The Role of Developing Country Firms in Infrastructure : A New Class of Investors Emerges

• Tác giả: Michael Schur
• Ngôn ngữ: eng
• Ký hiệu phân loại: 338.9 Economic development and growth
• Thông tin xuất bản: World Bank, Washington, DC, 2012
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 315406
• Chủ đề: 1. ACQUISITION; 2. CAPITAL MARKETS; 3. COLLUSION; 4. CORPORATIONS; 5. ECONOMICS

Tóm tắt

Developing country investors have emerged as a major source of investment finance for infrastructure projects with private participation. The potential role of this investor class is encouraging. For policymakers it suggests a need to rethink privatization design, particularly the criteria used in selecting investors, which have been biased toward large international firms. The growth in new private infrastructure firms also matters because it should reduce the risk of collusion and other anticompetitive practices. This paper discusses the role of developing country investors, and their investment across regions.