Institutional Incentives And Sustainable Development: Infrastructure Policies In Perspective
Integrating recent research in the fields of public administration, public finance, institutional economics, and policy analysis, this book shows how institutional arrangements and the incentives they generate can help or hinder development efforts. The authors present a method for systematically comparing alternative institutional arrangements for the development of rural infrastructure. Their analysis reveals the special strengths and weaknesses of polycentric as compared to centralized or decentralized institutional arrangements. Descriptions of a variety of infrastructure projects—including roads, bridges, and irrigation systems—in geographical settings as diverse as Africa, Asia, and Latin America are used to illustrate key concepts.Perfect for courses on policy analysis, development administration, and economic development and for use by professional practitioners, Institutional Incentives contributes appreciably and practically to the understanding of sustainable development, infrastructure maintenance, institutional analysis, and the central importance of institutional arrangements.
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The Role of Infrastructure in Development
The Problem of Sustainable Infrastructure
Individuals Incentives and Transaction Costs
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accountability activities additional administrative agencies allocation alternative analysis appropriate areas arrangements associated attributes authority Bangladesh behavior beneficiaries benefits capital centralized changes Chapter collective communities complex concern consider considerable construction continued contract contribute costs create criteria decentralization decisions developing countries difficult discussion donor economic effective efforts evaluation example exist expected face farmers finance funds highly important improve incentives increase individuals infrastructure development infrastructure facilities initial institutional institutional arrangements interests investments involved irrigation system jurisdictions knowledge labor maintain maintenance means mobilization monitoring national government necessary officials operation organization participants particular performance polycentric possible potential preferences problems production projects reduce responsibility result riding road rules rural infrastructure scale sector simple single social specific structure substantial sustainability transaction costs types units users village