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Publication Type
Journal Article
UWI Author(s)
Author, Analytic
McDavid, Hilton
Author Affiliation, Ana.
Department of Management Studies
Article Title
Private participation in infrastructure and the legal implications for the Commonwealth Caribbean
Medium Designator
n/a
Connective Phrase
n/a
Journal Title
West indian law journal
Translated Title
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Reprint Status
n/a
Date of Publication
2003
Volume ID
28
Issue ID
2
Page(s)
97-121
Language
n/a
Connective Phrase
n/a
Location/URL
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ISSN
n/a
Notes
n/a
Abstract
Defines 'infrastructure', drawing particular attention to the differences between infrastructure works (roads, bridges, irrigation, etc.) and public utility network infrastructure, such as electric power supply and telecommunications. Also examines the genesis of private participation in infrastructure in the United States of America as compared to that in the United Kingdom and the Commonwealth Caribbean, with particular attention being paid to the development of the legal framework in the USA and its relevance to the Caribbean. Examines the responsibility of the state, the regulatory compact, the coercive power of the state, rate of return regulations guarantees, asymmetric rights, international arbitration, and the requirement for addition constitutional protection in an effort to suggest sound and credible rules and enforcement mechanisms that foster private initiative, preserve property rights, settle disputes, and protect contracts and consumers.....
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