Private infrastructure finance and investment in Europe

Georg Inderst ()

No 2013/02, EIB Working Papers from European Investment Bank (EIB)

Abstract: This study discusses the structure and development of private infrastructure finance in Europe in a global context. It examines the contribution of private capital to the financing of infrastructure investment needs. A 'big picture' is created by putting the various financing instruments and investment vehicles into a simple frame, i.e. percentages of GDP. There is scope for the development of alternative financing arrangements (such as public-private partnerships) and investment vehicles (such as project bonds and suitable investment funds). However, the traditional ways of corporate (and public) capital expenditure as well bank lending, need to keep working in Europe. Institutional investors can play a bigger role as a source of finance but expectations should be realistic. There are a number of barriers in place, regulatory and otherwise, that need to be worked on.

JEL-codes: E22 G23 (search for similar items in EconPapers)
Date: 2013
New Economics Papers: this item is included in nep-mac, nep-ppm and nep-tre
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (21)

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Persistent link: https://EconPapers.repec.org/RePEc:zbw:eibwps:201302

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