The Experts below are selected from a list of 90402 Experts worldwide ranked by ideXlab platform
Danny Leipziger - One of the best experts on this subject based on the ideXlab platform.
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Infrastructure project finance and capital flows a new perspective
World Development, 1998Co-Authors: Mansoor Dailami, Danny LeipzigerAbstract:The success with which middle-income indebted developing countries have gained access to Private international finance in the 1990s is a tribute to their own domestic economic performance, international policy in dealing with the debt crisis of the 1980s, and innovation in international financial markets. Emphasizing the role of Private Infrastructure investment as a vehicle for attracting foreign capital to developing countries in the 1990s, the authors develop an analysis model to examine what determines the credit-risk premium on Infrastructure projects in the country-risk environment of developing countries. They also provide tentative quantitative evidence of the importance of macroeconomic and project-specific attributes of project risk. Their key finding is that the market seems to impose a high-risk premium on loans to countries with high inflation and to projects in the road sector.
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Infrastructure project finance and capital flows a new perspective
Social Science Research Network, 1997Co-Authors: Mansoor Dailami, Danny LeipzigerAbstract:The market seems to impose a high-risk premium on Infrastructure loans to countries with high inflation and to projects in the road sector. The success with which middle-income indebted developing countries have gained access to Private international finance in the 1990s is a tribute to their own domestic economic performance, international policy in dealing with the debt crisis of the 1980s, and innovations in international financial markets. Emphasizing the role of Private Infrastructure investment as a vehicle for attracting foreign capital to developing countries in the 1990s, Dailami and Leipziger develop an analytical model to examine what determines the credit-risk premium on Infrastructure projects in the country-risk environment of developing countries. They also provide tentative quantitative evidence of the importance of macroeconomic and project-specific attributes of project risk. Their key finding: the market seems to impose a high-risk premium on loans to countries with high inflation and to projects in the road sector. This paper - a product of the Regulatory Reform and Private Enterprise Division, Economic Development Institute - is part of a larger effort in the institute to expand best practice, knowledge, and learning in the Infrastructure finance area. Mansoor Dailami may be contacted at mdailami@worldbank.org.
Aaron A Moore - One of the best experts on this subject based on the ideXlab platform.
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the performance of transparency in public Private Infrastructure project governance the politics of documentary practices
Urban Studies, 2019Co-Authors: Mariana Valverde, Aaron A MooreAbstract:That public–Private Infrastructure partnerships (P3s) present problems in relation to democratic accountability has often been noted, with calls for greater transparency often following. Such calls...
Stephen Graham - One of the best experts on this subject based on the ideXlab platform.
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constructing premium network spaces reflections on Infrastructure networks and contemporary urban development
International Journal of Urban and Regional Research, 2000Co-Authors: Stephen GrahamAbstract:This article argues that standardized, public or Private Infrastructure monopolies are receding as hegemonic forms of urban Infrastructure development. We are starting to witness the uneven overlaying of new, customized, high-performance urban Infrastructures onto the apparently immanent, universal and (usually) public monopoly networks laid down in developed cities between the 1930s and 1960s. This article seeks to develop a broad and international exploration of the construction of such premium networked spaces and to begin analysing how they are bound up within wider processes of urban change and restructuring. To this end it highlights four processes of socio-technical and political economic change that are supporting the emergence of premium networked Infrastructures. These are: the 'unbundling' of urban Infrastructure provision; the erosion of comprehensive urban planning and the construction of new consumption spaces; the emergence of infrastructural consumerism; and the widespread shift towards extended and automobilized cityscapes. In each case, the article explores emerging examples of premium networked spaces via brief case studies. Finally, the article reflects on the likely limits to these trends, by way of a brief conclusion. Copyright Joint Editors and Blackwell Publishers Ltd 2000.
