Social Infrastructure Finance and Institutional Investors. A Global Perspective

Georg Inderst ()

EconStor Preprints from ZBW - Leibniz Information Centre for Economics

Abstract: Social infrastructure has endured a long period of neglect in most developed and emerging countries, with chronic underinvestment exposed by the coronavirus crisis 2020. The financial crisis 2007/08 led to a slow revival of economic infrastructure policies, and a growing involvement of institutional investors. In contrast, private sector investment in social infrastructure has widely fallen back over the last decade. Will the next decade see a renaissance of - public and private - social infrastructure investment? This is the first systematic account of social infrastructure investment from an international perspective, leading to several key conclusions for policy makers and investors. The public sector will remain the dominant source for funding and financing. Nonetheless, much more private capital could flow with greater clarity on social assets, given their very diverse characteristics across sectors and projects. Several investment strategies can realistically be improved and expanded. Sustainability, impact and SDG investing open a new door for asset owners.

Keywords: social infrastructure; infrastructure investment; infrastructure finance; infrastructure policy; public-private partnerships; institutional investors; health infrastructure; infrastructure funds; sustainability investing; impact investments (search for similar items in EconPapers)
JEL-codes: E22 F21 G15 G18 G2 H54 H57 H75 O16 O18 R31 R51 (search for similar items in EconPapers)
Date: 2020, Revised 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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Related works:
Working Paper: Social Infrastructure Finance and Institutional Investors. A Global Perspective (2020)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:esprep:215529

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