Selecting Infrastructure Delivery Modalities: No Time for Ideology or Semantics

摘要

Developing and developed countries need to increase their investments in infrastructure to support economic growth, productivity, and the competitiveness of their economies to enhance the well being of their populations. Some of these investments, being long term, illiquid and considered public services, tend to be undertaken by the public sector. Nevertheless, in some sectors and at different points in history, there has been considerable participation by the private sector. For the purposes of enhancing these investments, all possible options of private and public participation must be considered and the needs are such that ideology and semantics should not get in the way. From the very extensive experience in developing countries, it has been learned that selecting the proper modalities can enhance the long term viability of the investments, can increase the number of bankable projects, attract investments and reduce backlash from failures. These lessons can be applied to developed countries as well. This paper presents a model for the selection of the most suitable service delivery modalities adapted to the prevailing local conditions of the country.