Businesses are "burdened" by government through corporate taxes and bureaucratic procedures. We interpret these two channels as tools for raising revenue and study, theoretically and empirically, how different political institutions rely on these tools. We establish two stylized facts: the...

We assembled a large panel of project-level technical and financial data and country-level economic, institutional, political, and governance variables to assess the determinants of private financing of infrastructure in emerging markets and developing economies. Controlling for economic...