Infrastructure is a key determinant of the growth potential of an economy. In many cases, and especially for emerging market countries like Nigeria, the utilisation of capital is important to creating needed infrastructure which encourages the inflow of FDI necessary to drive economic growth....

Officials from 8 of the 15 states that responded to our survey consider the expedited completion of projects to be the most important benefit of State Infrastructure Banks over the next 5 years. By drawing on diverse sources for funds, more capital can be amassed, thus enabling a project to get...

This paper investigates how the institutional arrangement in China's financial market increase the cost of capital for underdeveloped areas. I show that fiscal capacity results in higher leverage but not superior profitability for local government financing vehicles. Infrastructure in fiscally...

Global energy production has been on the rise for many years, and reliance on traditional sources of energy remains strong. The extraction and production of energy can serve as an important avenue of growth, particularly for developing economies. To undertake such capital intensive project...

Asian Infrastructure Investment Bank (AIIB) was officially established by China in 2016 with one of the aims to develop energy infrastructure based on green and sustainable principles in Asia. To achieve that, AIIB has set forth safeguard policies, including the Environmental and Social...

Investment in public infrastructure, including the provision of essential services through capital-intensive networks, is critical to supporting economic development and, more so, the quality of places and lives. The sustainability of public utilities and other infrastructure systems depends on...

As one of the main engines of socio-economic development, infrastructure needs additional funding increasingly to meet the growing needs of the population, as well as to meet the new challenges of our time - environmental pollution, poverty, inequality, overpopulation, climate change, reduced...

Infrastructure projects involve multiple parties: a government, private sector firms that build and manage, and outside investors who supply financing. Private sector firms need incentives to implement and maintain the projects well; governments may lack commitment not to extort cash flows (for...

Cities are faced with the huge challenge of providing infrastructure that meets the needs of a rising urban population, with limited public resources. Decisions and investments in urban infrastructure must be urgently leveraged to achieve sustainable economic growth within the carrying capacity...

The paper compares provision of public infrastructure via public-private partnerships (PPPs) with provision under government management. Due to soft budget constraints of government management, PPPs exert more effort and therefore have a cost advantage in building infrastructure. At the same...

The paper compares provision of public infrastructure via public-private partnerships (PPPs) with provision under government management. Due to soft budget constraints of government management, PPPs exert more effort and therefore have a cost advantage in building infrastructure. At the same...

Infrastructure financing challenges of landlocked developing countries and small Island developing states in Asia and the Pacific -- Introduction: Infrastructure financing strategies for sustainable development in asia and the pacific -- Infrastructure financing through the capital markets --...

Infrastructure Investment in Indonesia: A Focus on Ports presents an important and original collation of current material investigating the efficient facilitation of major infrastructure projects in Indonesia and Australia, with an emphasis on infrastructure investment and a focus on port...

Wie hoch sind die durch den Verkehr in der Schweiz verursachten Kosten, wie sind sie entstanden und wer hat sie übernommen? Die vorliegende Publikation beantwortet diese und weitere Fragen für den motorisierten Strassen- und Schienenverkehr, den Langsamverkehr, die Luftfahrt sowie erstmals...

This paper examines the history of U.S. infrastructure since 1929 and in the process reports an interesting fact about the U.S. economy. Infrastructure as a percent of GDP began a steady decline around 1970, and the government budget deficit became positive and large at roughly the same time....

This report provides an overview of funding and financing instruments available to support infrastructure investment in cities and regions. Subnational governments have a critical role to deliver, operate and maintain infrastructure, and to invest to help drive the recovery from COVID-19. In...