Managing Investment Climate Reforms: Colombian Ports Sector Reform Case Study

The case of the Colombian ports sector reform illustrates how a concrete and decisive action to remove inefficiencies in the provision of public services may render substantial benefits to the economy as a whole. In the Colombian case, reform was framed within a much broader set of structural change...

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Bibliographic Details
Main Author: Navarrete, Camilo
Language:English
Published: Washington, DC: World Bank 2012
Subjects:
Online Access:http://hdl.handle.net/10986/9159
Description
Summary:The case of the Colombian ports sector reform illustrates how a concrete and decisive action to remove inefficiencies in the provision of public services may render substantial benefits to the economy as a whole. In the Colombian case, reform was framed within a much broader set of structural changes aimed at modernizing the economy and attaining a higher degree of international exposure. This paper describes the situation of Colombian ports before the reform including a discussion of the political and economic context at the time, critical aspects of reform formulation and implementation and the impacts of reform on transportation costs and on operational efficiency.