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Financing telecommunications for rural development

Douglas Goldschmidt

Telecommunications Policy, 1984, vol. 8, issue 3, 181-203

Abstract: Evidence shows that there has been serious underinvestment in telecommunications facilities in developing countries (DCs). This article analyses the reasons for this neglect, and demonstrates that a major restrictive factor in the development of telecommunications facilities in DCs -- particularly in rural areas -- has been the absence of adequate foreign exchange financing. Through an analysis of three major mechanisms for financing investment -- supplier credits, multilateral lending and bilateral lending -- and of the policies of the major institutions involved, the article identifies those policies that will stimulate the expansion of rural telecommunications in DCs.

Keywords: Telecommunications; Developing; countries; Foreign; aid (search for similar items in EconPapers)
Date: 1984
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