This paper examines the link between value creation and transportation provision by conducting an examination of some of the projects financed and managed by Macquarie Bank, perhaps the worldwide leader in private infrastructure finance. Macquarie, an Australian firm, uses an infrastructure...

Public-Private Partnerships (PPP) in transport are a growing phenomenon throughout the world. The developing world in particular has seen a veritable explosion of such arrangements. There can be, however, a significant difference between developing countries that are 'low-income' versus those...