We examine the optimal financing of infrastructure when governments have limited financial commitment and can expropriate rents from private sector firms that manage infrastructure. While private firms need incentives to implement projects well, governments need incentives to limit...

Overview of the theme covered in the India Infrastructure Report - Highlights the issues involved in promoting commercialisation of infrastructure and especially public private partnerships. Also reviews and presents the various articles in the book India Infrastructure Report 2004 - Ensuring...

Even though knowledge economies are a by-product of the increasing use of ICTs worldwide, its impact seems biased only towards developed countries. Latin America still faces a digital gap, despite having laid some ties with the global economic and informational system. Therefore, it is a region...

Cities across Canada should sell their electricity distribution companies and invest the proceeds in critical municipal infrastructure, according to a new C.D. Howe Institute report. In “Surge Capacity: Selling City-owned Electricity Distributors to Meet Broader Municipal Infrastructure...

The world's major money printers are in trouble. The debt-based monetary architecture is going through serious stress. The recent banking and sovereign debt crises are systemic symptoms indicating an upcoming and unavoidable change in money creation methodology. This paper addresses the key...

This research study aimed to assesses the impact of infrastructure based on the evaluation of infrastructure provision's effect on public finance, presenting the case of Kutaisi International Airport in Georgia. In the case, we assessed the impact of the airport on the public finances of the...

The paper investigates the impact the provision of public capital has on the demand for private capital and labour using a cost function with public capital included as a fixed unpaid factor of production. Special attention is paid to the examination of the influence tax vs. debt financing of...

Historically, governments have played the predominant role in owning and operating infrastructure facilities such as schools, hospitals, roads, bridges, railways, ports, telecommunications networks, and water and electricity supply facilities. However, fiscal policy constraints, growing...

The choice between private and government provision of a productive public good like infrastructure (public capital) is examined in the context of an endogenously growing open economy. The accumulation of public capital need not require government provision, in contrast to the standard...