EconPapers    
Economics at your fingertips  
 

Financing infrastructure in developing countries

Antonio Estache, Tomas Serebrisky and Liam Wren-Lewis

Oxford Review of Economic Policy, 2015, vol. 31, issue 3-4, 279-304

Abstract: This article develops a theoretical framework to analyse options for financing infrastructure in developing countries. We build a basic model that gives motivations for using a combination of public finance, private debt, and private equity. The model is then extended in a number of ways to examine factors that are important for developing countries. We focus in particular on key institutional weaknesses that are often important for infrastructure investment. Overall, we show that such weaknesses can be key in determining financing choices, but that they do not all push in the same direction. Financing schemes must therefore be adapted to consider the institutional limitations that are most pertinent in any given context.

Date: 2015
References: Add references at CitEc
Citations: View citations in EconPapers (15) Track citations by RSS feed

Downloads: (external link)
http://hdl.handle.net/10.1093/oxrep/grv037 (application/pdf)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Financing Infrastructure in Developing Countries (2015) Downloads
Working Paper: Financing infrastructure in developing countries (2015)
Working Paper: Financing infrastructure in developing countries (2015)
Working Paper: Financing infrastructure in developing countries (2015)
Working Paper: Financing infrastructure in developing countries (2015)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:oxford:v:31:y:2015:i:3-4:p:279-304.

Access Statistics for this article

Oxford Review of Economic Policy is currently edited by Christopher Adam

More articles in Oxford Review of Economic Policy from Oxford University Press
Bibliographic data for series maintained by Oxford University Press ().

 
Page updated 2023-12-06
Handle: RePEc:oup:oxford:v:31:y:2015:i:3-4:p:279-304.