Private Enterprise and Financial Markets > Infrastructure and Financial Markets > Infrastructure > Transnational Projects
Designing Decisions Rules for Transnational Infrastructure Projects
By Salvador Barberà (05/03, En)
This
article is
part of the Inter-American Development Bank efforts to develop a conceptual
framework for analysing transnational projects issues and developing solutions
for dealing with them. The
main message is to stress that the rules to take decisions strongly affect the
performance of the partnership and that, consequently, attention should be given
to their design at the initial stage. Moreover, partners must not only agree on
how to take ordinary decisions, but also on how to take special ones, like that
of changing the rules along the way, or that of modifying the membership of the
group. Specifically, the paper discusses following points. First, the choice of
partners is a key variable, which affects the choice of voting rules and in turn
is also influenced by the conditions for new entries. Second, the choice of
voting rules can crucially affect the degree of confidence and the level of
cooperation.
This publication can be obtained from:
IFM
Publications
Infrastructure and Financial Markets Division
Mail Stop W-0508
Inter-American
Development Bank
1300 New York Avenue, N.W.
Washington, D.C. 20577
E-mail:
sds/ifm@iadb.org
Fax: (202) 623-2157
Last updated: 01/16/07
