing knowledge in the renegotiation literature on infrastructure concessions by.

Luis Guasch & Jean-Jacques Laffont & Stéphane Straub, "Concessions of infrastructure in Latin America: Government-led renegotiation," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 22(7), pages This paper estimates the returns that private investors in infrastructure projects in Latin America really made on their investments, and assesses the adequacy of these returns relative to the risks taken—the cost of capital—and the impact that the quality of regulation had on the closeness of alignment between returns and the cost of by: PPPs and Latin American Infrastructure Markets: Brazil and Chile.

By Jose Luis Vittor and Tim R Samples (Hogan Lovells US LLP) Jose Luis Vittor (@) is Partner in the Houston office of Hogan Lovells US LLP. In the last decade, most countries in Latin America and the Caribbean (LAC) have not spent enough on infrastructure.

Total investment has fallen as a percentage of GDP, as public infrastructure expenditure has borne the brunt of fiscal adjustment, and private investment has failed to take up the slack. This is done by estimating both historical and projected future returns earned by a sample of private infrastructure concessions, across a variety of Latin American countries and infrastructure.

The combination of a high volatility of returns and a high probability that returns are lower than required confirms that infrastructure concessions in Latin America are a high-risk investment proposal. This in turn explains why investors in such concessions tend to demand significant risk premiums and thus high-expected returns.

Cited by: Concessions of Infrastructure in Latin America: Government-led Renegotiation Guasch World Bank And University of California, San Diego Jean-Jacques Laffont University of Toulouse and University of Southern California Stéphane Straub∗ University of Edinburgh Ap Abstract This paper completes Guasch, Laffont and Straub.

How profitable are infrastructure concessions in Latin America. Empirical evidence and regulatory implications (Inglês) Resumo. This report estimates the returns that private investors in infrastructure projects in Latin America really made on their investments, and assesses the adequacy of these returns relative to the risks taken-the cost of capital-and the impact that the quality Cited by: While privatization of water, electricity, transport and communications infrastructure continues to gain momentum in Latin America, its success often depends on whether countries implement the.

Believing in the potential of Latin America, the Group has promoted the expansion of its presence into markets such as Mexico, Brazil and Colombia, completing benchmark construction projects and including in its portfolio, highway concessions covering a network of over 1, km.

"During the 's a number of countries in Latin America including Argentina, Bolivia and Chile, developed policies focused on utility sector liberalization through increased private sector participation. This focus resulted from the recognition that overall quality and availability of services were inadequate.

Infrastructure reform is inexorably linked to poverty alleviation and therefore. Infrastructure maintenance: increasing capacities/specialization and gaining scale Environmental and Facilities Management: developing organically in Spain and exploring internationalization through the “oil spill” model Water: in Latin America, North America and the Middle East CONCESSIONS Engine for growth and stabilityFile Size: 4MB.

Summary: "While privatization of water, electricity, transportation and communications infrastructure continues to gain momentum in Latin America, its success often depends on whether countries implement the reforms essential to attract private investment."--BOOK JACKET.

How profitable are infrastructure concessions in Latin America. Empirical evidence and regulatory implications (英语) 摘要. This report estimates the returns that private investors in infrastructure projects in Latin America really made on their investments, and assesses the adequacy of these returns relative to the risks taken-the cost of capital-and the impact that the quality Cited by: infrastructure concession contracts, using a Latin American dataset from the World Bank, covering concession projects in the sectors of transport and water, in five countries (Argentina, Brazil, Chile, Colombia and Mexico) between and Its empirical contribution is important in.

The CCR Group is one of the largest infrastructure concession companies in Latin America. Operating in the segments of highway concession, urban mobility, airports and services, Grupo CCR works with four business centers, engaged in the management of both current and new businesses.

How Profitable Are Infrastructure Concessions in Latin America. Author: Sophie Sirtaine, Maria Elena Pinglo, J. Luis Guasch, and Vivien Foster. Download PDF ( KB) This report estimates the returns that private investors in infrastructure projects in Latin America really made on their investments, and assesses the adequacy of these returns.

Evan Ellis is a member of the Policy Planning staff at the U.S. State Department. He has followed Chinese commercial activities in Latin America for over 16 years, and has published three books,more than a hundred articles and book chapters on the : Evan Ellis.

Infrastructure development is particularly important for Latin America, which has a relatively low quality of infrastructure development when compared to similarly developed countries.

Why Infrastructure in Latin America Matters. On the other hand, infrastructure can have a positive impact on a country’s economy. With an order book of more than EUR 4 billion, the Company operates in the United States by holding a controlling stake in Halmar International, one of the top five companies in the metropolitan area of New York in the transport infrastructure sector, in Latin America, Europe, Africa and the Middle East.

28 EXPANDING THE URBAN TRANSPORTATION INFRASTRUCTURE THROUGH CONCESSION AGREEMENTS: LESSONS FROM LATIN AMERICA. Daniel A. Rodriguez. Daniel A. Rodriguez is a Ph.D. student in the Urban and Regional Planning Program at the University ofMichigan.

He has degrees in management systems and decision science from Fordham University. How to Invest in Infrastructure Stocks With government budgets stretched thin, the private sector will likely play an important role in building the infrastructure needed to support global : Matthew Dilallo.

Highways to Heaven: Infrastructure Determinants and Trends in Latin America and the Caribbean by Valerie Cerra, Alfredo Cuevas, Carlos Goes, Izabela Karpowicz, Troy Matheson, Issouf Samake, and Svetlana Vtyurina IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate.

OHL mulls IPO of concessions unit. The Spanish developer is considering listing up to 30 percent of its concessions business, which was responsible for 76% of the group’s EBITDA in its half yearly results.

The concessions unit manages 28 concessions, including more than 4,km of highways, mostly in Latin America. About the CCR Group: Established inthe CCR Group is one of the five largest infrastructure concession companies in Latin America, the leader in the concession segment in Brazil, responsible for 19% (3, Km) of highways under private initiative administration.

Driven by innovation and forward thinking, CCR created in four independent operational groups [ ]. LAVCA is the Association for Private Capital Investment in Latin America, a not-for-profit membership organization dedicated to supporting the growth of private capital in Latin America and the Caribbean through research, education, networking and advocacy.

The civil law tradition of concessions was also followed in Latin America. Private investment in infrastructure was generally not a policy priority from the s to the s.

However, from the s a number of Latin American countries enacted legal reforms to once again encourage private investment in infrastructure. IJLATAM, the region’s leading event for energy and infrastructure finance in Latin America, returns to the beautiful 1 Hotel, South Beach, Miami on March 17th & 18th for another exciting gathering of leading market players.

In this year's edition of the conference, key decision-makers will comment on concession outlook, emerging trends in.After all, many railways in Latin America were originally built as private sector concessions and have only been under public sector control since the end of World War II.” [1] Indeed, Latin America’s railroads were built in the late 19th century to facilitate the cheap and quick export of its natural resources within a global economic.Andrade Gutierrez is a Brazilian private multinational conglomerate headquartered in Belo company was founded in in Belo Horizonte, Minas Gerais by the Andrade and Gutierrez families.

As ofAndrade Gutierrez is the second largest construction company in Brazil with branches in 44 countries and a net income of 8 billion d: Belo Horizonte, Minas Gerais.