The Public and Private Sector Role in the Provision of Infrastructure Services

Indian Journal of Transport Management, Vol. 25, No. 3, pp. 191-197

13 Pages Posted: 9 Aug 2004

See all articles by Sanjay Kumar Singh

Sanjay Kumar Singh

Indian Institute of Management Lucknow

Abstract

The adequacy of infrastructure helps to determine one country's success and another's failure. Traditionally, in most of the countries, the largest part of the infrastructure finance has been provided by central governments. This model of finance has never been fully satisfactory, as attested by the large and growing infrastructure deficits in most of the countries. Market forces and competition can improve the production and delivery of infrastructure services. That is the consensus emerging from a reevaluation of the sector based on experience, technological change, and new insight into regulatory design. This new consensus is displacing the long-held view that infrastructure services are best produced and delivered by monopolies.

Keywords: Infrastructure

JEL Classification: Z00

Suggested Citation

Singh, Sanjay Kumar, The Public and Private Sector Role in the Provision of Infrastructure Services. Indian Journal of Transport Management, Vol. 25, No. 3, pp. 191-197. Available at SSRN: https://ssrn.com/abstract=573303

Sanjay Kumar Singh (Contact Author)

Indian Institute of Management Lucknow ( email )

Lucknow, 226013
India
+91 522 273 6637 (Phone)
+91 522 273 4005 (Fax)

HOME PAGE: http://ganga.iiml.ac.in/~sanjay/

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