data from the Reserve Bank of India, to investigate the interaction between infrastructure development and financial sector … with stronger initial financial development, suggesting that although financing responds to large infrastructure …This paper uses the construction of India's Golden Quadrangle central highway network, together with comprehensive loan …

The paper addresses the issue of the feasible level of private finance in a contracting model of infrastructure finding … and financing. It characterizes the structure of financial contracts, deriving the conditions under which both public and …

This study argues that public infrastructure is an important though previously neglected driving mechanism of the … neoclassical growth model with heterogeneous firms, where public infrastructure contributes to firms' production and mitigates the … infrastructure in recent decades, yet remains in deep need of further infrastructure improvements. The accumulation of infrastructure …

This paper examines a puzzle in the political economy of infrastructure in India -- the co-existence of relatively low … shares of capital spending in public budgets alongside evidence of large demand for village infrastructure from poor voters …. It argues that this pattern is due to infrastructure projects being used at the margin for political rent-seeking, while …

alleviation, and shared prosperity, it is essential to make closing its huge infrastructure gap a priority. Identifying and …, practical, and effective infrastructure development choices. This study addresses this knowledge gap by focusing on the current … status of infrastructure sectors and geographical disparities, real levels of investment and private sector participation …

This paper investigates the role of fiscal guarantees in promoting infrastructure investment. Infrastructure is a … critical driver of economic growth, but infrastructure entails significant up-front costs that yield benefits after a time lag …. Investors hesitate to put their money down on private infrastructure ventures because of the long lag and governments do not …

interested in developing subnational bond markets to give subnational governments access to private financing for infrastructure … financing. Pooled financing, through regional infrastructure funds, municipal funds, or bond banks, has become a sought …-after solution for helping subnational governments access private financing for infrastructure. In the United States, municipal bond …

that sometimes stand in the way of efficient completion of urban infrastructure networks. At the same time, urban India is …Government entities in India hold large amounts of public land. Their landholdings include some of the most valuable … deficient in basic infrastructure -- both network infrastructure needed to support economic growth and urban service …

Governance is central to development outcomes in infrastructure, not least because corruption (a symptom of failed … governance) can have significantly negative impact on returns to infrastructure investment. This conclusion holds whether … infrastructure is in private or public hands. This paper looks at what has been learned about the role of governance in …

This paper examines the relationship between multilateral support and contract cancellation in long-term infrastructure … support has a positive effect on the survival of long-term public-private partnership infrastructure contracts. Whereas …