Private Initiatives in Infrastructure - Priorities, Incentives, and Performance -
International Joint Research Project Series
No.4
■ Private Initiatives in Infrastructure - Priorities, Incentives, and Performance -
■ Edited by Masatsugu Tsuji, Sanford V. Berg and Michael G. Pollitt
■ 395pp
■ Published in 2000
■ ISBN4-258-56004-9
This volume examines the participation of the private sector in infrastructure building. British Private Finance Initiatives (PFIs) are analyzed in detail. It presents results of an international joint study including U.S., U.K. and Japanese teams.
CONTENTS
Preface / Takashi Nohara
Introduction / Mitsuhiro Kagami, Masatsugu Tsuji
Part
I.
Japan
Team
1. Summary of the Japan Team / Masatsugu Tsuji
1.Introduction
2.Issues
and
Characteristics
of
Public
Investment
for
Infrastructure
Construction
3.Introduction
of
Private
Resources
to
the
Public
Sector:
The
Third
Sector
Method
4.New
Paradigm:
Private
Finance
Initiative
5.Private
Finance
Initiative
Promotion
Act
in
Japan
6.Deregulation
in
the
Electric
Power
Industry
7.Characteristics
of
Telecommunications
Infrastructure
Building
8.Infrastructure
Building
in
Developing
Countries
and
Japan
9.Conclusion
2. The Third Sector's Failure in Japan / Mitsuhiro Kagami
1.Introduction
2.What
is
the
Third
Sector
3.Background
4.The
Third
Sector
Failures
5.Causes
of
Failures
6.Lessons
from
the
Failures
References
3. Private Initiatives in Japan: Present, Problems, and Prospects / Chie Kashiwabara
1.Introduction
2.Starting
PFI:
the
Public
and
Private
Sectors
3.Model
Projects
of
Private
Initiatives
in
Japan
4.Problems
Concerning
Introduction
of
PFI
5.Conclusions
Notes
References
1.Introduction
2.Why
was
the
Act
Enacted?
3.What
does
the
Act
Provide?
4.What
are
the
Implications
of
the
Act
for
the
Future
Relationship
between
the
Public
and
Private
Sectors
in
Infrastructure
Development
in
Japan?
5.Toward
the
Future
Notes
References
5. The Liberalization of the Japanese Electric Power Industry / Tsuruhiko Nambu
1.Introduction
2.The
Cost
Structure
of
Electric
Power
Generation
3.The
Initial
Liberalization
of
Electric
Power
4.The
Emergence
of
IPP
5.The
Proposal
of
the
Electricity
Industry
Council
6.How
Far
Liberalization
Can
Be
Realized?
Notes
References
1.Introduction
2.Telecommunications
Infrastructure
3.Telecommunications
Infrastructure
Construction
in
a
Competitive
Environment
4.Telecommunications
Infrastructure
Construction
in
a
Non-Competitive
Environment
5.Infrastructure
Construction:
Case
of
Kobe
City
6.Characteristics
of
Japanese
Telecommunications
Infrastructure
Construction
7.Conclusion:
From
PPP
to
Public-Private
Partnership
Notes
References
1.Introduction
2.Current
Situation
of
Infrastructure
Building
in
East
Asia
and
Japanese
Participation
3.Infrastructure
Building
in
East
Asia
after
the
Economic
Crisis
4.Further
Possibilities
of
BOT
in
East
Asia
5.Application
of
BOT
Experience
to
the
Japanese
Economy
Notes
References
Part
II.
UK
Team
8. Summary of the UK Team / Michael Pollitt, Sunil Mani, Tanga McDaniel
1.The
Declining
Role
of
the
State
in
Infrastructure
Investments
in
the
UK
2.Private
Initiatives
in
the
England
and
ales
Electricity
Industry
3.Private
Financing
Initiatives
in
India's
Infrastructure
Sector
References
9. The Declining Role of the State in Infrastructure Investments in the UK / Michael Pollitt
1.Introduction
2.Privatization
and
Infrastructure
Investment
3.The
Development
of
the
Private
Finance
Initiative
(PFI)
4.The
Theory
of
Private
Finance
for
Public
Project
5.The
Experience
of
the
PFI
6.Case
Studies
of
PFI
Projects
7.Conclusions
Notes
References
10. Private Initiatives in the England and Wales Electricity Industry / Tanga McDaniel
1.Introduction
2.Investment
in
the
Nationalized
Industry
3.Independent
Generation
4.Conclusions
Notes
References
11. Private Financing Initiatives in India's Infrastructure Sector: an Analysis of Reforms in the Electricity Supply, Roads and the Distribution of Telecommunications Services Sectors since 1991 / Sunil Mani
1.Introduction
2.The
Electricity
Sector
3.The
Road
Sector
4.The
Distribution
of
Telecommunications
Services
Sector
Notes
References
Part
III.
US
Team
12. Summary of the US Team / Sanford Berg
1.Framework
for
Evaluating
Infrastructure
Policies
2.Economics
of
Politics
-
"Who
Matters,
What
Matters?"
3.Causes
and
Impacts
of
Infrastructure
Policy
4.Public
Power:
Perspectives
in
Electricity
Restructuring
5.Environmental
Issues
in
Electricity
Restructuring
6.Global
Rivalry
in
Infrastructure
7.Infrastructure
Management:
Applications
to
Latin
America
8.Institutions
and
Telecommunications
Performance
in
Africa:
Stability,
Governance
and
Incentives
9.Concluding
Observations
Notes
References
13. Public Power: Perspectives in Electricity Restructuring / Salvador Martinez
1.Introduction
2.Recent
Background
3.A
New
Wires
Industry:
Unique
Issues
Facing
Public
Power
4.Finance
and
Tax
Issues
Facing
Public
Power
5.Tennessee
Valley
Authority,
Power
Marketing
Administrations,
and
Restructuring
6.Conclusion
Notes
References
14. Environmental Issues in a Restructuring Electric Industry / John Tschirhart
1.Introduction
2.Environmental
Damage
from
Generation
Emisions
3.Reducing
Domestic
Environmental
Damage
from
Generation
4.Global
Impacts
of
GHGs
and
Kyoto
5.Conservation
6.Developing
Countries
7.Concluding
Remarks
Notes
References
15. Global Rivalry in Infrastructure / Janice Hauge, Mark Jamison
1.Introduction
2.The
New
Telecommunications
Industry
3.Case
Studies
in
Telecommunications
MLR
4.The
New
Electricity
Industry
5.The
New
Natural
Gas
Industry
6.Case
Studies
in
Energy
MLR
7.Sources
of
MLR
8.Conclusion
Note
References
16. Infrastructure Management: Applications to Latin America / Maria Corton, Sanford Berg
1.Introduction
2.Information
Issues
for
Potential
Investors
3.Organizational
Responses
to
Opportunities
and
Regulatory
Rules
4.Application
to
Peruvian
Water
Utilities
5.Conclusions
Note
References
17. Institutions and Telecommunications Performance in America: Stability, Government and Incentives / Jacqueline Hamilton, Sanford Berg
1.Introduction
2.Public
vs.
Private
Ownership
3.Basic
Economic
Conditions:
Natural
Monopolies
vs.
Potentially
Competitive
Markets
4.The
Pace
of
Change
5.Some
Policy
Implications
References
Conclusion / Mitsuhiro Kagami, Masatsugu Tsuji