Through an empirical analysis of the relationship between private participation in infrastructure and country risk, the paper shows that country risk ratings are a reliable predictor of infrastructure investment levels in developing countries. The results suggest that a difference of one...

Through an empirical analysis of the relationship between private participation in infrastructure and country risk, the paper shows that country risk ratings are a reliable predictor of infrastructure investment levels in developing countries. The results suggest that a difference of one...

Through an empirical analysis of the relationship between private participation in infrastructure and country risk, the paper shows that country risk ratings are a reliable predictor of infrastructure investment levels in developing countries. The results suggest that a difference of one...

Intro -- Contents -- Foreword -- Acknowledgements -- Abstract -- Executive Summary -- Introduction -- Previous Research -- Analytical Framework -- Data -- What Drives Governance Risk Perception: Cluster Analysis of Political and Regulatory Risk Data -- Impact of Governance Risks on Investment...