The impact of “incomplete contracts” on long-term infrastructure concessions

Provision of infrastructure services is one of the development bottlenecks for Latin American and Caribbean countries. As the Infrastructure Services Unit team has found in its analysis and has warned for many years, policies in the region have been characterized by underinvestment, fragmentation, a...

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Autor principal:	Sánchez, Ricardo
Formato:	Texto
Lenguaje:	English
Publicado:	ECLAC 2020
Materias:	INFRAESTRUCTURA FISICA CONCESIONES CONTRATOS COMERCIO INTERNACIONAL FACILITACION DEL COMERCIO PHYSICAL INFRASTRUCTURE CONCESSIONS CONTRACTS INTERNATIONAL TRADE TRADE FACILITATION
Acceso en línea:	http://hdl.handle.net/11362/46015
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spelling	oai-11362-460152020-11-16T13:27:32Z The impact of “incomplete contracts” on long-term infrastructure concessions Sánchez, Ricardo INFRAESTRUCTURA FISICA CONCESIONES CONTRATOS COMERCIO INTERNACIONAL FACILITACION DEL COMERCIO PHYSICAL INFRASTRUCTURE CONCESSIONS CONTRACTS INTERNATIONAL TRADE TRADE FACILITATION Provision of infrastructure services is one of the development bottlenecks for Latin American and Caribbean countries. As the Infrastructure Services Unit team has found in its analysis and has warned for many years, policies in the region have been characterized by underinvestment, fragmentation, and a lack of resilience-related sustainability, to name but a few qualities. This issue of the bulletin addresses potential problems with long-term infrastructure concession agreements, drawing on theoretical developments regarding incomplete contracts. It offers a preliminary examination of specific problems that could be remedied by applying economic theory, highlighting potential risks in public-private partnerships (PPPs) based on experience in the region and economic theory, with a view to preventing concession agreements from being distorted owing to their incomplete nature. 2020-09-17T12:29:58Z 2020-09-17T12:29:58Z 2020-09-16 Texto Documento Completo http://hdl.handle.net/11362/46015 en Boletín FAL 378 .pdf application/pdf AMERICA LATINA Y EL CARIBE LATIN AMERICA AND THE CARIBBEAN ECLAC
institution	Cepal
collection	Cepal
language	English
topic	INFRAESTRUCTURA FISICA CONCESIONES CONTRATOS COMERCIO INTERNACIONAL FACILITACION DEL COMERCIO PHYSICAL INFRASTRUCTURE CONCESSIONS CONTRACTS INTERNATIONAL TRADE TRADE FACILITATION
spellingShingle	INFRAESTRUCTURA FISICA CONCESIONES CONTRATOS COMERCIO INTERNACIONAL FACILITACION DEL COMERCIO PHYSICAL INFRASTRUCTURE CONCESSIONS CONTRACTS INTERNATIONAL TRADE TRADE FACILITATION Sánchez, Ricardo The impact of “incomplete contracts” on long-term infrastructure concessions
description	Provision of infrastructure services is one of the development bottlenecks for Latin American and Caribbean countries. As the Infrastructure Services Unit team has found in its analysis and has warned for many years, policies in the region have been characterized by underinvestment, fragmentation, and a lack of resilience-related sustainability, to name but a few qualities. This issue of the bulletin addresses potential problems with long-term infrastructure concession agreements, drawing on theoretical developments regarding incomplete contracts. It offers a preliminary examination of specific problems that could be remedied by applying economic theory, highlighting potential risks in public-private partnerships (PPPs) based on experience in the region and economic theory, with a view to preventing concession agreements from being distorted owing to their incomplete nature.
format	Texto
author	Sánchez, Ricardo
author_facet	Sánchez, Ricardo
author_sort	Sánchez, Ricardo
title	The impact of “incomplete contracts” on long-term infrastructure concessions
title_short	The impact of “incomplete contracts” on long-term infrastructure concessions
title_full	The impact of “incomplete contracts” on long-term infrastructure concessions
title_fullStr	The impact of “incomplete contracts” on long-term infrastructure concessions
title_full_unstemmed	The impact of “incomplete contracts” on long-term infrastructure concessions
title_sort	impact of “incomplete contracts” on long-term infrastructure concessions
publisher	ECLAC
publishDate	2020
url	http://hdl.handle.net/11362/46015
work_keys_str_mv	AT sanchezricardo theimpactofincompletecontractsonlongterminfrastructureconcessions AT sanchezricardo impactofincompletecontractsonlongterminfrastructureconcessions
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The impact of “incomplete contracts” on long-term infrastructure concessions

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