This paper discusses the radical change of the role of the public sector in the financing of infrastructure projects during the nineties. The generalized response to the new environment has taken the form of arrangements in which private initiative is empowered to construct and finance the...

This paper discusses the radical change of the role of the public sector in the financing of infrastructure projects during the nineties. The generalized response to the new environment has taken the form of arrangements in which private initiative is empowered to construct and finance the...