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constructing premium network spaces reflections on Infrastructure networks and contemporary urban development
International Journal of Urban and Regional Research, 2000Co-Authors: Stephen GrahamAbstract:This article argues that standardized, public or Private Infrastructure monopolies are receding as hegemonic forms of urban Infrastructure development. We are starting to witness the uneven overlaying of new, customized, high-performance urban Infrastructures onto the apparently immanent, universal and (usually) public monopoly networks laid down in developed cities between the 1930s and 1960s. This article seeks to develop a broad and international exploration of the construction of such premium networked spaces and to begin analysing how they are bound up within wider processes of urban change and restructuring. To this end it highlights four processes of socio-technical and political economic change that are supporting the emergence of premium networked Infrastructures. These are: the ‘unbundling’ of urban Infrastructure provision; the erosion of comprehensive urban planning and the construction of new consumption spaces; the emergence of infrastructural consumerism; and the widespread shift towards extended and automobilized cityscapes. In each case, the article explores emerging examples of premium networked spaces via brief case studies. Finally, the article reflects on the likely limits to these trends, by way of a brief conclusion. Cet article sugg ere que les monopoles d’Infrastructures uniformis´s, prives ou publics, disparaissent en tant que formes h´gemoniques du developpement d’Infrastructure urbaine. Nous commen??ons a voir la superposition inegale de nouvelles Infrastructures urbaines de haut rendement, faites sur mesure, sur les r´seaux de monopole (generalement) publics universels, apparemment immanents, mis en place dans les villes developp´es entre les annees trente et les ann´es soixante. Cet article tente de developper une perspective internationale de la construction de ces espaces de reseaux recherches, et de commencer a analyser comment ils sont relies dans le contexte du processus de changement et de restructuration urbains plus larges. Pour ce faire, il souligne quatre processus de changement politico-economique et socio-technique qui supportent l’apparition des Infrastructures de reseaux recherch´es. Ce sont: le ‘d´sempaquetage’ de la provision d’Infrastructure urbaine; l’erosion de la planification urbaine comprehensive et la construction de nouveaux espaces de consommation; l’apparition du consomm´risme Infrastructurel; et un changement general vers des paysages de citeetendus et motorises. Dans chaque cas, l’article explore des exemples emergents d’espaces de reseaux recherches avec de brefs cas d’etude. Enfin, dans sa conclusion, l’article reflechit aux limites probables de ces tendances.
Muhammad Javid - One of the best experts on this subject based on the ideXlab platform.
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public and Private Infrastructure investment and economic growth in pakistan an aggregate and disaggregate analysis
Sustainability, 2019Co-Authors: Muhammad JavidAbstract:This study investigates the relationship between Infrastructure investment and economic growth at the aggregate and sectoral levels, namely, the industrial, agriculture, and services sectors for Pakistan over the period from 1972 to 2015. In contrast to earlier literature, we make a comparative analysis of the different composition of Infrastructure investments, including public versus Private investment and Infrastructure investment in sub-sectors such as in power, roads, and telecommunication sectors. The long-run relationship is estimated using fully modified ordinary least squares (FMOLS) to address the problem of reverse causality. The main conclusion of this study is that both public and Private Infrastructure investments have positive but different effects on economic growth. In other words, the marginal productivities of Private and public Infrastructure investments differ across the different sectors of the economy. In most of the cases, public Infrastructure investment has a larger impact on economic growth than Private Infrastructure investment. Two important policy implications emerge from this study, as follows: (1) The different elasticity estimates can be used by policy makers to quantify the impact of policies targeted at the specific sector and (2) the government should develop an enabled policy environment to attract Private investment, with the consideration of structural characteristics of the various sectors. The involvement of the Private sector in the provision of Infrastructure would help to control the tight budgetary situation.
Mansoor Dailami - One of the best experts on this subject based on the ideXlab platform.
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Infrastructure project finance and capital flows a new perspective
World Development, 1998Co-Authors: Mansoor Dailami, Danny LeipzigerAbstract:The success with which middle-income indebted developing countries have gained access to Private international finance in the 1990s is a tribute to their own domestic economic performance, international policy in dealing with the debt crisis of the 1980s, and innovation in international financial markets. Emphasizing the role of Private Infrastructure investment as a vehicle for attracting foreign capital to developing countries in the 1990s, the authors develop an analysis model to examine what determines the credit-risk premium on Infrastructure projects in the country-risk environment of developing countries. They also provide tentative quantitative evidence of the importance of macroeconomic and project-specific attributes of project risk. Their key finding is that the market seems to impose a high-risk premium on loans to countries with high inflation and to projects in the road sector.
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Infrastructure project finance and capital flows a new perspective
Social Science Research Network, 1997Co-Authors: Mansoor Dailami, Danny LeipzigerAbstract:The market seems to impose a high-risk premium on Infrastructure loans to countries with high inflation and to projects in the road sector. The success with which middle-income indebted developing countries have gained access to Private international finance in the 1990s is a tribute to their own domestic economic performance, international policy in dealing with the debt crisis of the 1980s, and innovations in international financial markets. Emphasizing the role of Private Infrastructure investment as a vehicle for attracting foreign capital to developing countries in the 1990s, Dailami and Leipziger develop an analytical model to examine what determines the credit-risk premium on Infrastructure projects in the country-risk environment of developing countries. They also provide tentative quantitative evidence of the importance of macroeconomic and project-specific attributes of project risk. Their key finding: the market seems to impose a high-risk premium on loans to countries with high inflation and to projects in the road sector. This paper - a product of the Regulatory Reform and Private Enterprise Division, Economic Development Institute - is part of a larger effort in the institute to expand best practice, knowledge, and learning in the Infrastructure finance area. Mansoor Dailami may be contacted at mdailami@worldbank.org.