How to Revitalize Infrastructure Investments in Brazil : Public Policies for Better Private Participation, Volume 1. Main Report

Amid a shifting policymaking environment from private to public, volume one of this report discusses how public policies could attract more and better private investments. In attracting back private capital, this report argues that Brazil must do three things. First, it must eliminate remaining regulatory bottlenecks and policy uncertainties in selected sectors. Secondly, design infrastructure concessions to avoid "excessive" renegotiations while simultaneously guaranteeing an adequate rate of return for investors and protecting consumers' welfare. And finally, strengthen the quality of the regulators for technically sound and coherent decision-making processes. Volume two is the background report and looks at infrastructure statistics in Brazil and international benchmarks, regulatory policy issues, contract negotiations, and gives conclusions and policy implications on these topics.

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Bibliographic Details
Main Author: World Bank
Language:English
en_US
Published: Washington, DC 2007-01
Subjects:ACCOUNTING, AGGLOMERATION, ALLOCATION OF RISK, ASSET TRANSFER, BOTTLENECKS, BUDGET FORMULATION, CAPITAL EXPENDITURES, CONCESSION, CONCESSION CONTRACTS, CONCESSIONS, CONTRACT DESIGN, CONTRACT RENEGOTIATION, CORPORATE GOVERNANCE, COST OF CAPITAL, COST RECOVERY, COST-BENEFIT ANALYSIS, DISTRIBUTION COMPANIES, DISTRIBUTION LOSSES, DIVESTITURE, ECONOMIC BENEFITS, ECONOMIC EFFICIENCY, ECONOMIES OF SCALE, ELASTICITY, ELECTRICITY, ELECTRICITY COMPANIES, ELECTRICITY GENERATION, ELECTRICITY SECTOR, ELECTRICITY SERVICES, ENERGY AUCTIONS, EQUITY CAPITAL, FINANCIAL OBLIGATIONS, FINANCIAL RETURNS, FISCAL CONSTRAINTS, FISCAL MANAGEMENT, GAS SECTOR, GAS SUPPLY, GENERATORS, GROWTH RATES, HIGHWAY, HIGHWAYS, HOUSING, INCOME DISTRIBUTION, INDEPENDENT REGULATOR, INDEPENDENT REGULATORS, INDICATORS, INFLATION, INFRASTRUCTURE FINANCING, INFRASTRUCTURE INDUSTRIES, INFRASTRUCTURE INVESTMENT, INFRASTRUCTURE INVESTMENTS, INFRASTRUCTURE MANAGEMENT, INFRASTRUCTURE POLICY, INFRASTRUCTURE PROGRAM, INFRASTRUCTURE PROJECTS, INFRASTRUCTURE SECTOR, INFRASTRUCTURE SECTORS, INFRASTRUCTURE SERVICES, INTERNATIONAL BENCHMARKING, INTERNATIONAL FINANCIAL MARKETS, INVESTMENT CLIMATE, INVESTMENT REQUIREMENTS, LATIN AMERICAN, LEGAL SANCTIONS, MANAGEMENT CONTRACTS, MUNICIPALITIES, NATIONAL GOVERNMENTS, NATIONAL INFRASTRUCTURE, NATURAL GAS, OPPORTUNISTIC BEHAVIOR, PENSION FUNDS, PORT TERMINALS, POWER, POWER SECTOR, PRIVATE CAPITAL, PRIVATE FINANCING, PRIVATE INFRASTRUCTURE PROJECTS, PRIVATE SECTOR, PRIVATE SECTOR PARTICIPATION, PRIVATIZATION, PROFITABILITY, PROVISION OF INFRASTRUCTURE, PUBLIC, PUBLIC COMPANIES, PUBLIC DEBT, PUBLIC EXPENDITURE, PUBLIC EXPENDITURES, PUBLIC FUNDS, PUBLIC GOODS, PUBLIC INVESTMENT, PUBLIC INVESTMENT IN INFRASTRUCTURE, PUBLIC INVESTMENTS, PUBLIC RESOURCES, PUBLIC REVENUES, PUBLIC SECTOR, PUBLIC SECTOR FINANCING, PUBLIC SECTOR INVESTMENT, PUBLIC SPENDING, PUBLIC-PRIVATE PARTNERSHIPS, RAILWAY, RAILWAY NETWORK, RAILWAYS, REGULATORS, REGULATORY AGENCIES, REGULATORY CREDIBILITY, REGULATORY DECISIONS, REGULATORY DESIGN, REGULATORY ENVIRONMENT, REGULATORY FRAMEWORK, REGULATORY GOVERNANCE, REGULATORY REFORMS, REGULATORY RISKS, REGULATORY RULES, RISK ALLOCATION, ROAD, ROAD CONCESSION, ROAD MAINTENANCE, ROAD NETWORK, ROAD TAX, ROADS, SANITATION, SAVINGS, SEWERAGE SERVICES, SUPPLY CONTRACTS, TARIFF REVISIONS, TARIFF STRUCTURE, TAX REVENUES, TAXATION, TECHNICAL EFFICIENCY, TELECOMMUNICATIONS, TELECOMMUNICATIONS SERVICES, TRANSPARENCY, TRANSPORT, TRANSPORT SECTOR, TRANSPORTATION, UTILITIES, UTILITY COMPANIES, WATER SERVICES,
Online Access:http://documents.worldbank.org/curated/en/2007/01/7372679/brazil-revitalize-infrastructure-investments-brazil-public-policies-better-private-participation-vol-1-2-main-report
https://hdl.handle.net/10986/8047
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Summary:Amid a shifting policymaking environment from private to public, volume one of this report discusses how public policies could attract more and better private investments. In attracting back private capital, this report argues that Brazil must do three things. First, it must eliminate remaining regulatory bottlenecks and policy uncertainties in selected sectors. Secondly, design infrastructure concessions to avoid "excessive" renegotiations while simultaneously guaranteeing an adequate rate of return for investors and protecting consumers' welfare. And finally, strengthen the quality of the regulators for technically sound and coherent decision-making processes. Volume two is the background report and looks at infrastructure statistics in Brazil and international benchmarks, regulatory policy issues, contract negotiations, and gives conclusions and policy implications on these topics.