Colombia's Gradualist Approach to Private Participation in Infrastructure

[摘要] Like the model adopted by many Asiancountries, the Colombian approach to private participationin infrastructure aims to attract project financing for newfacilities, leaving most existing assets in state hands.While the approach has been successful on attractingsubstantial private capital to Colombia, it has been lesssuccessful in delivering the potential efficiency gains orthe reforms that will ensure that assets remain private andthat private sector actions are constrained by the stableset of rules and regulations. Recently, Colombia has movedtoward the model adopted by other countries on Latin America-- privatizing existing assets -- a policy likely to providea more enduring basis for reform.

[发布机构] World Bank, Washington, DC

[学科分类] 社会科学、人文和艺术（综合）

[关键词] ACTIONS;ASSETS;CENTRAL GOVERNMENT;CREDITWORTHINESS;ELECTRICITY