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Infrastructure finance in developing countries : an overview

Estache, Antonio - In: EIB papers 15 (2010) 2, pp. 60-88

This study analyzes the main approaches to infrastructure financing in developing countries and their evolution. It places the discussion in the context of the importance of infrastructure investment and maintenance needs to achieve growth and broader social objectives. It summarizes the...

Persistent link: https://www.econbiz.de/10008990743

The UK National Infrastructure Plan 2010

Stewart, James - In: EIB papers 15 (2010) 2, pp. 28-32

The challenges of infrastructure finance need to be considered in the context of long-term infrastructure planning. This article outlines the UK's new integrated approach to infrastructure planning to meet large investment needs against the backdrop of fiscal consolidation. The UK National...

Persistent link: https://www.econbiz.de/10008990745

The economics of infrastructure finance : public-private partnerships versus public provision

Engel, Eduardo; Fischer, Ronald; Galetovic P., Alexander - In: EIB papers 15 (2010) 1, pp. 40-69

). We show that project finance is appropriate for PPP projects, because there are few economies of scope and because assets … embedded in PPPs. Thus, in the case of a correctly designed PPP contract, the higher cost of capital may be the price to pay … for the efficiency advantages of PPPs. We also examine the role of government activities in PPP financing (e.g. revenue …

Persistent link: https://www.econbiz.de/10008990748

Infrastructure finance in Europe : composition, evolution and crisis impact

Wagenvoort, Rien; Nicola, Carlo de; Kappeler, Andreas - In: EIB papers 15 (2010) 1, pp. 16-39

This article is the first attempt to compile comprehensive data on infrastructure finance in Europe. We decompose infrastructure finance by institutional sector (i.e. public versus private) into its main components, which consist of traditionalpublic procurement, project finance and finance by...

Persistent link: https://www.econbiz.de/10008990749

Public-private partnerships in new EU member countries of Central and Eastern Europe : an economic analysis with case studies from the highway sector

Brenck, Andreas; Beckers, Torsten; Heinrich, Maria; … - In: EIB papers 10 (2005) 2, pp. 83-111

This paper analyses the role of public-private partnerships (PPPs) for infrastructure development in the new EU member states and candidate countries in Central and Eastern Europe. We survey projects in transport, water, energy, and telecommunications sectors and then focus on the highway...

Persistent link: https://www.econbiz.de/10011498180

Value-for-money measurements in public-private partnerships

Grout, Paul A. - In: EIB papers 10 (2005) 2, pp. 33-56

from the group it considers. The paper also considers the PPP evidence from the United Kingdom and summarises the …

Persistent link: https://www.econbiz.de/10011498181

Is the PPP model applicable across sectors?

Riess, Armin - In: EIB papers 10 (2005) 2, pp. 11-30

Focussing on two key features of a PPP - the bundling of construction and operation of an infrastructure asset, for one …, and private ownership for another - this paper argues that the PPP model is suitable for some public services but not for …

Persistent link: https://www.econbiz.de/10011498182

Roads on a downhill? : trends in EU infrastructure investment

Välilä, Timo; Koźluk, Tomasz; Mehrotra, Aaron N. - In: EIB papers 10 (2005) 1, pp. 19-38

This paper describes long-term trends in public investment and analyses their causes and consequences. This has been undertaken separately for the EU-15 and the new member countries in Central and Eastern Europe. In addition, it assesses the significance of infrastructure finance through...

Persistent link: https://www.econbiz.de/10011498184

Public-private partnerships : contract design and risk transfer

Dewatripont, Mathias; Legros, Patrick - In: EIB papers 10 (2005) 2, pp. 120-145

This paper critically assesses the implications of contract design and risk transfer on the provision of public services under public-private partnerships (PPPs). Two results stand out. First, the alleged strength of PPPs in delivering infrastructure projects on budget more often than...

Persistent link: https://www.econbiz.de/10011498186

Private-public partnerships : prerequisites for prime performance

Thomson, Campbell C. - In: EIB papers 10 (2005) 2, pp. 113-129

This paper presents the findings of an evaluation of public-private partnership (PPP) projects financed by the EIB. The …-financial benefits and that PPP projects score well in terms of delivering infrastructure on time and budget. There is also evidence … finding of the evaluation is that, in reality, the choice was not so much between a PPP and traditional public procurement, as …

Persistent link: https://www.econbiz.de/10011498198