Articles authored by Hall, David


Since the 1990s, development agencies and international institutions have promoted private-sector involvement in infrastructure, assuming that this would inject both investment and efficiency into the under-performing public sector. In the water and energy sectors, these expectations have not been fulfilled. Private-sector investment in developing countries is falling, multinational companies have failed to make sustainable returns on their investments, and the process of privatisation in water and energy has proved widely unpopular and encountered strong political opposition.
Full-text sample article FREE from Taylor & Francis. Recent initiatives from the OECD, the World Bank, and others on the subject of corruption have received widespread attention. However, the author argues that the incidence of corruption is closely connected with contracting-out, concessions, and privatisation, where multinationals based in OECD countries stand to gain profitable business.