| Abstract: | Although the link between improved infrastructure services andeconomic growth is uncertain, it is clear that reforms aimedat creating competition and regulating natural monopolies establishan environment conducive to private sector participation, incentivesfor companies to strive for efficiency savings that can ultimatelybe passed on to consumers, and greater provision of services(such as faster roll-out of infrastructure or innovative solutionsto service delivery for customers not connected to an existingnetwork). In determining the form that infrastructure restructuringmight undertake or the design of a regulatory agency, policymakerscan generally benefit from a review of the experiences of othercountries. A key element of any decisionmaking process shouldbe a review of how the various types of reform will affect theefficiency of the sector and whether they will increase privatefinancing of its significant investment needs. |
