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This economic policy note presents the dilemma between private infrastructure and public risk. The note examines the …. However, through the improvement in policies, such as risk reduction and guarantee improvement, governments can avoid these … risks, while attracting private infrastructure investment. Guidelines are provided for allocating risk, where two factors …
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We develop a Financial Computable General Equilibrium Model (FCGE) model that can analyse the economic impacts of the infrastructure investment projects and their financing options on growth and distribution in Indonesia economy. It is possible to estimate growth and distributional effects of...
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This paper uses some simple conceptual models to draw out various implications of infrastructure investments with long lifetimes for the ability of societies to reduce their future greenhouse gas emissions. A broad range of such investments, related both to energy supply and demand systems, may...
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This paper examines a puzzle in the political economy of infrastructure in India - the co-existence of relatively low shares of capital spending in public budgets alongside evidence of large demand for village infrastructure from poor voters. It argues that this pattern is due to infrastructure...
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