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The Economics of Public Infrastructure Procurement in Developing Countries: Theory and Evidence (Paperback)
Loot Price: R717
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The Economics of Public Infrastructure Procurement in Developing Countries: Theory and Evidence (Paperback)
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"Infrastructure is crucial for developing countries and needs
enormous investment. Efficiency in its provision is all the more
important at a time in which available resources are shrinking. In
this brilliant book Estache and Iimi consistently bring together
elements from many fields of economics and analyze a large amount
of original data to provide guidance towards efficient
infrastructure provision. They convincingly make the case that
competitive, transparent public procurement is the best way ahead;
and highlight the many subtle issues involved in designing
effectively competitive procurements, a daunting task for such
large projects and in countries with weak institutions and high
risk of corruption. The book is a must-read for anyone who studies
or works on these very important issues." Giancarlo Spagnolo,
Professor of Economics, University of "Rome Tor Vergata" "Public
provision of infrastructure will remain the dominant paradigm for
many countries and many types of infrastructure services. As such,
improving public procurement is central to our ability to
cost-effectively provide services to the 1.5 billion individuals
that still do not have access to electricity, and the many more who
live without safe water or lack access to reliable transport
infrastructure. Effective public procurement is also at the heart
of the growth agenda as developing countries are struggling to
provide their growing economies with the infrastructure they need
despite tight fiscal conditions. This book provides us with new
insights on how to effectively and efficiently use scarce public
resources. This extremely useful and insightful book offers
policy-makers a wealth of suggestions to make their procurement
systems smarter and an effective tool for development." Marianne
Fay, Chief Economist, Sustainable Development Network, The World
Bank
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