This economic policy note presents the dilemma between private infrastructure and public risk. The note examines the fact that, increasingly, governments in many developing countries are relying on the private sector to provide infrastructure services, thus being forced - because of policy...

Infrastructure projects are considered one of the pillars for achieving urban sustainable development socially, economically and environmentally, as they reflect the progress of countries. Due to the importance and high cost of these projects and as a result of the insufficiency of available...

There are three basic approaches to mitigating this risk; namely, institutional instruments that limit the possibility of government opportunism, financial instruments that decrease financial risk, and investment strategies, such as choosing technologies that may not be cost-minimizing but that...