Each year developing countries seek billions of dollars of investment in their infrastructure, and private investors, mostly in rich countries, seek places to invest trillions of dollars of new savings. Private foreign investment in the infrastructure of developing countries would seem to hold...

To manage their exposure arising from guarantees to infrastructure projects, governments need to adopt modern risk management techniques. The authors introduce an integrated risk management system that draws on recent advances in the private sector. Adapted for use in the public sector, the...

Traditionally, governments have had the major responsibility of managing the process of infrastructure provision, especially financing. But of late governments across the globe are not in a position to build the required infrastructure, maintain existing assets and to replace worn-out assets...