Infrastructure Finance

Author: Henry A. Davis

Publisher: Euromoney Books

ISBN: 1843742829

Category: Finance, Public

Page: 608

View: 672

"Gives a broad view of trends and techniques in infrastructure financing around the world today. The title considers a wide range of projets including transport, water systems, power and toll road privatisation. Themes include the rising need for infrastructure investment, the quality of country infrastructure, government budget limitations and benefits and risks of investment." - publisher's website.
Trends in Infrastructure Regulation and Financing

Author: Christian von Hirschhausen

Publisher: Edward Elgar Publishing

ISBN: 1843767902

Category: Business & Economics

Page: 295

View: 914

This book provides a balanced presentation of international trends in infrastructure regulation and financing. Based on recent developments in microeconomic theory, it comprehensively discusses the role of the state and the private sector in infrastructure provision. As well as a thorough overview of the relevant theoretical issues, the authors carefully examine national experiences of private participation in infrastructure. In particular, they explore sectoral restructuring in the electricity, telecommunications, water and transport sectors. The book includes case studies from both Argentina and the UK, and places a particular focus on Germany which, for a developed country, is a peculiar latecomer in terms of infrastructure sector reform.Well argued and rich in new insights, this book offers a meticulous and informative analysis of current trends in infrastructure privatization and deregulation. Among the authors are well-known specialists as well as younger researchers who provide a fresh perspective on the issue. The book will be of interest and relevance to researchers, academics, policymakers and international organizations interested in regulation and the modernization of infrastructure both in developed and developing countries.
Review of Risk Mitigation Instruments for Infrastructure

Author: Odo Habeck

Publisher:

ISBN: OCLC:744987112

Category:

Page:

View: 728

Although the importance of infrastructure sectors in achieving economic growth and poverty reduction is well established, raising debt and equity capital for infrastructure development and service provision has been a challenge for developing countries. Risk mitigation instruments facilitate the mobilization of commercial debt and equity capital by transferring risks that private financiers would not be willing to take to third-party official and private institutions that are capable of taking such risks. There has been increasing interest and discussion on risk mitigation instruments in the context of infrastructure financing among developing country governments, multi- and bilateral donors, and the private sector. However, due to the complex and diverse nature of risk mitigation instruments, what they can and cannot offer and how they can best be utilized for infrastructure financing are not well understood. This book summarizes existing risk mitigation instruments - primarily focusing on those offered by multilateral and bilateral official agencies - and presents recent trends and developments that make these guarantee and insurance products valuable in securing financing for infrastructure projects in developing countries.
Review of Risk Mitigation Instruments for Infrastructure Financing and Recent Trends and Developments

Author: Tomoko Matsukawa

Publisher: World Bank Publications

ISBN: 9780821371015

Category: Business & Economics

Page: 72

View: 624

Although the importance of infrastructure sectors in achieving economic growth and poverty reduction is well established, raising debt and equity capital for infrastructure development and service provision has been a challenge for developing countries. Risk mitigation instruments facilitate the mobilization of commercial debt and equity capital by transferring risks that private financiers would not be willing to take to third-party official and private institutions that are capable of taking such risks. There has been increasing interest and discussion on risk mitigation instruments in the context of infrastructure financing among developing country governments, multi- and bilateral donors, and the private sector. However, due to the complex and diverse nature of risk mitigation instruments, what they can and cannot offer and how they can best be utilized for infrastructure financing are not well understood. This book summarizes existing risk mitigation instruments - primarily focusing on those offered by multilateral and bilateral official agencies - and presents recent trends and developments that make these guarantee and insurance products valuable in securing financing for infrastructure projects in developing countries. Topics covered include: Descriptions of different types of risk mitigation instruments characteristics of multilateral, bilateral, and private providers of risk mitigation instruments and compatability of instruments Recent developments and innovative applications of risk mitigation instruments through case transactions areas that pose challenges to the use of risk mitigation instruments as catalysts of infrastructure development.ucture projects and finance.
Financing Private Infrastructure Projects

