Chapter

Regulatory choices in the privatization of infrastructure

Mota Prado Mariana

in Private Security, Public Order

Published in print November 2009 | ISBN: 9780199574124
Published online February 2010 | e-ISBN: 9780191721816 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780199574124.003.0006
 Regulatory choices in the privatization of infrastructure

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This chapter considers the question of how a decision to privatize is made and examines how such a decision impacts the choice of regulatory framework. By developing a comparative analysis of the privatization processes in infrastructure sectors as well as the military and security sector, it discusses the circumstances under which a regulatory framework is established, designed, and enforced. It argues that a government contracting with PMSCs should not only justify why privatization is necessary. Any such claim should be assessed by an independent body (similar to the cost-benefit analysis of regulation performed by the Office of Management and Budget in the United States). The chapter calls for transparency in privatization of private military and security services, arguing that citizens should have access to all information related to the competitive bidding process and contractual provisions.

Keywords: privatization; private military and security companies; PMSCs; infrastructure; accountability; transparency; regulation; contracts

Chapter.  12308 words. 

Subjects: Human Rights and Immigration

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