The highway concession system in Italy : History, regulation and politics / Nicola Limodio

By: Resource type: Ressourcentyp: Buch (Online)Book (Online)Language: English Publisher: Washington, D.C : The World Bank, 2011Description: Online-Ressource (17 p)Subject(s): Additional physical formats: Limodio, Nicola: The highway concession system in Italy DOI: DOI: 10.1596/1813-9450-5567Online resources: Summary: This paper contains a critical discussion of the opening of the highway concession to the private sector in Italy over the past 20 years. It describes the political context, legal mechanisms and regulatory settings; offers an analysis of the changes in the equity composition of concessionaires after the introduction of public-private partnerships, quality standards, and tariff dynamics; and provides some examples. The Italian experience reflects the typical problems of the "build-now-regulate-later" approach recognized in the highway public-private partnership literature. The Italian model is also characterized by the existence of an overly complex regulatory framework, as well as the lack of a single agent in charge of contract enforcement and independent data collectionPPN: PPN: 834969475Package identifier: Produktsigel: ZDB-110-WBL | ZDB-1-WBA | ZDB-110-WBO
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Reproduktion, 2011. (World Bank eLibrary) |2011||||||||||

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