affect private investment. Then they describe their empirical framework, which is based on a vector autoregression (VAR …) model that accounts for flows and (quality-adjusted) stocks of public infrastructure, private investment, as well as changes … public infrastructure has both "flow" and "stock" effects on private investment in Egypt, but only a "stock" effect in Jordan …

Investment commitments to infrastructure projects with private participation grew in 2005, but the number of …

currently. The authors also derive a more general rule for sustainability--maintain positive constant genuine investment …