greater priority to public investment and infrastructure spending than their middle-income counterparts. Econometric analysis …Evidence of public expenditure on infrastructure is extremely sparse. Little is known about the trends and patterns of … infrastructure expenditure, and there is no real basis for assessing the adequacy and efficiency of infrastructure spending. Drawing …

The link between economic growth, and better provision of infrastructure services may be unproven, but it is clear that … reforms to make infrastructure services more competitive (where possible), and to provide strong, and independent economic … regulation of natural monopolies, do create an environment more conducive to: 1) Private sector participation in infrastructure …

In a road infrastructure concession, a public authority grants specific rights to a private, or semi-public company to … construct, overhaul, maintain, and operate infrastructure for a given period. By contract, the public authority charges that …

To encourage the private funding and provision of infrastructure services, governments have used specialized financing … case studies of infrastructure financing facilities in various stages of development in Colombia, India, and Pakistan. They … also present case studies of government-sponsored financing facilities (not of infrastructure) in Argentina, and Moldova …

This study argues that public infrastructure is an important though previously neglected driving mechanism of the … neoclassical growth model with heterogeneous firms, where public infrastructure contributes to firms' production and mitigates the … infrastructure in recent decades, yet remains in deep need of further infrastructure improvements. The accumulation of infrastructure …

governance) can have significantly negative impact on returns to infrastructure investment. This conclusion holds whether …Governance is central to development outcomes in infrastructure, not least because corruption (a symptom of failed … infrastructure is in private or public hands. This paper looks at what has been learned about the role of governance in …

This paper seeks to shed some light on the extent to which infrastructure sub-sectors - energy, telecommunications … additional insights on whether the relationship between infrastructure and growth depends on five additional variables: the … degree of private participation in infrastructure, the quality of governance, the extent of rural-urban inequality in access …

infrastructure. She uses recently compiled data on private and public sector investment in the water, power, telecommunications …The author assesses the importance of the regulatory framework as a determinant of private sector investment in … significant institutional determinant of private investment volumes is the passage of legislation liberalizing the investment …

) model that accounts for flows and (quality-adjusted) stocks of public infrastructure, private investment, as well as changes … public infrastructure has both "flow" and "stock" effects on private investment in Egypt, but only a "stock" effect in Jordan … policy reforms aimed at limiting investment to infrastructure capital that crowds in the private sector and corrects for …

status of infrastructure sectors and geographical disparities, real levels of investment and private sector participation …, it will need a mix of investment in infrastructure stock and supportive reforms to close its infrastructure gap. One … alleviation, and shared prosperity, it is essential to make closing its huge infrastructure gap a priority. Identifying and …