Financing small-scale infrastructure investments in developing countries
Daniel Platz () and
Working Papers from United Nations, Department of Economics and Social Affairs
In most developing countries a shortage of long-term, local-currency financing for small-scale infrastructure projects impedes local economic development. Inadequate fiscal transfers, little own source revenue and low creditworthiness make it difficult for local governments to fully fund projects on their own. This paper proposes the use of project finance as a means to attract financing from domestic banks and institutional investors. Donors can play a catalytic role by providing technical assistance to develop projects and credit enhancement to attract commercial financing.
Keywords: infrastructure finance; issuers; investors; financial sector; structured finance (search for similar items in EconPapers)
JEL-codes: H41 H54 H81 (search for similar items in EconPapers)
Pages: 16 pages
New Economics Papers: this item is included in nep-cwa, nep-pbe, nep-ppm and nep-tre
References: Add references at CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed
Downloads: (external link)
Our link check indicates that this URL is bad, the error code is: 403 Forbidden (http://www.un.org/esa/desa/papers/2012 [301 Moved Permanently]--> https://www.un.org/esa/desa/papers/2012 [301 Moved Permanently]--> http://www.un.org/esa/desa/papers/2012/ [301 Moved Permanently]--> https://www.un.org/esa/desa/papers/2012/)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:une:wpaper:114
Access Statistics for this paper
More papers in Working Papers from United Nations, Department of Economics and Social Affairs Contact information at EDIRC.
Bibliographic data for series maintained by Aimee Gao ().