Kessides Institutional Options for the Provision of Infrastructure

Kessides Institutional Options for the Provision of Infrastructure
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  LV)? l2/2 212 EI World Bank Discussion Papers Institutional O)ptions forthe Provisionof Infrastructure Christine Kessides    P  u   b   l   i  c   D   i  s  c   l  o  s  u  r  e   A  u   t   h  o  r   i  z  e   d   P  u   b   l   i  c   D   i  s  c   l  o  s  u  r  e   A  u   t   h  o  r   i  z  e   d   P  u   b   l   i  c   D   i  s  c   l  o  s  u  r  e   A  u   t   h  o  r   i  z  e   d   P  u   b   l   i  c   D   i  s  c   l  o  s  u  r  e   A  u   t   h  o  r   i  z  e   d  Recent World Bank Discussion Papers No. 155 Managing External Debt in Developing Counttries: Proceedings f aJoint Seminar,Jeddah, May 1990. Thomas M.Klein, editorNo. 156 Developing Agricultural Extensionfor Women Farners. Katrine A. Saito and Daphne SpurlingNo. 157 Awakening the Market: Viet Namn's Ecotiomic Transition. D. M. LeipzigerNo. 158 Wage Policy during the Transitiotn o a Market Economy. Poland 1990-91. Fabrizio Concelli and Ana Revenga,editorsNo. 159 Intemational Trade and the Environment. 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Thompson (Continued on the inside back cover.)  212~ World Bank Discussion Papers Institutional O ptions forthe Provision of Infrastructure Christine Kessides The World BankWashington, D.C.  Copyright C 1993The International Bank for Reconstructionand Development/T lHE WORLD BANK 1818 H Street, N.W.Washington, D.C. 20433, U.S.A.All rights reservedManufactured in the United States of AmericaFirst printing September 1993Second printing February 1995Discussion Papers present results of country analysis or research that is circulated to encourage discussionand conunent wvithin the development community. To present these results with the least possible delay, thetypescript of this paper has not been prepared in accordance with the procedures appropriate to fomialprinted texts, and the World Bank accepts no responsibility for errors. Some sources cited in this paper maybe infonral documents that are not readily available.The findings, interpretations, and conclusions e.xpressed in this paper are entirely those of the author(s) andshould not be attributed in any manniier to the World Bank, to its affiliated organizations. or to members ofits Board of Executive Directors or the countries they represent. The World Bank does not guarantee theaccuracy of the data included in this publication and accepts no responsibility whatsoever for anyconsequence of their use. The boundaries, colors, denominations, and other infonnation shown on any mapin this volume do not imiply on the part of the World Bank Group any judgmenit on the legal status of anyterritory or the endorsement or acceptance of such bounldaries.The material in this publicationi is copyrighted. Requests for permission to reproduce portions of it shouldbe sent to the Office of the Publisher at the address shown in the copyright notice above. The World Bankencourages dissemniationi of its work and wvill normally give permission promptly and, when thereproduction is for nonconunercial purposes, without asking a fee. Permission to copy portions for classroomuse is granted through the Copyright Clearance Center, Inc., Suite 910, 222 Rosewood Drive, Danvers,Massachusetts 01923, U.S.A.The complete backlist of publications from the World Bank is shown in the anniual Inidex of Publicatiotis, which contains an alphabetical title list (with full ordering infomiation) and indexes of subjects, authors, andcountries and regions. The latest edition is available free of charge from the Distribution Unit, Office of thePublisher, The World Bank, 1818 H Street, N.W., Washington, D.C. 20433, U.S.A., or from PLublications,The World Bank, 66, avenue d'Ina, 75116 Paris, France.ISSN: 0259-210XChristine Kessides is a senior economist in the Urban Development Division of the World Bank'sTransportation, Water and Urban Developmelnt Department. Library of Congress Cataloging-in-Publication Data Kessides, Christine, 1953-Institutional options for the provision of infrastructure /Christine Kessides.p. cm. -(World Bank discussion papers, ISSN 0259-21OX212)Includes bibliographical references.ISBN 0-8213-2627-91. Infrastructure (Econormucs)-Finance. 2. Capital investments.3. Economic assistance, Domestic. 1. Title. 11. Series.HC79.C3K45 1993350.86-dc20 93-27361CIP
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