Download or read book Private Solutions for Infrastructure in Mexico written by Public-Private Infrastructure Advisory Facility and published by World Bank Publications. This book was released on 2003 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sustainable poverty reduction and equitable economic development depend on the solid foundation of the rule of law. These reforms are underpinned by legal reform, whether it be to increase efficiency in business transactions, benefit from globalization policies, improve the way governments deliver essential services, or facilitate access to a more efficient and effective justice system. Internationally, rules and frameworks of cooperation are required in order to confront new global threats, such as communicable diseases, attacks on the environmental commons, destabilizing capital movements, and money laundering. The World Bank Legal Review, the first in a new annual series, offers a combination of legal scholarship, lessons from experience, legal developments, and recent reports on the many ways in which the application of law and the improvement of justice systems promote poverty reduction, economic development, and the rule of law. This book, produced by the Legal Vice Presidency of the World Bank, is a publication for policymakers and their legal advisers, attorneys and other professionals involved in the area of international development.
Download or read book Private Solutions for Infrastructure in Mexico written by and published by . This book was released on 2003 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Private Solutions for Infrastructure in Mexico Public Private Infrastructure Advisory Facility written by and published by . This book was released on 2003 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Public Infrastructure and Private Sector Profitability and Productivity in Mexico written by Anwar Shah and published by World Bank Publications. This book was released on 1988 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: Microeconometric analysis of Mexican industry shows additional investment in public infrastructure produces only a small increase in output. This suggests that the policy emphasis in Mexico should be on the better upkeep of existing infrastructure to ensure the continuity of public services rather than on new capital investment.
Download or read book OECD Regional Development Studies Decentralisation and Local Infrastructure in Mexico A New Public Policy for Development written by OECD and published by OECD Publishing. This book was released on 1999-12-06 with total page 145 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication sheds light on the issue of decentralisation in Mexico.
Download or read book Private Costs and Public Infrastructure written by Russell D. Murphy and published by . This book was released on 2001 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Private Costs and Public Infrastructure The Mexican Case written by Russell D. Murphy and published by . This book was released on 2006 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: One objective of government investment is to develop public infrastructure which may reduce private sector costs. In a developing economy, the scope for payoffs to investments of this sort may be particularly large. A major concern related to the recent fiscal adjustment in Mexico is that it has been carried out, in part, by depleting public infrastructure stocks.We estimate the effects of public infrastructure on private sector costs in Mexico and calculate the implied optimal infrastructure stocks. Our estimates indicate that previous results suggesting a large productive role of public infrastructure capital are not robust. There is little evidence that public infrastructure plays a large role in reducing private sector costs.
Download or read book Mexico written by Weltbank and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This Infrastructure Public Expenditure Review presents options for addressing infrastructure services needs in Mexico, including (a) improvements in program design and budget allocations, (b) efficiency gains in service provision, and (c) increased private sector participation and financing in a manner consistent with the government's goals for economic growth, and within its fiscal constraints. Three infrastructure sectors-water supply and sanitation, transport, and electricity have been selected for inclusion. The study is structured in five interrelated chapters: Chapter 1 presents an overview of the infrastructure sectors-agencies and aggregate Spending. Chapter 2 reviews the levels of spending on the selected infrastructure sectors in Mexico, and existing cost-recovery mechanisms, and the related outcomes: quality and efficiency of service, and extent of coverage being offered. To explain these outcomes, Chapter 3 analyzes the processes of planning, spending allocation, and coordination within and across sub-sectors. The role of local governments and the nature of incentives they face are also discussed. Chapter 4 discusses the effectiveness of the existing programs in Mexico to encourage private participation and financing in the selected infrastructure sectors. The challenges for infrastructure development will require new and different uses of private sector financing and operations, and refined credit enhancement schemes to attract financiers, investors, and operators to Mexico's infrastructure market, without placing unwarranted contingent liabilities on the government. Chapter 5 presents a series of conclusions and recommendations to improve the efficacy of Government's interventions in the provision and financing of infrastructure.
Download or read book Public Private Associations in Mexico Financing and Social Benefits in Road Infrastructure Projects written by Eva Lozano Montero and published by . This book was released on 2018 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public Private Partnerships in Mexico have become an alternative financing strategy for infrastructure development; thus, for the economic development of the country, mainly in the road sector. However, the operation of these Partnerships has caused controversy due to failed experiences that have exposed relevant deficiencies or areas of opportunity such as the lack of involvement of society and insufficiency of transparency mechanisms, which are presented in the forming of the weighted Average Cost of Capital, as well as in accountability. This study analyses the contribution of Public Private Partnerships to the social and economic development of the country, as well as their feasibility to become a sustainable alternative for the development of road infrastructure in Mexico. The obtained results show that Public Private Partnerships partially support the development of the road sector in the country, due to the fact that private sector centers its efforts in the search of profitability putting aside the quality of the assets and social benefit.
Download or read book The Role of Infrastructure in Mexican Economic Reform written by Andrew Feltenstein and published by . This book was released on 2005 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This article estimates the relationship between the provision of public infrastructure and private output in sixteen sectors in Mexico. The sector-specific cost functions depend on wages, the cost of capital, and the nominal values of the stocks of three types of infrastructure: electricity, transport, and communications. The article concludes that infrastructure in electricity and communications generally reduces the cost of sectoral production, but transportation infrastructure tends to increase costs of sectoral production. It appears that Mexican public expenditure on electricity and communications has enhanced the productivity of private production, but expenditure on transport may actually have had a detrimental effect on private output. In addition, although in general labor and infrastructure are substitutes, in the case of electricity and communications infrastructure, capital and infrastructure are complements. In the case of transport infrastructure these conclusions are reversed.
