As numerous countries in Latin America and the Caribbean and elsewhere are moving toward a second phase of private participation in infrastructure programs mostly through public-private partnership schemes and other countries are just beginning the process, several concerns remain from the...

Evidence of public expenditure on infrastructure is extremely sparse. Little is known about the trends and patterns of infrastructure expenditure, and there is no real basis for assessing the adequacy and efficiency of infrastructure spending. Drawing on the World Bank's novel BOOST database,...

The social rate of return of mobile broadband infrastructure is an important indicator for informing the allocation of public and private capital to the telecommunications sector, yet no estimates are currently available in the literature. The consensus in the literature is that to estimate the...