Funding and financing infrastructure: The joint-use of public and private finance
نویسندگان
چکیده
Attracting private financing is high on the agenda of policy makers concerned with closing infrastructure gap in developing countries. To date, however, finance represents a minor share overall and poorest countries struggle to attract any investors. This paper develops model that rationalizes these facts. We characterize structure financial regulatory contracts derive conditions under which public coexist. requires combination regulated prices subsidies sufficiently attractive for outside financiers, pointing at fundamental trade-off between viability social inclusion. While improvements efficiency bankruptcy procedures facilitate access finance, institutional changes lowering cost funds make more attractive.
منابع مشابه
Private financing of public infrastructure
I thank Ken Davidson for helpful comments and information .
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تاثیر منبع کنترل رفتار بر روی موفقیت تحصیلی زبان آموزان انگلیسی بندرت در ایران ارزیابی شده است. هدف این تحقیق ارزیابی رابطه بین منبع کنترل رفتار زبان آموزان انگلیسی و موفقیت آنها در مهارت های خواندن و نوشتن زبان انگلیسی است. محقق همچنین رابطه بین منبع کنترل رفتار و راهبردهای یادگیری زبان انگلیسی را در این تحقیق جستجو می کند. بدین منظور محقق ابتدا نسخه فارسی پرسشنامه منبع کنترل رفتار (duttweiler...
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ژورنال
عنوان ژورنال: Journal of Development Economics
سال: 2021
ISSN: ['1872-6089', '0304-3878']
DOI: https://doi.org/10.1016/j.jdeveco.2021.102629