Download or read book Public private Participation in Water Infrastructure in Mexico written by Jose Luis Valencia Gluyas and published by . This book was released on 2004 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The State and the Private Sector in Latin America written by M. Font and published by Springer. This book was released on 2015-06-16 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book follows ten political economic histories since the 1970s, showing how different forms of partnership have developed, flourished or declined over the time. The author's argument is supported by rich empirical material. It places partnership schemes in a broader social context and provides a deep insight into the phenomenon.
Download or read book Mexico s Transition to a Knowledge based Economy written by Yevgeny N. Kuznetsov and published by World Bank Publications. This book was released on 2008-01-01 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: Knowledge and its application are now widely recognized to be key sources of growth in the global economy. Putting knowledge to work allows countries to improve everyday life for their people, opening up new possibilities for small and medium-size enterprises and other less-developed economic groups. This volume examines the challenges and opportunties for Mexicos knowledge-based economy, offering strategies for making major improvements in the countrys capacity to generate knowledge and transform it into wealth.
Download or read book Government Support to Private Infrastructure Projects in Emerging Markets written by Mansoor Dailami and published by World Bank Publications. This book was released on 1998 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Mexico Financial Sector Assessment Program written by Internationaler Währungsfonds and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Mexico's challenges in infrastructure finance can be framed along similar lines as other Advanced Economies (AEs) and large Emerging Market Economies (EMEs). Mexico is particularly well placed to make capital markets a reliable financing source complementing bank financing. Its capital markets are relatively mature, there is sufficient critical mass of long-term domestic institutional investors, and there is a relevant track record of innovative solutions for infrastructure financing from which to build. Section B of this Technical Note assesses the degree of maturity of the Mexican capital markets in those aspects that are most relevant for infrastructure financing. Section C discusses the different elements of the infrastructure financing ecosystem taking stock of the PPP framework and financial innovations that have been developed, with emphasis on impact, expected developments and potential improvements. Section D, discusses the role of development financial institutions in mobilizing private sector financing with emphasis on Banobras and Fonadin. Finally, section E concludes and provides a set of recommendations.
Download or read book Development and Growth in the Mexican Economy written by Juan Carlos Moreno-Brid and published by Oxford University Press. This book was released on 2009-04-23 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first comprehensive and systematic English-language treatment of Mexico's economic history to appear in nearly forty years. Drawing on several years of in-depth research, Juan Carlos Moreno-Brid and Jaime Ros, two of the foremost experts on the Mexican economy, examine Mexico's current development policies and problems from a historical perspective. They review long-term trends in the Mexican economy and analyze past episodes of radical shifts in development strategy and in the role of markets and the state. This book provides an overview of Mexico's economic development since Independence that compares the successive periods of stagnation and growth that alternately have characterized Mexico's economic history. It gives special attention to developments since 1940, and it presents a re-evaluation of Mexico's development policies during the State-led industrialization period from 1940 to 1982 as well as during the more recent market reform process. This reevaluation is critical of the dominant trend in economic literature and is revisionist in arguing that, in particular, the market reforms undertaken by successive Mexican governments since 1983 have not addressed the fundamental obstacles to economic growth. Development and Growth in the Mexican Economy also details the country's pioneering role in launching NAFTA, its membership in the OECD, and its radical macroeconomic reforms. Carefully argued and meticulously researched, the book presents a wide-ranging, authoritative study that not only pinpoints problems, but also suggests solutions for removing obstacles to economic stability and pointing the Mexican economy toward the road to recovery.
Download or read book Privatization in Latin America written by Alberto Chong and published by World Bank Publications. This book was released on 2005-03-15 with total page 526 pages. Available in PDF, EPUB and Kindle. Book excerpt: Privatization is under attack. Beginning in the 1980s, thousands of failing state-owned enterprises worldwide have been turned over to the private sector. But public opinion has turned against privatization. A large political backlash has been brewing for some time, infused by accusations of corruption, abuse of market power, and neglect of the poor. What is the real record of privatization and are the criticisms justified? 'Privatization in Latin America' evaluates the empirical evidence on privatization in a region that has witnessed an extensive decline in the state's share of production over the past 20 years. The book is a compilation of recent studies that provide a comprehensive analysis of the record of and accusations against privatization, with important recommendations for the future. Seven countries are investigated: Argentina, Bolivia, Brazil, Chile, Colombia, Mexico, and Peru. This book will be vital to anyone interested in the privatization debate but especially to those involved in civil service reform, corporate governance, economic policy, finance, and anticorruption efforts. 'Privatization is important but controversial. While economists typically favor it, others are skeptical. This book provides strong scientific evidence that privatization has been beneficial for many Latin American countries, although some privatizations failed and some groups in society lost out. As usual, the devil is in the details: how privatization is carried out and what reforms accompany it are crucial to its success. The book is definitely an invaluable contribution to the privatization debate.' --Oliver Hart, Andrew E. Furer Professor of Economics, Harvard University
