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020 _a0-8213-4936-8
040 _aarcduce
082 _a363.095
090 _c16900
_d16900
100 _aBaietti, Aldo
245 _aPrivate infrastructure in East Asia :
_blessons learned in the aftermath of the crisis
_c/ Aldo Baietti
260 _bWorld Bank
_aWashington, D.C.
_c2001
300 _avi, 81 p. :
_bil.
490 _aWorld Bank technical paper
_vno. 501
_x0253-7494
504 _aIncluye bibliografía
505 _aForeword -- Abstract -- Overview -- The economic context: The crisis -- Economic recovery -- Private participation in infrastructure: Impact of the crisis on infrastructure -- Trends in private participation in infrastructure investment, 1994-1999 -- Sector by sector overview -- Financing straucture and terms -- The status of reforms in East Asian countries -- Lessons from the crisis: how should the countries respond?: Policy lessons -- Lessons for investors -- Notes -- Annex country profiles -- Annex notes -- References -- Figures -- Tables.
520 _aPrivate participation in infrastructure has taken two distinct forms in the developing world. The first model, applied primarily in Latin America, focuses on privatization of existing infrastructure assets. The second, applied largely in East Asia, focuses on retaining existing assets in the public sector but seeking private sector involvement to augment capacity through new greenfield investments. The financial crisis that emerged in East Asia in mid-1997 threatened to undermine much of the progress the region had made in applying this second model to mobilize private investment and financing for infrastructure. This report describes the background of the 1997 financial crisis in East Asia and its impact on private investment in the region ' s infrastructure. It then analyzes lessons learned in the aftermath of the crisis in six countries--Indonesia, Malaysia, the Philippines, the Republic of Korea, Thailand, and Vietnam--and explores how these countries can respond to the new challenges.
648 _a1994-1999
650 _aINFRAESTRUCTURA
650 _aINVERSIONES
650 _aCRISIS FINANCIERA
650 _aSECTOR PRIVADO
651 _aASIA
700 _aBaietti, Aldo
710 _aBanco Mundial
942 _cLIBR
_j363.095 B 48214
999 _c16871
_d16871