Infrastructure governance and corruption: where next ?

Charles Kenny

No 4331, Policy Research Working Paper Series from The World Bank

Abstract: Governance is central to development outcomes in infrastructure, not least because corruption (a symptom of failed governance) can have significantly negative impact on returns to infrastructure investment. This conclusion holds whether infrastructure is in private or public hands. This paper looks at what has been learned about the role of governance in infrastructure, provides some recent examples of reform efforts and project approaches, and suggests an agenda for greater engagement - primarily at the sector level - to improve governance and reduce the development impact of corruption. The discussion covers market structure, regulation, state-owned enterprise reform, planning and budgeting, and project design.

Keywords: Banks&Banking Reform; Public Sector Corruption&Anticorruption Measures; National Governance; Governance Indicators; Transport Economics Policy&Planning (search for similar items in EconPapers)
Date: 2007-08-01
New Economics Papers: this item is included in nep-pbe, nep-ppm and nep-reg
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Citations: View citations in EconPapers (17)

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Persistent link: https://EconPapers.repec.org/RePEc:wbk:wbrwps:4331

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