What Drives Private Participation in Infrastructure Developing Countries?

Marian Moszoro, Gonzalo Araya, Fernanda Ruiz-Nuñez and Jordan Schwartz

Chapter Chapter 2 in Public Private Partnerships for Infrastructure and Business Development, 2015, pp 19-44 from Palgrave Macmillan

Abstract: Abstract The links between infrastructure and development are well established. They include the impact of infrastructure on poverty alleviation, equity, growth, and specific development outcomes such as job creation, market access, health, and education (Straub 2008; Calderón and Servén 2004, 2008, 2010). These relationships are complex and dynamic; even with respect to growth and job creation, infrastructure’s effects are felt through multiple channels.1 The demand for infrastructure is rising with the accelerating pace of globalization and urbanization. Every month in the developing world, more than five million people migrate to urban areas. This trend is compounded by the growing need for low C02 and climate-resilient investments to combat the challenges of climate change (Fay and Toman 2010; Bhattacharya et al. 2013).

Keywords: Foreign Direct Investment; Private Investment; Infrastructure Investment; Corruption Perception Index; International Country Risk Guide (search for similar items in EconPapers)
Date: 2015
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DOI: 10.1057/9781137541482_2

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