This paper assesses the challenges and trade-offs faced by the three major NDBs in emerging economies in their efforts to (1) reach the goals set by their governments, (2) obtain the resources needed to function at a meaningful scale, and (3) operate within their unique economic and political contexts.
This paper examines the public finance underpinnings for an enhanced focus on different types of long-term investments as well as on operations and maintenance of existing investments.
Infrastructure Finance in the Developing World: Multilateral Lending Instruments for Infrastructure Financing - A report by the G-24 and the Global Green Growth Institute (GGGI). This paper is part of The Infrastructure Finance in the Developing World Working Paper Series, which is a joint research effort by GGGI and the G-24 that explores the challenges and opportunities for scaling up infrastructure finance in emerging markets and developing countries.
The paper discusses general trends in involving the private sector in public projects, PPPs and asymmetric information, and policy conclusions.