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Regulation of public infrastructure has been a topic of interest
for more than a century. Providing public goods, securing their
financing, maintenance, and improving the efficiency of their
delivery, has generated a voluminous literature and series of
debates. More recently, these issues have again become a central
concern, as new public management approaches have transformed the
role of the state in the provision of public goods and the
modalities by which the financing of infrastructure and its
operation are procured. Yet, despite the proliferation of new
modalities of regulating infrastructure little is known about what
works and why. Why do certain regulatory regimes fail and others
succeed? What regulatory designs and institutional features produce
optimal outcomes and how? And why do regulatory forms of governance
when transplanted into different institutional contexts produce
less than uniform outcomes? This book addresses these questions,
exploring the theoretical foundations of regulation as well as a
series of case studies drawn from the telecommunications,
electricity, and water sectors. It brings together distinguished
scholars and expert practitioners to explore the practical problems
of regulation, regulatory design, infrastructure operation, and the
implications for infrastructure provision.
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