A lack of well-prepared projects is a major obstacle to infrastructure development in emerging and developing countries, and hence to their general economic development. In Africa, for example, the infrastructure shortfall involves the sacrifice of about 2% of GDP growth per annum. Even a modest...

Trillions of dollars are needed to bridge the infrastructure gap. This report examines various elements of political and regulatory risk in infrastructure projects and identifies factors which need to be harnessed so that investment can flow more efficiently and in greater volume.

"The report, Risk Mitigation Instruments in Infrastructure: Gap Assessment, offers a framework for institutions to assess gaps in the provision of risk-mitigation instruments and to mobilize much-needed long-term infrastructure investment in emerging and developing economies. The report outlines...