Since the 1980’s Spain has developed an ambitious road building programme with the construction of approximately 12,000 kilometres of new motorways. This article analysis the factors related to the placement of these new motorways during two distinct planning periods from 1983 to 1993 and 1994...

Beginning from the end of the 1980s many studies analysing the relation between infrastructures endowment and economic development have been realised. A general consensus is achieved around the idea that basic infrastructure facilities are important features related to economic performance,...

Infrastructures are necessary to support the functionality of urban communities. Globalization, increased polycentricity, new trends in governance and tightening public budgets have increased interest in alternative ways of providing such infrastructures. One product of this trend is the...

This paper analyzes the potential and the limits of project finance for the provision of local public services and compares them with alternative instruments in the light of current regulation. The main requirements for project finance, even in non “pure” forms, to justify its complex...

Luisa Dörr prepared this study while she was working at the ifo Center for Public Finance and Political Economy. The study was completed in February 2022 and accepted as doctoral thesis by the Department of Economics at the University of Munich. It consists of three distinct empirical essays...

Luisa Dörr prepared this study while she was working at the ifo Center for Public Finance and Political Economy. The study was completed in February 2022 and accepted as doctoral thesis by the Department of Economics at the University of Munich. It consists of three distinct empirical essays...

Transport policy in the Autonomous Community of the Basque Country (ACBC) has been relatively consistent over time, with no sudden changes. It is based on the Sustainable Transport Master Plan, in which the Basque Government resorts to planning to frame its actions in the medium term and assumes...

The South African government has begun to ramp up economic infrastructure investment. This is an important policy shift and in line with the government’s aim of increasing economic growth to 6% and halving poverty by 2014. It follows that we are left with the question: What are the most...

This work analyses the risk allocation between government and concessionaire in the High Speed Train (HST) Project from Rio de Janeiro to São Paulo and Campinas. The concession model proposed by the government to transfer the HST operation to private firms in 2010 was revised in 2012, with the...

The recent experience of infrastructure investment in the People's Republic of China (PRC) suggests an intertwined relationship between investment, urbanization, and economic growth. In one mechanism, urbanization generates demand for infrastructure investment, which then drives economic growth...