Developing countries are faced with a substantial and persistent infrastructure deficit. Climate change complicates this challenge, affcting the way we design and manage infrastructure (defined here as transport, power, water and sanitation) and increasing costs. But all s not negative: Climate...

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 borader social objectives. It summarizes the...

ENGLISH ABSTRACT: Infrastructure and related services are crucial for facilitating economic activities, creatingemployment opportunities and generating economic growth. The African continent has ahuge infrastructure gap estimated by the World Bank at US$75 billion per annum.However, the current...

Transportation finance has been historically dominated by assessing taxes totransportation users and taxes on the general public. Innovative financing mechanismssuch as tax increment financing, special assessment districts, and others represent valuecapture techniques that tax property owners to...

Social infrastructure has endured a long period of neglect in most developed and emerging countries, with chronic underinvestment exposed by the coronavirus crisis 2020. The financial crisis 2007/08 led to a slow revival of economic infrastructure policies, and a growing involvement of...

Infrastructure construction is one of the basic driving forces of social and economic development. Since 1978, the construction of infrastructure in the People's Republic of China (PRC) has experienced rapid development, which has given a strong impetus to the PRC's modernization. But behind the...

This paper discusses two high-profile public-private partnership projects in Tajikistan - the Dushanbe-Chanak motor toll road and Pamir Energy hydropower projects. An impact evaluation exercise was conducted for the Dushanbe-Chanak road using difference-in-difference estimates. The impact of the...

Over 330 million people live in India’s cities; 35 cities have a population of over a million and three (Mumbai, Delhi, and Kolkata) of the 10 largest metropolises in the world are in India. India’s cities are large, economically important, and growing. However, neither urban...

Over 330 million people live in India's cities; 35 cities have a population of over a million and three (Mumbai, Delhi, and Kolkata) of the 10 largest metropolises in the world are in India. India's cities are large, economically important, and growing. However, neither urban infrastructure nor...

This paper sets out to explore the potential of sub-sovereign bonds in financing infrastructure in developing countries. Taking into account the historical experience of the US, it develops a supply and demand side framework for analysis of the market for sub-sovereign bonded debt in developing...