Financing small-scale infrastructure investments in developing countries

Preprint OPEN
Daniel L. Bond; Daniel Platz; Magnus Magnusson; (2012)
  • Subject: infrastructure finance, issuers, investors, financial sector, structured finance
    • jel: jel:H54 | jel:H41 | jel:H81

In most developing countries a shortage of long-term, local-currency financing for small-scale infrastructure projects impedes local economic development. Inadequate fiscal transfers, little own source revenue and low creditworthiness make it difficult for local governm... View more
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