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Amid a shifting policymaking environment
from private to public, volume one of this report discusses
how public policies could attract more and better private
investments. In attracting back private capital, this report
argues that Brazil must do three things. First, it must
eliminate remaining regulatory bottlenecks and policy
uncertainties in selected sectors. Secondly, design
infrastructure concessions to avoid "excessive"
renegotiations while simultaneously guaranteeing an adequate
rate of return for investors and protecting consumers'
welfare. And finally, strengthen the quality of the
regulators for technically sound and coherent
decision-making processes. Volume two is the background
report and looks at infrastructure statistics in Brazil and
international benchmarks, regulatory policy issues, contract
negotiations, and gives conclusions and policy implications
on these topics.