Author: Gary E. Bond

Publisher: Washington, D.C. : World Bank

ISBN: UCSD:31822021338421

Category: Economic development projects

Page: 76

View: 865

The last few years have seen an unprecedented increase world-wide in private participation in infrastructure financing. The International Finance Corporation (IFC), which has been involved in the financing of infrastructure projects for nearly three decades, has played an active role in these developments. To date, the Corporation has undertaken the financing of nearly 90 such projects in 26 developing countries, many of them in only the past few years. Its pipeline on new infrastructure projects has moreover continued to grow rapidly. This paper reviews the preliminary lessons emerging from IFC's experience with infrastructure financing in the developing world.
Trends in Large Pension Fund Investment in Infrastructure

Author: Raffaele Della Croce

Publisher:

ISBN: OCLC:826025941

Category: Finance and Investment

Page: 39

View: 695

Favourable conditions such as the growth of pension fund assets, privatisation trends and changing regulations have increased the interest of institutional investors in infrastructure investment. However, data on pension fund investment in infrastructure is limited. National statistical agencies do not currently collect separate data on these investments, and the different modes available to investors to gain exposure to infrastructure means that information is buried under different headings. This paper is based on a recent survey of some of the largest pension funds across different regions, accounting for over USD 7 trillion of assets under management. We look at how much these investors have allocated to infrastructure, what is considered as infrastructure, where it fits in the total portfolio allocation, what approaches and forms of investment have been taken, what are recent trends in relation to infrastructure and asset allocation, regulation and green investment. A better understanding of these issues is necessary from a policy perspective in order to be able to attract institutional investors to the infrastructure sector.
A Strategic Assessment of the Future of Water Utilities

Author: Edward G. Means

Publisher: American Water Works Association

ISBN: 9781583214282

Category: Science

Page: 228

View: 926

Forty-three (43) water professionals met to discuss and develop the ten top future trends and formulate the strategies to deal with each trend. Nineteen trends are presented within this paper. The top ten trends are described along with potential implications, and coping strategies are: Energy; Drinking Water Industry Employment and Workforce Issues; Political Environment; Population and Demographic Trends;Regulatory Trends; Total Water Management; Customer Expectations; Information Technology; Utility Finances; Information Security. The nine future trends identified and discussed are: Automation; Climate Change; Health Trends; Medical Trends; Regionalization Trends; Drinking Water Treatment Technology Issues; Economic Trends; Private Sector Participation; Physical Security. CD is included
Privatization and Regulation of Transport Infrastructure

Author: Antonio Estache

Publisher: World Bank Publications

ISBN: 0821347217

Category: Business & Economics

Page: 316

View: 291

The 1990s saw an increase in the liberalisation of transport policies and a strengthening of the role of private operators and investors in transport infrastructure worldwide. The search for sustained improvement in efficiency is probably secondary to the need to find additional financing, but it is improvement in services that is at the core of the new role of the government in transport. Governments must now become fair economic regulators of many of the privately operated transport services and infrastructures. This book examines the major challenges that governments are likely to face in taking on their new role in transport.
The Oxford Handbook of Structural Transformation

Author: Célestin Monga

Publisher: Oxford University Press

ISBN: 9780192512697

Category: Business & Economics

Page: 608

View: 780

The Oxford Handbook of Structural Transformation addresses the economics of structural transformation around the world. It deals with major themes, which include history and context, critical issues and concepts, methodological foundations, main theoretical approaches, policy issues, some illuminating country experiences of structural transformation, and important debates on the respective roles of the market and the state in that process. The historical record provides a challenge for economists to understand the success of the rising economic powers (some of them initially considered unlikely candidates for prosperity) and the stagnation or decline of others. Five major questions emerge: · Why has so much divergence occurred among nations of the world since the Industrial Revolution, and particularly during the 20th century? · Why has the pattern changed recently with the emergence of a few developing economies (e.g. the multi-polar world), and can it be sustained? · What are the key drivers, strategies, and policies, to foster structural transformation in various different country contexts and in a constantly evolving global economy? · How could low- and middle-income countries avoid development traps and learn from past experiences whilst exploiting the new opportunities offered by the Fourth Industrial Revolution? · What is the role of various development stakeholders and other important players in facilitating sustained economic convergence among nations? This book addresses these questions, bringing the rigor, usefulness, and multi-disciplinary scope of the Oxford Handbook series to a critical topic in economics. The Oxford Handbook of Structural Transformation is an essential reference work and a stimulus to new research and creativity across all branches of the social sciences.