This paper describes long-term trends in public investment and analyses their causes and consequences. This has been undertaken separately for the EU-15 and the new member countries in Central and Eastern Europe. In addition, it assesses the significance of infrastructure finance through...

During recent decades governments all around the world were faced with a complicated set of options for investing in transport, including transport infrastructure. This publication examines main principles for determining the most appropriate models for financing transport infrastructure...

Chapter 1.Introduction to Project Finance -- Chapter 2.Project Financing and Direct Conventional Financing -- Chapter 3.Sources of project funds -- Chapter 4.Bankability -- Chapter 5.Public Procurement: Laws and Regulations -- Chapter 6.Assessment of project’s viability and analytical tools --...