stabilization. Traditionally, these funds have invested in external assets, especially securities traded in major markets. But the … persistent infrastructure financing gap in developing countries has motivated some governments to encourage their sovereign …

focus on the creation of fiscal space for increased investment in infrastructure, as well as on indicators related to macro … infrastructure projects with high productivity effects and the crucial role of financing in determining the net effects of expanded … government infrastructure spending. Transfer programs can generate immediate welfare gains but are less effective over time …

Learning from experience to improve future infrastructure public-private partnerships is a focal issue for policy …

This study constructs a microdata set of about 143,000 firms to estimate the monetary costs of infrastructure … expenditure). At almost $300 billion a year, these figures highlight the substantial drag that unreliable infrastructure imposes …

This paper argues for a novel approach to financing infrastructure needs in Arab countries. It first describes the … context of rising public debt in the region, contrasting it with the vast infrastructure needs. It then discusses the …

The authors have assembled 1960?2012 infrastructure stock data from 145 countries to estimate the demand for … infrastructure services in emerging markets and developing economies. This paper identifies that the required resource flows to … satisfy new demand while maintaining service for existing infrastructure amounts to $836 billion or 6.1 percent of current …

The link between infrastructure and economic growth is widely acknowledged -- as is the infrastructure gap, which can … crisis, the challenges of raising financing for infrastructure projects in EMDEs are also well known. The challenges come … potential for institutional investors as a growing potential source of financing. This paper argues that infrastructure projects …