Le financement des infrastructures

Alain Quinet

Revue d'économie financière, 2012, vol. N° 108, issue 4, 201-220

Abstract: The current economic crises reduce governments? room for manoeuvre on infrastructure finance. At the same time banks withdraw from on-balance-sheet long term lending and the monoline credit insurance system has virtually collapsed. Pure public or private solutions should not be viewed as panacea. Channelling savings to infrastructure projects require both public and private involvements: a regulatory framework conducive to long term investments, risk sharing based on an acute risk analysis, public infrastructure banks providing long term lending and the development of infrastructure and project bonds. Classification JEL: G18, O18, O29.

JEL-codes: G18 O18 O29 (search for similar items in EconPapers)
Date: 2012
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