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Institutions, Performance, and the Financing of Infrastructure Services in the Caribbean - Abhas Kumar Jha

Institutions, Performance, and the Financing of Infrastructure Services in the Caribbean

By: Abhas Kumar Jha (Editor)

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Published: 24th June 2005
Format: PDF
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This book reviews the access to services, investment needs, tariffs, and efficiency of fifteen Caribbean countries across five infrastructure sectors (telecommunications, electricity, water and sanitation, maritime transport and ports, and airports and air services). Benchmarks are established to compare Caribbean countries with each other, and with similar countries. To some extent, differences in performance can be explained by unalterable factors such as a given country's size and location. However, we find that, in many cases, differences in performance among countries cannot be completely explained by such factors. Many of the remaining differences seem to be attributable to institutional and policy factors, such as the level of competition among service providers within a given sector, whether providers are government or privately-controlled, and the quality of regulatory and subsidy regimes. The study highlights several key policy findings and recommends changes that have the potential to help Caribbean governments overcome some of their inherent disadvantages of scale to provide better, cheaper infrastructure services.

Acknowledgments; Acronyms and Abbreviations; 1 Summary; LIST OF FIGURES; LIST OF UNNUMBERED BOXES; 2 Institutions and Infrastructure; 3 Telecommunications Sector; LIST OF TABLES; 4 Electricity Sector; 5 Water Sector; 6 Ports and Maritime Transport; 7 Airports and Aviation; 8 A Strategy to Sustainably Finance Infrastructure in the Caribbean; Annex; LIST OF UNNUMBERED TABLES; References.

ISBN: 9780821362815
ISBN-10: 082136281X
Format: PDF
Language: English
Published: 24th June 2005
Publisher: World Bank