Markets, Institutions, and Reforms
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This chapter provides an overview of the evolution in the market structures and institutions of the various sectors. The description is partial because it mostly focuses only on two dimensions of market structures and institutions: (1) the extent to which there is some degree of PPI and (2) the extent to which governments have decided to signal their commitment to transparent and accountable regulation by creating an IRA for the infrastructure sectors.1 In the mind of many, these two reforms have been the most important topic of discussion in policy circles working on the transformation of the institutions driving decisions and service delivery in infrastructure.
KeywordsWater Sector Electricity Sector Procurement Rule Access Rate Private Operator
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