A Vision of the Policy Concerning the Financing and Management of Physical Infrastructure in Network Industries in Slovenia

There are many reasons why Slovenia needs to change its management of network industry infrastructure and question the legacy we wish to pass onto the next generation. However, these issues are not at the forefront of the public debate despite being as relevant today as the pension reform, if not ev...

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Main Authors: Dejan Makovšek, Klavdij Logožar
Format: Article
Language:English
Published: University of Ljubljana Press (Založba Univerze v Ljubljani) 2014-05-01
Series:Central European Public Administration Review
Subjects:
Online Access:https://journals.uni-lj.si/CEPAR/article/view/20399
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author Dejan Makovšek
Klavdij Logožar
author_facet Dejan Makovšek
Klavdij Logožar
author_sort Dejan Makovšek
collection DOAJ
description There are many reasons why Slovenia needs to change its management of network industry infrastructure and question the legacy we wish to pass onto the next generation. However, these issues are not at the forefront of the public debate despite being as relevant today as the pension reform, if not even more. Until now, no government in Slovenia has adopted a systemic approach to infrastructure-related issues; instead, they have let partial interests prevail. This paper and the vision of infrastructure management present a synthesis of the current state of profession and past experiences in infrastructure management and financing acquired by the most developed countries, as well as practical experiences concerning the regulation, financing, and management of network industry infrastructure. The practical experience and empirical findings call for a consistent use of the RAB principles and for the restructuring of certain and partial privatization of all network industries. Foreign experience tells us that if the changes are correctly implemented, the current state of infrastructure can be significantly improved and could lead to a considerable decrease in real infrastructure costs and/or an increase in the availability of funds for infrastructure renovation or expansion. In the future, EU regulations might also expand and raise their requirements to meet the state of the art, but Slovenia need not wait for the EU. The introduction of such a policy would also mean a quantum leap in terms of the competitiveness of Slovenia's economy and bring the country closer to the world's most developed economies.
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spelling doaj-art-4156663559754f37ae6aac000407b91d2025-01-22T10:55:02ZengUniversity of Ljubljana Press (Založba Univerze v Ljubljani)Central European Public Administration Review2591-22402591-22592014-05-0112110.17573/ipar.2014.1.a02A Vision of the Policy Concerning the Financing and Management of Physical Infrastructure in Network Industries in SloveniaDejan Makovšek0Klavdij Logožar1International transport Forum at the OECDEkonomsko poslovna fakulteta Maribor, Univerza v MariboruThere are many reasons why Slovenia needs to change its management of network industry infrastructure and question the legacy we wish to pass onto the next generation. However, these issues are not at the forefront of the public debate despite being as relevant today as the pension reform, if not even more. Until now, no government in Slovenia has adopted a systemic approach to infrastructure-related issues; instead, they have let partial interests prevail. This paper and the vision of infrastructure management present a synthesis of the current state of profession and past experiences in infrastructure management and financing acquired by the most developed countries, as well as practical experiences concerning the regulation, financing, and management of network industry infrastructure. The practical experience and empirical findings call for a consistent use of the RAB principles and for the restructuring of certain and partial privatization of all network industries. Foreign experience tells us that if the changes are correctly implemented, the current state of infrastructure can be significantly improved and could lead to a considerable decrease in real infrastructure costs and/or an increase in the availability of funds for infrastructure renovation or expansion. In the future, EU regulations might also expand and raise their requirements to meet the state of the art, but Slovenia need not wait for the EU. The introduction of such a policy would also mean a quantum leap in terms of the competitiveness of Slovenia's economy and bring the country closer to the world's most developed economies.https://journals.uni-lj.si/CEPAR/article/view/20399network industrieseconomic regulationownershipprivatizationefficiencyinfrastructure financing
spellingShingle Dejan Makovšek
Klavdij Logožar
A Vision of the Policy Concerning the Financing and Management of Physical Infrastructure in Network Industries in Slovenia
Central European Public Administration Review
network industries
economic regulation
ownership
privatization
efficiency
infrastructure financing
title A Vision of the Policy Concerning the Financing and Management of Physical Infrastructure in Network Industries in Slovenia
title_full A Vision of the Policy Concerning the Financing and Management of Physical Infrastructure in Network Industries in Slovenia
title_fullStr A Vision of the Policy Concerning the Financing and Management of Physical Infrastructure in Network Industries in Slovenia
title_full_unstemmed A Vision of the Policy Concerning the Financing and Management of Physical Infrastructure in Network Industries in Slovenia
title_short A Vision of the Policy Concerning the Financing and Management of Physical Infrastructure in Network Industries in Slovenia
title_sort vision of the policy concerning the financing and management of physical infrastructure in network industries in slovenia
topic network industries
economic regulation
ownership
privatization
efficiency
infrastructure financing
url https://journals.uni-lj.si/CEPAR/article/view/20399
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AT dejanmakovsek visionofthepolicyconcerningthefinancingandmanagementofphysicalinfrastructureinnetworkindustriesinslovenia
AT klavdijlogozar visionofthepolicyconcerningthefinancingandmanagementofphysicalinfrastructureinnetworkindustriesinslovenia