The highway concession system in Italy History, regulation and politics / Nicola Limodio.

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Bibliographic Details
Online Access: Full Text (via Open Knowledge Repository)
Main Author: Limodio, Nicola
Corporate Author: World Bank
Other title:World Bank e-Library.
Format: Electronic eBook
Language:English
Published: Washington, D.C. : The World Bank, 2011.
Series:Policy research working papers.
Subjects:

MARC

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520 3 |a This paper contains a critical discussion of the opening of the highway concession to the private sector in Italy over the past 20 years. It describes the political context, legal mechanisms and regulatory settings; offers an analysis of the changes in the equity composition of concessionaires after the introduction of public-private partnerships, quality standards, and tariff dynamics; and provides some examples. The Italian experience reflects the typical problems of the "build-now-regulate-later" approach recognized in the highway public-private partnership literature. The Italian model is also characterized by the existence of an overly complex regulatory framework, as well as the lack of a single agent in charge of contract enforcement and independent data collection. 
650 0 |a Roads  |z Italy. 
650 0 |a Private roads  |z Italy. 
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650 7 |a Roads.  |2 fast  |0 (OCoLC)fst01098511 
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